Wheat Starch Market in South-Eastern Asia
Market Overview
The Southeast Asian wheat starch market fell to $
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced expansion. The level of consumption peaked at $ in , and then fell in the following year.
In value terms, wheat starch production fell to $ in estimated in export price. Over the period under review, production, however, recorded a moderate increase. The pace of growth was the most pronounced in 2015 when the production volume increased by %. The level of production peaked at $ in , and then reduced modestly in the following year.
The country with the largest volume of wheat starch production was Indonesia ( tons), accounting for % of total volume. Moreover, wheat starch production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand ( tons), threefold. The Philippines ( tons) ranked third in terms of total production with a % share.
From 2007 to, the average annual growth rate of volume in Indonesia stood at +%. In the other countries, the average annual rates were as follows: Thailand (+% per year) and the Philippines (+% per year).
in , dropping by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a pronounced expansion. The level of consumption peaked at $ in , and then fell in the following year.In value terms, wheat starch production fell to $
in estimated in export price. Over the period under review, production, however, recorded a moderate increase. The pace of growth was the most pronounced in 2015 when the production volume increased by %. The level of production peaked at $ in , and then reduced modestly in the following year.The country with the largest volume of wheat starch production was Indonesia (
tons), accounting for % of total volume. Moreover, wheat starch production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand ( tons), threefold. The Philippines ( tons) ranked third in terms of total production with a % share.From 2007 to
, the average annual growth rate of volume in Indonesia stood at +%. In the other countries, the average annual rates were as follows: Thailand (+% per year) and the Philippines (+% per year).Consumption
Wheat starch consumption totaled tons in , with an increase of % compared with the previous year. Over the period under review, consumption recorded a buoyant expansion. The volume of consumption peaked at tons in ; however, from to , consumption remained at a lower figure.
The revenue of the wheat starch market in South-Eastern Asia expanded slightly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a moderate expansion. Over the period under review, the market reached the peak level at $ in ; afterwards, it flattened through to .
tons in , with an increase of % compared with the previous year. Over the period under review, consumption recorded a buoyant expansion. The volume of consumption peaked at tons in ; however, from to , consumption remained at a lower figure.The revenue of the wheat starch market in South-Eastern Asia expanded slightly to $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a moderate expansion. Over the period under review, the market reached the peak level at $ in ; afterwards, it flattened through to .Consumption by Country
Indonesia ( tons) constituted the country with the largest volume of wheat starch consumption, accounting for % of total volume. Moreover, wheat starch consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand ( tons), twofold. The third position in this ranking was taken by the Philippines ( tons), with a % share.
From 2007 to, the average annual rate of growth in terms of volume in Indonesia totaled +%. The remaining consuming countries recorded the following average annual rates of consumption growth: Thailand (+% per year) and the Philippines (+% per year).
In value terms, Indonesia ($) led the market, alone. The second position in the ranking was taken by the Philippines ($). It was followed by Thailand.
From 2007 to, the average annual rate of growth in terms of value in Indonesia stood at +%. In the other countries, the average annual rates were as follows: the Philippines (-% per year) and Thailand (+% per year).
From 2007 to, the average annual rate of growth in terms of the wheat starch per capita consumption in No country was relatively modest.
tons) constituted the country with the largest volume of wheat starch consumption, accounting for % of total volume. Moreover, wheat starch consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand ( tons), twofold. The third position in this ranking was taken by the Philippines ( tons), with a % share.From 2007 to
, the average annual rate of growth in terms of volume in Indonesia totaled +%. The remaining consuming countries recorded the following average annual rates of consumption growth: Thailand (+% per year) and the Philippines (+% per year).In value terms, Indonesia ($
) led the market, alone. The second position in the ranking was taken by the Philippines ($). It was followed by Thailand.From 2007 to
, the average annual rate of growth in terms of value in Indonesia stood at +%. In the other countries, the average annual rates were as follows: the Philippines (-% per year) and Thailand (+% per year).From 2007 to
, the average annual rate of growth in terms of the wheat starch per capita consumption in No country was relatively modest.Market Forecast
Driven by increasing demand for wheat starch in South-Eastern Asia, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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