ASEAN: Non-Wheat Flour Market 2024

Non-Wheat Flour Market Size in ASEAN

The ASEAN non-wheat flour market expanded notably to $X in 2023, picking up by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Non-Wheat Flour Production in ASEAN

In value terms, non-wheat flour production rose slightly to $X in 2023 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

Non-Wheat Flour Exports

Exports in ASEAN

In 2023, after two years of growth, there was significant decline in overseas shipments of non-wheat flours, when their volume decreased by X% to X tons. Total exports indicated temperate growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, non-wheat flour exports shrank to $X in 2023. Total exports indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then dropped in the following year.

Exports by Country

Thailand prevails in exports structure, recording X tons, which was approx. X% of total exports in 2023. It was distantly followed by Vietnam (X tons), making up a X% share of total exports. Myanmar (X tons) and Lao People's Democratic Republic (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to non-wheat flour exports from Thailand stood at X%. At the same time, Lao People's Democratic Republic (X%), Vietnam (X%) and Myanmar (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Vietnam and Lao People's Democratic Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest non-wheat flour supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Myanmar, with a X% share.

In Thailand, non-wheat flour exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2023, the export price in ASEAN amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced a decline in the export price figures.

Non-Wheat Flour Imports

Imports in ASEAN

In 2023, non-wheat flour imports in ASEAN reduced to X tons, declining by X% on the previous year's figure. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2022, and then reduced in the following year.

In value terms, non-wheat flour imports shrank to $X in 2023. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then shrank in the following year.

Imports by Country

Malaysia (X tons) and the Philippines (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Thailand (X tons), Singapore (X tons), Lao People's Democratic Republic (X tons) and Cambodia (X tons), together achieving a X% share of total imports. Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), the Philippines ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Among the main importing countries, the Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 2023, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Philippines ($X per ton) and Malaysia ($X per ton), while Lao People's Democratic Republic ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform