Chart of Note: Southeast Asia Represents More Than One-Third Of U.S. DDGS Exports

Published 2020년 8월 13일

Tridge summary

The article highlights the growth of U.S. distiller’s dried grains with solubles (DDGS) exports to Southeast Asia, which now accounts for one-third of total U.S. DDGS exports. In the 2019/2020 marketing year, Southeast Asia imported 3.07 million metric tons of U.S. DDGS, marking a decrease in global DDGS imports due to COVID-19 impact. The top four buyers of U.S. DDGS in the region are Vietnam, Indonesia, and Thailand, with Vietnam ranking as the third largest global buyer. The U.S. Grains Council is actively increasing engagement with feed industries in Southeast Asia, contributing to the growth in DDGS demand. Despite phytosanitary constraints, Thailand's DDGS imports have seen a significant increase, and the Philippines has also increased its purchases. The article emphasizes the role of virtual programs in maintaining customer engagement during the pandemic.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Click on the chart to view a larger version. Southeast Asia represents one-third of all U.S. distiller’s dried grains with solubles (DDGS) exports, and that market share continues to grow, according to data from the U.S. Department of Agriculture (USDA) and the U.S. Grains Council (USGC). “Southeast Asia is one of the fastest growing markets in the world,” said Manuel Sanchez, USGC director in the region. “Demand for U.S. DDGS in the region continues to build and diversify as the Council increases our engagement with rapidly-expanding feed industries in need of more efficient feed ingredients.” Thus far in 2019/2020 (Sept. 2019-June 2020), Southeast Asia has imported 3.07 million metric tons of U.S. DDGS, slightly higher than the 2.95 million tons at this time last year. This trade volume puts Southeast Asia’s share of world DDGS imports at roughly 36 percent, compared with 32 percent last year. This uptick fits with the five-year trend of increased DDGS export share relative to ...

Source: US Grains Council