Asia-Pacific: Maize Bran Market 2024

Maize Bran Market Size in Asia-Pacific

The Asia-Pacific maize bran market expanded remarkably to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Maize Bran Production in Asia-Pacific

In value terms, maize bran production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Maize Bran Exports

Exports in Asia-Pacific

In 2022, the amount of maize bran exported in Asia-Pacific soared to X tons, with an increase of X% on the year before. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, maize bran exports surged to $X in 2022. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X tons) and India (X tons) represented the main exporters of maize bran in 2022, accounting for near X% and X% of total exports, respectively. It was distantly followed by Malaysia (X tons), Vietnam (X tons), Indonesia (X tons) and China (X tons), together making up a X% share of total exports.

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

In value terms, the largest maize bran supplying countries in Asia-Pacific were Thailand ($X), Malaysia ($X) and India ($X), together comprising X% of total exports.

In terms of the main exporting countries, India, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2016; however, from 2017 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 China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Maize Bran Imports

Imports in Asia-Pacific

In 2022, maize bran imports in Asia-Pacific reduced notably to X tons, declining by X% on the previous year. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, maize bran imports reduced remarkably to $X in 2022. Overall, imports continue to indicate a perceptible setback. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X tons), distantly followed by Cambodia (X tons), Vietnam (X tons), Malaysia (X tons), Hong Kong SAR (X tons), Brunei Darussalam (X tons) and India (X tons) represented the largest importers of maize bran, together achieving X% of total imports. Taiwan (Chinese) (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Brunei Darussalam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest maize bran importing markets in Asia-Pacific were Singapore ($X), Cambodia ($X) and Malaysia ($X), with a combined X% share of total imports. Hong Kong SAR, Brunei Darussalam, Vietnam, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Brunei Darussalam, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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 Malaysia ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :