Southern Asia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Southern Asia

The South Asian mixes and doughs market declined modestly to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Mixes And Doughs Production in Southern Asia

In value terms, mixes and doughs production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 14% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Mixes And Doughs Exports

Exports in Southern Asia

In 2022, shipments abroad of mixes and doughs increased by 29% to X tons, rising for the eighth year in a row after two years of decline. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 99%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, mixes and doughs exports soared to $X in 2022. Overall, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 104% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

India represented the largest exporting country with an export of around X tons, which resulted at 65% of total exports. Bangladesh (X tons) ranks second in terms of the total exports with a 26% share, followed by Pakistan (8.6%).

Exports from India increased at an average annual rate of +17.4% from 2012 to 2022. At the same time, Pakistan (+87.9%) and Bangladesh (+49.5%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +87.9% from 2012-2022. Bangladesh (+23 p.p.) and Pakistan (+8.5 p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -29.7% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest mixes and doughs supplier in Southern Asia, comprising 69% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to +12.1%. In the other countries, the average annual rates were as follows: Bangladesh (+59.3% per year) and Pakistan (+68.9% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, falling by -6.8% against the previous year. Overall, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 2.7%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.6%), while the other leaders experienced a decline in the export price figures.

Mixes And Doughs Imports

Imports in Southern Asia

In 2022, the amount of mixes and doughs imported in Southern Asia fell modestly to X tons, dropping by -1.8% compared with the previous year's figure. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 54%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, mixes and doughs imports dropped modestly to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +47.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

India (X tons) and Pakistan (X tons) represented the largest importers of mixes and doughs in 2022, recording near 31% and 24% of total imports, respectively. Maldives (X tons) ranks next in terms of the total imports with a 14% share, followed by Bangladesh (13%), Nepal (7.3%), Afghanistan (5.9%) and Sri Lanka (4.5%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Nepal (with a CAGR of +26.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs importing markets in Southern Asia were India ($X), Pakistan ($X) and Maldives ($X), together accounting for 70% of total imports. Bangladesh, Nepal, Afghanistan and Sri Lanka lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Nepal, with a CAGR of +27.7%, 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 2022, the import price in Southern Asia amounted to $X per ton, stabilizing at the previous year. In general, the import price showed a slight downturn. The most prominent rate of growth was recorded in 2013 when the import price increased by 6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Sri Lanka ($X per ton) and India ($X per ton), while Bangladesh ($X per ton) and Pakistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :