Asia-Pacific: Maltodextrine Market 2024

Maltodextrine Market Size in Asia-Pacific

The Asia-Pacific maltodextrine market stood at $X in 2023, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; afterwards, it flattened through to 2023.

Maltodextrine Production in Asia-Pacific

In value terms, maltodextrine production reduced slightly to $X in 2023 estimated in export price. Overall, production showed a mild setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production failed to regain momentum.

Maltodextrine Exports

Exports in Asia-Pacific

In 2023, exports of maltodextrine and maltodextine syrup in Asia-Pacific surged to X tons, rising by X% compared with the previous year. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, maltodextrine exports skyrocketed to $X in 2023. Overall, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Thailand represented the main exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by China (X tons), comprising a X% share of total exports. Malaysia (X tons), India (X tons) and Indonesia (X tons) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of X% from 2012 to 2023. At the same time, India (X%), Malaysia (X%), Indonesia (X%) and China (X%) displayed positive paces of growth. While the share of Thailand (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Indonesia (X p.p.), Malaysia (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, the largest maltodextrine supplying countries in Asia-Pacific were Thailand ($X), China ($X) and Malaysia ($X), together accounting for X% of total exports.

Among the main exporting countries, Thailand, with a CAGR of X%, saw 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-Pacific stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

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 Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Maltodextrine Imports

Imports in Asia-Pacific

In 2023, imports of maltodextrine and maltodextine syrup in Asia-Pacific soared to X tons, growing by X% on the previous year. In general, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see gradual growth in the near future.

In value terms, maltodextrine imports surged to $X in 2023. Over the period under review, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.

Imports by Country

China dominates imports structure, resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by Indonesia (X tons), committing a X% share of total imports. The Philippines (X tons), Malaysia (X tons), Thailand (X tons), South Korea (X tons) and Singapore (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the maltodextrine and maltodextine syrup imports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%), Thailand (X%), Malaysia (X%), the Philippines (X%) and Singapore (X%) displayed positive paces of growth. By contrast, South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Thailand (X p.p.), Indonesia (X p.p.), Malaysia (X p.p.), Singapore (X p.p.), the Philippines (X p.p.) and South Korea (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in China stood at X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the import price showed a perceptible reduction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform