Asia-Pacific: Durum Wheat Market 2022

Durum Wheat Market Size in Asia-Pacific

In 2021, after two years of growth, there was decline in the Asia-Pacific durum wheat market, when its value decreased by -X% to $X. Over the period under review, consumption, however, recorded a mild setback. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Durum Wheat Production in Asia-Pacific

In value terms, durum wheat production reduced to $X in 2021 estimated in export prices. In general, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

The countries with the highest volumes of durum wheat production in 2021 were China (X tonnes), India (X tonnes) and Pakistan (X tonnes), together comprising X% of total production.

From 2012 to 2021, the biggest increases were in India (+X%), while durum wheat production for the other leaders experienced more modest paces of growth.

In 2021, the average durum wheat yield in Asia-Pacific shrank modestly to X tonnes per ha, approximately equating 2020 figures. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The level of yield peaked at X tonnes per ha in 2019; however, from 2020 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of durum wheat in Asia-Pacific was estimated at X ha, approximately equating the previous year. In general, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to durum wheat production attained the maximum at X ha in 2015; however, from 2016 to 2021, the harvested area stood at a somewhat lower figure.

Production By Country in Asia-Pacific

The countries with the highest volumes of durum wheat production in 2021 were China (X tonnes), India (X tonnes) and Pakistan (X tonnes), with a combined X% share of total production.

From 2012 to 2021, the most notable rate of growth in terms of durum wheat production, amongst the key producing countries, was attained by India (+X%), while durum wheat production for the other leaders experienced more modest paces of growth.

Durum Wheat Exports

Exports in Asia-Pacific

In 2021, after two years of decline, there was significant growth in shipments abroad of durum wheat, when their volume increased by X% to X tonnes. In general, exports, however, saw a pronounced setback. Over the period under review, the exports attained the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, durum wheat exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Pakistan (X tonnes) was the major exporter of durum wheat, comprising X% of total exports. Australia (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Hong Kong SAR (X%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hong Kong SAR (+X%), while the other leaders experienced a decline in the exports figures.

In value terms, Australia ($X), Pakistan ($X) and Hong Kong SAR ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising X% of total exports.

In terms of the main exporting countries, Hong Kong SAR, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the durum wheat export price in Asia-Pacific amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, recorded a slight reduction. Over the period under review, the export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (-X%), while the other leaders experienced a decline in the export price figures.

Durum Wheat Imports

Imports in Asia-Pacific

In 2021, the amount of durum wheat imported in Asia-Pacific surged to X tonnes, jumping by X% compared with 2020. Overall, imports posted a buoyant increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, durum wheat imports skyrocketed to $X in 2021. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tonnes) represented the largest importer of durum wheat, committing X% of total imports. Pakistan (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and Indonesia (X%). Japan (X tonnes), Malaysia (X tonnes) and Thailand (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to durum wheat imports into China stood at +X%. At the same time, Thailand (+X%), Malaysia (+X%), Taiwan (Chinese) (+X%), Pakistan (+X%), Indonesia (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2012-2021. While the share of Pakistan (+X p.p.), China (+X p.p.), Taiwan (Chinese) (+X p.p.), Malaysia (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported durum wheat in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

In China, durum wheat imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The durum wheat import price in Asia-Pacific stood at $X per tonne in 2021, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2021, 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