Southern Asia: Durum Wheat Market 2024

Durum Wheat Market Size in Southern Asia

The South Asian durum wheat market reduced slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Southern Asia

In value terms, durum wheat production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The country with the largest volume of durum wheat production was India (X tons), accounting for X% of total volume. Moreover, durum wheat production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold. Afghanistan (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in India totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (X% per year) and Afghanistan (X% per year).

The average durum wheat yield contracted modestly to X tons per ha in 2022, leveling off at 2021. Overall, the yield, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the durum wheat yield reached the maximum level at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of durum wheat production in Southern Asia totaled X ha, remaining stable against the year before. Overall, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

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Durum Wheat Exports

Exports in Southern Asia

In 2022, exports of durum wheat in Southern Asia surged to X tons, jumping by X% against the year before. In general, exports, however, continue to indicate a precipitous curtailment. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports skyrocketed to $X in 2022. Over the period under review, exports, however, faced a dramatic decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X tons) was the key exporter of durum wheat in Southern Asia, comprising X% of total export.

India was also the fastest-growing in terms of the durum wheat exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest durum wheat supplier in Southern Asia.

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

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

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.

Durum Wheat Imports

Imports in Southern Asia

In 2022, overseas purchases of durum wheat decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, durum wheat imports soared to $X in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

The purchases of the one major importers of durum wheat, namely Pakistan, represented more than two-thirds of total import.

Pakistan was also the fastest-growing in terms of the durum wheat imports, with a CAGR of X% from 2012 to 2022. While the share of Pakistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported durum wheat in Southern Asia.

In Pakistan, durum wheat imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated a notable expansion 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, durum wheat import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Pakistan.

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

Source: IndexBox Platform

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