Southern Asia: Non-Wheat Cereal Pellets Market 2024

Non-Wheat Cereal Pellets Market Size in Southern Asia

The South Asian non-wheat cereal pellets market rose to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed prominent growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Non-Wheat Cereal Pellets Production in Southern Asia

In value terms, non-wheat cereal pellets production expanded modestly to $X in 2022 estimated in export price. In general, production saw prominent growth. 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 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Non-Wheat Cereal Pellets Exports

Exports in Southern Asia

In 2022, overseas shipments of cereal pellets (excluding wheat) increased by X% to X tons, rising for the sixth year in a row after three years of decline. Overall, exports saw a significant increase. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, non-wheat cereal pellets exports soared to $X in 2022. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, India (X tons) was the key exporter of cereal pellets (excluding wheat) in Southern Asia, making up X% of total export.

India was also the fastest-growing in terms of the cereal pellets (excluding wheat) exports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest non-wheat cereal pellets supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a perceptible slump. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Non-Wheat Cereal Pellets Imports

Imports in Southern Asia

In 2022, the amount of cereal pellets (excluding wheat) imported in Southern Asia soared to X tons, picking up by X% against 2021 figures. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, non-wheat cereal pellets imports rose sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bangladesh (X tons) was the major importer of cereal pellets (excluding wheat), making up X% of total imports. Nepal (X tons) ranks second in terms of the total imports with a X% share, followed by India (X%).

Imports into Bangladesh increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Nepal (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Bangladesh and India increased by X and X percentage points, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported cereal pellets (excluding wheat) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Bangladesh amounted to X%. In the other countries, the average annual rates were as follows: India (X% per year) and Nepal (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :