Asia-Pacific: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Asia-Pacific

The Asia-Pacific mixes and doughs market contracted modestly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Mixes And Doughs Production in Asia-Pacific

In value terms, mixes and doughs production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Mixes And Doughs Exports

Exports in Asia-Pacific

In 2022, after five years of growth, there was significant decline in shipments abroad of mixes and doughs, when their volume decreased by -5.9% to X tons. The total export volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 11% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, mixes and doughs exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports attained the peak of $X, and then dropped modestly in the following year.

Exports by Country

In 2022, Singapore (X tons), distantly followed by South Korea (X tons), New Zealand (X tons), China (X tons), Thailand (X tons), Australia (X tons) and Malaysia (X tons) represented the major exporters of mixes and doughs, together creating 85% of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +10.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), New Zealand ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 54% of total exports.

Among the main exporting countries, New Zealand, with a CAGR of +10.2%, saw 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, surging by 4.8% against the previous year. In general, the export price continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 an increase of 10% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while South Korea ($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 (+6.5%), while the other leaders experienced mixed trends in the export price figures.

Mixes And Doughs Imports

Imports in Asia-Pacific

After ten years of growth, supplies from abroad of mixes and doughs decreased by -7.7% to X tons in 2022. Total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, mixes and doughs imports amounted to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2014 indices. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Japan (X tons), South Korea (X tons), Australia (X tons) and China (X tons) represented roughly 57% of total imports in 2022. Hong Kong SAR (X tons) took a 6.4% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (5.1%), Malaysia (5.1%) and the Philippines (4.5%). The following importers - Indonesia (X tons), Singapore (X tons), New Zealand (X tons) and Thailand (X tons) - together made up 15% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2022, with a combined 51% share of total imports. China, Hong Kong SAR, Singapore, Malaysia, Taiwan (Chinese), Indonesia, New Zealand, Thailand and the Philippines lagged somewhat behind, together accounting for a further 42%.

China, with a CAGR of +16.3%, saw the highest growth rate of the value of imports, among 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 Asia-Pacific stood at $X per ton in 2022, surging by 9.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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