Asia: Fruit Market 2024

Fruit Market Size in Asia

The Asian fruit market reached $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Fruit Production in Asia

In value terms, fruit production amounted to $X in 2022 estimated in export price. The total output 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. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

China (X tons) constituted the country with the largest volume of fruit production, comprising approx. X% of total volume. Moreover, fruit production in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. Indonesia (X tons) ranked third in terms of total production with a X% share.

In China, fruit production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: India (X% per year) and Indonesia (X% per year).

In 2022, the average yield of fruits in Asia shrank modestly to X tons per ha, approximately mirroring the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of yield peaked at X tons per ha in 2021, and then fell modestly 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, the harvested area of fruits in Asia shrank slightly to X ha, flattening at the year before. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to fruit production attained the peak figure at X ha in 2021, and then fell slightly in the following year.

Fruit Exports

Exports in Asia

In 2022, approx. X tons of fruits were exported in Asia; reducing by X% against 2021. The total export volume 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 pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, fruit exports contracted to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Turkey (X tons) and China (X tons) were the largest exporters of fruits in Asia, together achieving X% of total exports. Iran (X tons) held the next position in the ranking, followed by Thailand (X tons), the Philippines (X tons), Vietnam (X tons) and India (X tons). All these countries together took near X% share of total exports. The United Arab Emirates (X tons), Pakistan (X tons), Uzbekistan (X tons), Hong Kong SAR (X tons), Lebanon (X tons) and Cambodia (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uzbekistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fruit supplying countries in Asia were Thailand ($X), China ($X) and Turkey ($X), together comprising X% of total exports. Vietnam, the Philippines, Hong Kong SAR, India, the United Arab Emirates, Iran, Uzbekistan, Pakistan, Cambodia and Lebanon lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to 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 Asia amounted to $X per ton, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then reduced in the following year.

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

Fruit Imports

Imports in Asia

In 2022, the amount of fruits imported in Asia shrank to X tons, waning by X% compared with the previous year. The total import volume 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 most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, fruit imports shrank to $X in 2022. Total imports indicated a strong increase 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, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by Iraq (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Japan (X tons), Hong Kong SAR (X tons) and India (X tons) were the largest importers of fruits, together mixing up X% of total imports. The following importers - Indonesia (X tons), Bangladesh (X tons), Vietnam (X tons), South Korea (X tons), Malaysia (X tons) and Thailand (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Iraq (X%), Bangladesh (X%), India (X%), the United Arab Emirates (X%), Malaysia (X%), Saudi Arabia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Vietnam and Indonesia experienced a relatively flat trend pattern. By contrast, Japan (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Iraq (X p.p.), India (X p.p.) and Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Korea (X p.p.), Japan (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported fruits in Asia, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, almost unchanged from 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 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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