Asia: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Asia

The Asian market for malt extract and food preparations of flour, meal, and starches contracted to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in Asia

In value terms, production of malt extract and food preparations of flour, meal, and starches shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports in Asia

In 2022, the amount of malt extract and food preparations of flour, meal, and starches exported in Asia declined slightly to X tons, with a decrease of X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of malt extract and food preparations of flour, meal, and starches rose slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Malaysia (X tons), distantly followed by Singapore (X tons) and Thailand (X tons) represented the main exporters of malt extract and food preparations of flour, meal, and starches, together achieving X% of total exports. India (X tons), South Korea (X tons), Vietnam (X tons), China (X tons), the United Arab Emirates (X tons) and Indonesia (X tons) followed a long way behind the leaders.

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, the largest malt extract and food preparations of flour, meal, and starch supplying countries in Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports. China, Vietnam, South Korea, India, the United Arab Emirates and Indonesia lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, saw a mild reduction. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports in Asia

In 2022, purchases abroad of malt extract and food preparations of flour, meal, and starches decreased by X% to X tons, falling for the second year in a row after nine years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of malt extract and food preparations of flour, meal, and starches fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2021, and then dropped slightly in the following year.

Imports by Country

In 2022, Japan (X tons), distantly followed by Iraq (X tons), Indonesia (X tons), the Philippines (X tons), Malaysia (X tons), China (X tons), Yemen (X tons) and Thailand (X tons) were the major importers of malt extract and food preparations of flour, meal, and starches, together mixing up X% of total imports. The following importers - Vietnam (X tons), Myanmar (X tons), Bangladesh (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to malt extract and food preparations of flour, meal, and starch imports into Japan stood at X%. At the same time, Yemen (X%), Iraq (X%), Myanmar (X%), Bangladesh (X%), Indonesia (X%), Taiwan (Chinese) (X%), the Philippines (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Malaysia and China experienced a relatively flat trend pattern. By contrast, Vietnam (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Iraq (X p.p.), Yemen (X p.p.), Indonesia (X p.p.), Myanmar (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (X p.p.), Thailand (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest malt extract and food preparations of flour, meal, and starch importing markets in Asia were China ($X), Japan ($X) and Thailand ($X), with a combined X% share of total imports. Iraq, Malaysia, Indonesia, the Philippines, Vietnam, Taiwan (Chinese), South Korea, Bangladesh, Myanmar and Yemen lagged somewhat behind, together comprising a further X%.

Yemen, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

Source: IndexBox Platform

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