
Eastern Asia - Durum Wheat - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Durum Wheat Market 2022
Durum Wheat Market Size in Eastern Asia
After two years of growth, the East Asian durum wheat market decreased by -X% to $X in 2021. Over the period under review, consumption showed a pronounced setback. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.
Durum Wheat Production in Eastern Asia
In value terms, durum wheat production contracted to $X in 2021 estimated in export prices. In general, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.
China (X tonnes) constituted the country with the largest volume of durum wheat production, comprising approx. X% of total volume.
In China, durum wheat production increased at an average annual rate of +X% over the period from 2012-2021.
The average durum wheat yield declined modestly to X tonnes per ha in 2021, approximately equating the previous year's figure. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. Over the period under review, the durum wheat yield reached the peak level at X tonnes per ha in 2020, and then reduced modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The durum wheat harvested area fell modestly to X ha in 2021, approximately mirroring the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to durum wheat production reached the maximum at X ha in 2016; however, from 2017 to 2021, the harvested area remained at a lower figure.
Production By Country in Eastern Asia
China (X tonnes) remains the largest durum wheat producing country in Eastern Asia, comprising approx. X% of total volume.
From 2012 to 2021, the average annual growth rate of volume in China totaled +X%.
Durum Wheat Exports
Exports in Eastern Asia
In 2021, approx. X tonnes of durum wheat were exported in Eastern Asia; growing by X% against the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.
In value terms, durum wheat exports rose significantly to $X in 2021. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.
Exports by Country
Hong Kong SAR prevails in durum wheat exports structure, accounting for X tonnes, which was approx. X% of total exports in 2021. Japan (X tonnes) followed a long way behind the leaders.
Hong Kong SAR was also the fastest-growing in terms of the durum wheat exports, with a CAGR of +X% from 2012 to 2021. Japan (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Hong Kong SAR and Japan increased by +X and +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Hong Kong SAR ($X) remains the largest durum wheat supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.
In Hong Kong SAR, durum wheat exports expanded at an average annual rate of +X% over the period from 2012-2021.
Export Prices by Country
In 2021, the durum wheat export price in Eastern Asia amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per tonne. From 2015 to 2021, the the export prices remained at a lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per tonne), while Hong Kong SAR amounted to $X per tonne.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-X%).
Durum Wheat Imports
Imports in Eastern Asia
In 2021, supplies from abroad of durum wheat increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.
In value terms, durum wheat imports surged to $X in 2021. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.
Imports by Country
China represented the largest importer of durum wheat in Eastern Asia, with the volume of imports resulting at X tonnes, which was near X% of total imports in 2021. It was distantly followed by Taiwan (Chinese) (X tonnes), committing a X% share of total imports. Japan (X tonnes) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to durum wheat imports into China stood at +X%. At the same time, Taiwan (Chinese) (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2012-2021. Taiwan (Chinese) (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan and China saw its share reduced by -X% and -X% from 2012 to 2021, respectively.
In value terms, China ($X) constitutes the largest market for imported durum wheat in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports.
In China, durum wheat imports expanded 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: Taiwan (Chinese) (+X% per year) and Japan (+X% per year).
Import Prices by Country
In 2021, the durum wheat import price in Eastern Asia amounted to $X per tonne, approximately mirroring the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the durum wheat market in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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