Eastern Asia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Eastern Asia

The East Asian mixes and doughs market reduced modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Mixes And Doughs Production in Eastern Asia

In value terms, mixes and doughs production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by 14% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports in Eastern Asia

In 2022, shipments abroad of mixes and doughs decreased by -26.4% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, mixes and doughs exports dropped markedly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 24%. The level of export peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

South Korea was the largest exporting country with an export of about X tons, which resulted at 53% of total exports. It was distantly followed by China (X tons), Taiwan (Chinese) (X tons) and Japan (X tons), together making up a 45% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +9.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X), South Korea ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of exports in 2022, together accounting for 87% of total exports.

Taiwan (Chinese), with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, picking up by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while South Korea ($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 more modest paces of growth.

Mixes And Doughs Imports

Imports in Eastern Asia

In 2022, after ten years of growth, there was significant decline in supplies from abroad of mixes and doughs, when their volume decreased by -11.7% to X tons. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +50.3% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, mixes and doughs imports declined to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +54.8% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

The purchases of the three major importers of mixes and doughs, namely Japan, South Korea and China, represented more than two-thirds of total import. It was distantly followed by Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons), together making up a 20% share 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, the largest mixes and doughs importing markets in Eastern Asia were Japan ($X), South Korea ($X) and China ($X), with a combined 79% share of total imports.

In terms of the main importing countries, China, with a CAGR of +16.3%, saw 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

The import price in Eastern Asia stood at $X per ton in 2022, picking up by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the import price increased by 8.9%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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