South-Eastern Asia: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in South-Eastern Asia

In 2021, after two years of decline, there was significant growth in the Southeast Asian market for starch other than wheat, corn or potato, when its value increased by X% to $X. Over the period under review, consumption showed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Starch other than Wheat, Corn or Potato in South-Eastern Asia

In value terms, production of starch other than wheat, corn or potato stood at $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Production By Country in South-Eastern Asia

Thailand (X tons) remains the largest starch other than wheat, corn or potato producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, production of starch other than wheat, corn or potato in Thailand exceeded the figures recorded by the second-largest producer, Vietnam (X tons), twofold.

In Thailand, production of starch other than wheat, corn or potato increased at an average annual rate of +X% over the period from 2012-2021.

Exports of Starch other than Wheat, Corn or Potato

Exports in South-Eastern Asia

After two years of growth, overseas shipments of starch other than wheat, corn or potato decreased by -X% to X tons in 2021. Total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2020, and then declined in the following year.

In value terms, exports of starch other than wheat, corn or potato contracted slightly to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Thailand (X tons) was the key exporter of starch other than wheat, corn or potato, committing X% of total exports. It was distantly followed by Vietnam (X tons), making up a X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to starch other than wheat, corn or potato exports from Thailand stood at +X%. At the same time, Indonesia (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2012-2021. Vietnam experienced a relatively flat trend pattern. Thailand (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Thailand ($X) remains the largest starch other than wheat, corn or potato supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports.

In Thailand, exports of starch other than wheat, corn or potato increased at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2021, the rn or potato in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other leaders experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports in South-Eastern Asia

In 2021, supplies from abroad of starch other than wheat, corn or potato decreased by -X% to X tons, falling for the fifth consecutive year after three years of growth. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of starch other than wheat, corn or potato fell markedly to $X in 2021. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Malaysia (X tons) and the Philippines (X tons) represented roughly X% of total imports in 2021. Singapore (X tons) ranks next in terms of the total imports with a X% share, followed by Indonesia (X%), Thailand (X%) and Vietnam (X%). Myanmar (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest starch other than wheat, corn or potato importing markets in South-Eastern Asia were Malaysia ($X), the Philippines ($X) and Singapore ($X), with a combined X% share of total imports. These countries were followed by Indonesia, Thailand, Vietnam and Myanmar, which together accounted for a further X terms of the main importing countries, Myanmar, 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 2021, the rn or potato in South-Eastern Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Thailand ($X per ton) and Myanmar ($X per ton), while the Philippines ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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