Asia: Brewing Dregs Market 2024

Brewing Dregs Market Size in Asia

The Asian brewing dregs market contracted to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Brewing Dregs Production in Asia

In value terms, brewing dregs production contracted slightly to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -11.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 38%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Brewing Dregs Exports

Exports in Asia

In 2022, overseas shipments of brewing or distilling dregs and waste increased by 4.4% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2015 when exports increased by 43%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, brewing dregs exports rose to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X tons), distantly followed by Kazakhstan (X tons), India (X tons), China (X tons), South Korea (X tons), Turkey (X tons) and Singapore (X tons) represented the major exporters of brewing or distilling dregs and waste, together constituting 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +74.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest brewing dregs supplying countries in Asia were Vietnam ($X), India ($X) and China ($X), together comprising 56% of total exports.

India, with a CAGR of +84.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, waning by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2021 an increase of 19%. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), while the other leaders experienced more modest paces of growth.

Brewing Dregs Imports

Imports in Asia

In 2022, the amount of brewing or distilling dregs and waste imported in Asia reduced to X tons, waning by -14.5% on 2021. Total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 36%. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, brewing dregs imports reduced to $X in 2022. Overall, imports, however, showed a mild expansion. The growth pace was the most rapid in 2013 when imports increased by 46% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X tons) and South Korea (X tons) represented roughly 45% of total imports in 2022. It was distantly followed by Indonesia (X tons), Turkey (X tons), Japan (X tons) and Israel (X tons), together generating a 38% share of total imports. Taiwan (Chinese) (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +14.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Vietnam ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 55% share of total imports. Turkey, Japan, Israel, Taiwan (Chinese) and Bangladesh lagged somewhat behind, together accounting for a further 34%.

In terms of the main importing countries, Bangladesh, with a CAGR of +16.8%, recorded the highest rates of growth with regard to the value of imports, 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 Asia stood at $X per ton in 2022, rising by 10% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 24% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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