ASEAN: Citrus Fruit Market 2024

Citrus Fruit Market Size in ASEAN

The ASEAN citrus fruit market amounted to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Citrus Fruit Production in ASEAN

In value terms, citrus fruit production expanded modestly to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Indonesia (X tons), Vietnam (X tons) and Thailand (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average citrus fruit yield contracted modestly to X tons per ha in 2022, dropping by X% compared with the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of yield peaked at X tons per ha in 2021, and then dropped slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of citrus fruits were harvested in ASEAN; approximately mirroring the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to citrus fruit production reached the peak figure at X ha in 2021, and then reduced in the following year.

Citrus Fruit Exports

Exports in ASEAN

Citrus fruit exports skyrocketed to X tons in 2022, rising by X% compared with the previous year. In general, exports posted a resilient increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, citrus fruit exports surged to $X in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons) and Thailand (X tons) were the largest exporters of citrus fruits in 2022, resulting at approx. X% and X% of total exports, respectively. Malaysia (X tons) ranks next in terms of the total exports with a X% share, followed by Singapore (X%). The following exporters - Lao People's Democratic Republic (X tons) and Myanmar (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Malaysia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Lao People's Democratic Republic, with a CAGR of X%, saw the highest growth rate of 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 2022, the export price in ASEAN amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Citrus Fruit Imports

Imports in ASEAN

In 2022, supplies from abroad of citrus fruits increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, citrus fruit imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X tons) and Malaysia (X tons) were the main importers of citrus fruits in 2022, accounting for near X% and X% of total imports, respectively. Indonesia (X tons) held the next position in the ranking, followed by the Philippines (X tons), Thailand (X tons) and Singapore (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest citrus fruit importing markets in ASEAN were Vietnam ($X), Malaysia ($X) and Indonesia ($X), together accounting for X% of total imports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform