Asia: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Asia

In 2021, the Asian fruit or nut preserves market decreased by -6.5% to $X, falling for the second consecutive year after six years of growth. The market value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Asia

In value terms, fruit or nut preserves production rose modestly to $X in 2021 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -24.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 16%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports in Asia

In 2021, approx. X tons of jams, marmalades, fruit jellies, fruit or nut purees and pastes were exported in Asia; picking up by 48% compared with the previous year. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +80.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) and India (X tons) represented the largest exporters of jams, marmalades, fruit jellies, fruit or nut purees and pastes in Asia, together constituting 68% of total exports. China (X tons) ranks next in terms of the total exports with a 9.8% share, followed by Iran (4.7%). The following exporters - the Philippines (X tons), the United Arab Emirates (X tons) and Taiwan (Chinese) (X tons) - together made up 6.2% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +17.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest fruit or nut preserves supplier in Asia, comprising 54% of total exports. The second position in the ranking was taken by India ($X), with an 18% share of total exports. It was followed by China, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Turkey totaled +11.0%. In the other countries, the average annual rates were as follows: India (+10.5% per year) and China (+1.1% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per ton, increasing by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2020 an increase of 21%. Over the period under review, the export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the other leaders experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports in Asia

In 2021, after three years of decline, there was significant growth in purchases abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes, when their volume increased by 47% to X tons. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves imports skyrocketed to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, 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

In 2021, Turkey (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), China (X tons), South Korea (X tons), Indonesia (X tons), Iran (X tons), Japan (X tons), Malaysia (X tons), Iraq (X tons), the Philippines (X tons) and Israel (X tons) represented the main importer of jams, marmalades, fruit jellies, fruit or nut purees and pastes in Asia, constituting 73% of total import. Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Turkey (with a CAGR of +42.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 32% of total imports.

Among the main importing countries, China, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, reducing by -3.5% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 7.1%. The level of import peaked at $X per ton in 2020, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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