Market Review of the Corn Flour and Corn Groats Production in the Asian Countries

Market Review of the Corn Flour and Corn Groats Production in the Asian Countries

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Total production of the corn flour in the Asian countries fluctuates close to 350 thou tons per year. The major flour producer is China whose production share totaled 70% in the Asian region. India and Indonesia are large producers as well and their production share makes 7-10%.

Corn flour production in Asia takes place not only on the industrial facilities but in the households as well. That tendency is especially relevant to the rural provinces of China and India, where household production role is rather significant. Below you will find the full analysis of the groats and flour production in Asia.

Corn Flour Production in Asia in 2015, Thou Tons

Corn Production in Asia by Countries in 2015, %

At a general, corn flour production increases in the Asian countries (excluding India, Indonesia, North Korea and Cambodia). Average manufacturing growth rate in China and Philippines makes 3%, in Vietnam – 8%, in Thailand – 18%. Total average growth rate of the all Asian countries is 2%, that caused by the population increase and demand rise for the corn flour.

Corn Flour Production in Asian Countries in 2013-2015, Thou Tons

2013 2014 2015 CAGR, %
China 243,7 240,5 250,5 3,0
India 40,1 40,0 34,7 -1,5
Indonesia 23,5 24,1 24,2 -0,5
Philippines 9,4 7,6 9,8 2,9
Vietnam 7,2 7,3 8,3 8,1
Nepal 6,8 6,9 6,0 0,6
Thailand 4,1 5,4 5,6 17,5
Korea, North 5,6 5,5 5,4 -1,8
Japan 3,2 3,1 3,9 0,9
Malaysia 1,9 2,5 2,4 7,5
Cambodia 2,7 1,8 1,6 -14,8
Afghanistan 1,2 1,2 1,2 0,0
Laos 0,6 0,7 0,7 5,6
Korea, South 0,1 0,1 0,1 0,0
Taiwan 0,0 0,0 0,0
Total 350,1 346,7 354,4 2,2

source of information: Food and Agriculture Organization of the United Nations (FAO); United State Department of Agriculture, Foreign Agriculture Service (FAS)

Corn Groats Production in Asia in 2015, Thou Tons

Corn Groats Production by Countries in 2015, %

Corn groats manufacturing in Asia shows positive trend. 1,9 mln. tons where manufactured in 2012, whereas in 2015 the production volumes increases to 2,1 mln. tons. The largest corn producer is China, whose share totals 70% in the Asian region. India and Indonesia are significantly behind China and produce only 0,2 and 0,15 mln. tons per year respectively.

Corn Groats Production in Asian Countries in 2013-2015, Thou Tons

2013 2014 2015 CAGR, %
China 1462,2 1443,2 1503,0 3,0
India 240,7 239,8 208,4 -1,5
Indonesia 141,0 144,8 145,4 -0,5
Vietnam 43,1 43,9 49,7 7,7
Philippines 43,5 44,3 43,3 1,1
Nepal 41,0 41,4 36,0 0,6
Korea, North 33,3 33,0 32,4 -1,8
Thailand 16,0 21,0 22,0 6,7
Afghanistan 7,2 7,3 6,9 -1,4
Laos 3,6 4,2 4,4 9,1
Cambodia 8,0 5,6 4,2 -20,3
Japan 3,2 2,8 3,4 20,4
Korea, South 1,6 1,6 1,5 -4,0
Malaysia 0,1 0,1 0,1 0,0
Taiwan 0,1 0,1 0,1
Total 2044,6 2033,1 2060,8 2,1

source of information: Food and Agriculture Organization of the United Nations (FAO); United State Department of Agriculture, Foreign Agriculture Service

In spite of the large production volumes of the corn flour and groats, Asia region is the big net importer of these products that allows counting Asian countries as the attractive markets for the export from EU, CIS, North and South America.

Please, email us via partner@maxrise-consulting.com or call by the contact numbers if you are of interest to receive full research regarding promising markets for corn flour and groats export.

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