Asia: Maltodextrine Market 2024

Maltodextrine Market Size in Asia

The Asian maltodextrine market totaled $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Maltodextrine Production in Asia

In value terms, maltodextrine production shrank modestly to $X in 2023 estimated in export price. In general, production continues to indicate a slight descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Maltodextrine Exports

Exports in Asia

In 2023, maltodextrine exports in Asia skyrocketed to X tons, picking up by X% compared with 2022 figures. Over the period under review, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, maltodextrine exports soared to $X in 2023. In general, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Thailand (X tons) represented the major exporter of maltodextrine and maltodextine syrup, generating X% of total exports. It was distantly followed by China (X tons), achieving a X% share of total exports. Turkey (X tons), Malaysia (X tons), India (X tons) and Indonesia (X tons) held a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of X% from 2012 to 2023. At the same time, India (X%), Malaysia (X%), Indonesia (X%), Turkey (X%) and China (X%) displayed positive paces of growth. While the share of Thailand (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Malaysia (X p.p.), Turkey (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), China ($X) and Turkey ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Maltodextrine Imports

Imports in Asia

In 2023, approx. X tons of maltodextrine and maltodextine syrup were imported in Asia; rising by X% on the previous year. In general, imports recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, maltodextrine imports skyrocketed to $X in 2023. Over the period under review, imports posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

China prevails in imports structure, reaching X tons, which was near X% of total imports in 2023. It was distantly followed by Indonesia (X tons), constituting a X% share of total imports. The following importers - the Philippines (X tons), Malaysia (X tons), Thailand (X tons), South Korea (X tons) and Singapore (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the maltodextrine and maltodextine syrup imports, with a CAGR of X% from 2012 to 2023. At the same time, Indonesia (X%), Thailand (X%), Malaysia (X%), the Philippines (X%) and Singapore (X%) displayed positive paces of growth. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China increased by X percentage points.

In value terms, China ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in Asia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the Philippines (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, dropping by X% against the previous year. In general, the import price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform