Eastern Asia: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Eastern Asia

The East Asian non-wheat cereal pellets market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption recorded a significant expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Non-Wheat Cereal Pellets Production in Eastern Asia

In value terms, non-wheat cereal pellets production soared to $X in 2022 estimated in export price. Overall, production recorded a significant increase. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Non-Wheat Cereal Pellets Exports

Exports in Eastern Asia

Non-wheat cereal pellets exports stood at X tons in 2022, remaining constant against 2021 figures. In general, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-wheat cereal pellets exports dropped modestly to $X in 2022. Over the period under review, exports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea was the largest exporting country with an export of about X tons, which recorded X% of total exports. Taiwan (Chinese) (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (X%).

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest non-wheat cereal pellets supplying countries in Eastern Asia were South Korea ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X), together accounting for X% of total exports.

Among the main exporting countries, Hong Kong SAR, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Non-Wheat Cereal Pellets Imports

Imports in Eastern Asia

In 2022, approx. X tons of cereal pellets (excluding wheat) were imported in Eastern Asia; growing by X% compared with the previous year's figure. Over the period under review, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-wheat cereal pellets imports soared to $X in 2022. Overall, imports, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X tons) was the major importer of cereal pellets (excluding wheat), achieving X% of total imports. It was distantly followed by Hong Kong SAR (X tons), creating a X% share of total imports. Taiwan (Chinese) (X kg) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hong Kong SAR (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Hong Kong SAR ($X), Japan ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Hong Kong SAR, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, showed a slight slump. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Source: IndexBox Platform

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