Exports of US distiller’s dried grains to Asian region grows

The market share in the region is growing
The market share in the region is growing
South East Asia represents one-third of all US distiller’s dried grains with solubles (DDGS) exports, and that market share continues to grow, according to the Department of Agriculture and the US Grains Council (USGC).
The region imported 3.07 million metric tonness of US DDGS from September 2019 to June 2020, slightly higher than the 2.95 million tonnes over the same period the previous year
“South East Asia is one of the fastest growing markets in the world,” said Manuel Sanchez, USGC director in the region. “Demand for US 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.”
This trade volume puts South East Asia’s share of world DDGS imports at about 36%, compared with 32% last year.
Overall, global imports of US DDGS are down year-over-year at 8.43 million tonnes, due to the spring shortfalls in production and exportable supply related to the outbreak of COVID-19. Four of the top 10 destinations are Vietnam, Indonesia, Thailand and New Zealand.
“The council is expanding DDGS sales by providing technical expertise and support as well as connecting grain buyers and end-users with US suppliers,” Sanchez said. “As a result, growth is being realized in both large and emerging markets for US coarse grains and co-products.”
The market share in the region is growing