Southern Asia: Maltodextrine Market 2024

Maltodextrine Market Size in Southern Asia

After three years of growth, the South Asian maltodextrine market decreased by -5% to $X in 2021. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Maltodextrine Production in Southern Asia

In value terms, maltodextrine production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 14% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.

Maltodextrine Exports

Exports in Southern Asia

For the tenth year in a row, Southern Asia recorded growth in overseas shipments of maltodextrine and maltodextine syrup, which increased by 63% to X tons in 2021. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, maltodextrine exports surged to $X in 2021. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 43%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

India represented the key exporting country with an export of around X tons, which finished at 85% of total exports. It was distantly followed by Pakistan (X tons), mixing up an 11% share of total exports. Sri Lanka (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to maltodextrine exports from India stood at +20.4%. At the same time, Pakistan (+34.6%) and Sri Lanka (+1.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +34.6% from 2012-2021. From 2012 to 2021, the share of Pakistan increased by +7.2 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest maltodextrine supplier in Southern Asia, comprising 69% of total exports. The second position in the ranking was held by Pakistan ($X), with a 20% share of total exports.

In India, maltodextrine exports increased at an average annual rate of +20.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Pakistan (+37.6% per year) and Sri Lanka (+8.9% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, shrinking by -12.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 21%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, 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 Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.9%), while the other leaders experienced mixed trends in the export price figures.

Maltodextrine Imports

Imports in Southern Asia

In 2021, overseas purchases of maltodextrine and maltodextine syrup increased by 7.6% to X tons, rising for the third year in a row after four years of decline. In general, imports showed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by 90%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, maltodextrine imports soared to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of 82% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Pakistan (X tons), Sri Lanka (X tons), India (X tons) and Bangladesh (X tons) represented the main importer of maltodextrine and maltodextine syrup in Southern Asia, comprising 96% of total import. Nepal (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest maltodextrine importing markets in Southern Asia were Bangladesh ($X), India ($X) and Pakistan ($X), together accounting for 76% of total imports.

Among the main importing countries, Bangladesh, with a CAGR of +29.9%, 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

In 2021, the import price in Southern Asia amounted to $X per ton, surging by 15% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 16%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, 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 Bangladesh ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+12.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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