ASEAN: Non-Wheat Groats Market 2024

Non-Wheat Groats Market Size in ASEAN

The ASEAN non-wheat groats market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a noticeable decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Non-Wheat Groats Production in ASEAN

In value terms, non-wheat groats production rose to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Non-Wheat Groats Exports

Exports in ASEAN

In 2022, shipments abroad of groats and meal of cereals (excluding wheat) increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, non-wheat groats exports soared to $X in 2022. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Myanmar (X tons) and Malaysia (X tons) represented the main exporters of groats and meal of cereals (excluding wheat) in ASEAN, together finishing at near X% of total exports. Lao People's Democratic Republic (X tons) took the next position in the ranking, distantly followed by Vietnam (X tons). All these countries together took near X% share of total exports. Thailand (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Myanmar ($X) and Lao People's Democratic Republic ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Thailand and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, dropping by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of X%. The level of export peaked at $X per ton in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Non-Wheat Groats Imports

Imports in ASEAN

In 2022, overseas purchases of groats and meal of cereals (excluding wheat) increased by X% to X tons, rising for the fifth year in a row after four years of decline. In general, imports showed tangible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-wheat groats imports surged to $X in 2022. Overall, imports continue to indicate a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Malaysia (X tons) represented the key importer of groats and meal of cereals (excluding wheat), comprising X% of total imports. It was distantly followed by Thailand (X tons), generating a X% share of total imports. Indonesia (X tons) and Singapore (X tons) followed a long way behind the leaders.

Malaysia experienced a relatively flat trend pattern with regard to volume of imports of groats and meal of cereals (excluding wheat). At the same time, Thailand (X%), Indonesia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Thailand (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Thailand ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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