South-Eastern Asia: Durum Wheat Market 2024

Durum Wheat Market Size in South-Eastern Asia

The Southeast Asian durum wheat market fell to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Durum Wheat Production in South-Eastern Asia

In value terms, durum wheat production rose notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Singapore (X tons) constituted the country with the largest volume of durum wheat production, accounting for X% of total volume. Moreover, durum wheat production in Singapore exceeded the figures recorded by the second-largest producer, Myanmar (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Singapore was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (X% per year) and Indonesia (X% per year).

In 2022, the average durum wheat yield in South-Eastern Asia expanded rapidly to X tons per ha, with an increase of X% against 2021. The yield indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, durum wheat yield increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the durum wheat yield attained the maximum level in 2022 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of durum wheat production in South-Eastern Asia declined to X ha, remaining relatively unchanged against 2021. Over the period under review, the harvested area recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Durum Wheat Exports

Exports in South-Eastern Asia

In 2022, exports of durum wheat in South-Eastern Asia expanded significantly to X tons, with an increase of X% compared with 2021. In general, exports, however, continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, durum wheat exports fell markedly to $X in 2022. Overall, exports, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lao People's Democratic Republic dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) followed a long way behind the leaders.

Lao People's Democratic Republic was also the fastest-growing in terms of the durum wheat exports, with a CAGR of X% from 2012 to 2022. Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Lao People's Democratic Republic increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Lao People's Democratic Republic, durum wheat exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, showed a temperate expansion. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (X%).

Durum Wheat Imports

Imports in South-Eastern Asia

In 2022, durum wheat imports in South-Eastern Asia contracted significantly to X tons, dropping by X% on 2021. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, durum wheat imports contracted to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Thailand (X tons) and Malaysia (X tons) prevails in imports structure, together creating X% of total imports. Vietnam (X tons) and Cambodia (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest durum wheat importing markets in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Vietnam ($X), together accounting for X% of total imports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, durum wheat import price increased by X% against 2016 indices. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

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 Thailand ($X per ton), while Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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