South-Eastern Asia: Brewing Dregs Market 2024

Brewing Dregs Market Size in South-Eastern Asia

In 2022, after five years of growth, there was significant decline in the Southeast Asian brewing dregs market, when its value decreased by -7.8% to $X. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Brewing Dregs Production in South-Eastern Asia

In value terms, brewing dregs production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 19% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Brewing Dregs Exports

Exports in South-Eastern Asia

In 2022, the amount of brewing or distilling dregs and waste exported in South-Eastern Asia expanded sharply to X tons, picking up by 14% against the previous year. Overall, exports, however, showed a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 38%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, brewing dregs exports totaled $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 52% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam represented the key exporter of brewing or distilling dregs and waste in South-Eastern Asia, with the volume of exports reaching X tons, which was approx. 78% of total exports in 2022. It was distantly followed by Singapore (X tons), comprising a 14% share of total exports. Lao People's Democratic Republic (X tons) and the Philippines (X tons) followed a long way behind the leaders.

Exports from Vietnam decreased at an average annual rate of -5.3% from 2012 to 2022. At the same time, Lao People's Democratic Republic (+45.2%) and the Philippines (+19.7%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +45.2% from 2012-2022. By contrast, Singapore (-3.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Lao People's Democratic Republic increased by +4 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest brewing dregs supplier in South-Eastern Asia, comprising 78% of total exports. The second position in the ranking was held by Singapore ($X), with a 12% share of total exports. It was followed by Lao People's Democratic Republic, with a 3.7% share.

In Vietnam, brewing dregs exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+1.9% per year) and Lao People's Democratic Republic (+40.1% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, declining by -10.5% against the previous year. Export price indicated strong growth from 2012 to 2022: its price 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, brewing dregs export price decreased by -16.0% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 41% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.6%), while the other leaders experienced more modest paces of growth.

Brewing Dregs Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of brewing or distilling dregs and waste were imported in South-Eastern Asia; waning by -18.1% compared with the year before. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2016 when imports increased by 68%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, brewing dregs imports shrank to $X in 2022. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 53%. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Vietnam (X tons) was the main importer of brewing or distilling dregs and waste, generating 54% of total imports. Indonesia (X tons) ranks second in terms of the total imports with a 29% share, followed by Thailand (6.2%) and the Philippines (5.7%). The following importers - Cambodia (X tons) and Malaysia (X tons) - together made up 4.8% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +22.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, with a combined 88% share of total imports. The Philippines, Cambodia and Malaysia lagged somewhat behind, together comprising a further 12%.

Among the main importing countries, Cambodia, with a CAGR of +18.7%, saw 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by 7.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 21% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :