South-Eastern Asia: Lentil Market 2024

Lentil Market Size in South-Eastern Asia

The Southeast Asian lentil market reduced to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Lentil Production in South-Eastern Asia

In value terms, lentil production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Myanmar (X tons) constituted the country with the largest volume of lentil production, accounting for X% of total volume.

In Myanmar, lentil production expanded at an average annual rate of X% over the period from 2012-2022.

The average lentil yield surged to X tons per ha in 2022, with an increase of X% against the year before. Overall, the yield enjoyed buoyant growth. As a result, the yield attained the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of lentils in South-Eastern Asia totaled X ha, surging by X% on 2021 figures. In general, the harvested area, however, recorded a perceptible downturn. Over the period under review, the harvested area dedicated to lentil production attained the peak figure at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

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Lentil Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of lentils were exported in South-Eastern Asia; picking up by X% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lentil exports skyrocketed to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Myanmar prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. Malaysia (X tons) held a relatively small share of total exports.

Myanmar was also the fastest-growing in terms of the lentils exports, with a CAGR of X% from 2012 to 2022. Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Myanmar increased by X percentage points.

In value terms, Myanmar ($X) emerged as the largest lentil supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

In Myanmar, lentil exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Myanmar totaled $X per ton.

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

Lentil Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of lentils decreased by X% to X tons, falling for the third consecutive year after three years of growth. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lentil imports contracted to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X tons) and Singapore (X tons) prevails in imports structure, together creating X% of total imports. The following importers - Lao People's Democratic Republic (X tons), Vietnam (X tons) and Thailand (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lentil importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Thailand ($X), together comprising X% of total imports. Vietnam and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lentil import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 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 Thailand ($X per ton), while Lao People's Democratic Republic ($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