Southern Asia: Brewing Dregs Market 2024

Brewing Dregs Market Size in Southern Asia

The South Asian brewing dregs market reached $X in 2022, picking up by 8.5% against the previous year. Over the period under review, consumption, however, showed prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Brewing Dregs Production in Southern Asia

In value terms, brewing dregs production shrank to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 212% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Brewing Dregs Exports

Exports in Southern Asia

For the third consecutive year, Southern Asia recorded growth in shipments abroad of brewing or distilling dregs and waste, which increased by 102% to X tons in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 429% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, brewing dregs exports surged to $X in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 329% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, India (X tons) was the largest exporter of brewing or distilling dregs and waste, making up 79% of total exports. It was distantly followed by Nepal (X tons), creating a 20% share of total exports.

India was also the fastest-growing in terms of the brewing or distilling dregs and waste exports, with a CAGR of +70.2% from 2012 to 2022. At the same time, Nepal (+48.9%) displayed positive paces of growth. India (+62 p.p.) and Nepal (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest brewing dregs supplier in Southern Asia, comprising 94% of total exports. The second position in the ranking was taken by Nepal ($X), with a 4.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +84.5%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, growing by 98% against the previous year. Over the period under review, the export price recorded tangible growth. The most prominent rate of growth was recorded in 2018 when the export price increased by 109%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+9.5%).

Brewing Dregs Imports

Imports in Southern Asia

In 2022, overseas purchases of brewing or distilling dregs and waste decreased by -3.8% to X tons, falling for the second consecutive year after seven years of growth. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2016 when imports increased by 248%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, brewing dregs imports declined slightly to $X in 2022. Overall, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 275% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Bangladesh prevails in imports structure, amounting to X tons, which was near 90% of total imports in 2022. It was distantly followed by Sri Lanka (X tons), creating a 5% share of total imports. India (X tons) followed a long way behind the leaders.

Imports into Bangladesh increased at an average annual rate of +14.1% from 2012 to 2022. At the same time, Sri Lanka (+49.3%) and India (+21.3%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +49.3% from 2012-2022. From 2012 to 2022, the share of Sri Lanka and India increased by +4.6 and +3.7 percentage points, respectively.

In value terms, Bangladesh ($X) constitutes the largest market for imported brewing or distilling dregs and waste in Southern Asia, comprising 87% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 10% share of total imports.

In Bangladesh, brewing dregs imports expanded at an average annual rate of +16.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Sri Lanka (+56.1% per year) and India (+44.4% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 3.3% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs import price increased by +6.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 81% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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