Asia: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Asia

The Asian market for non-citrus fruits not elsewhere classified amounted to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Citrus Fruits Not Elsewhere Classified in Asia

In value terms, non-citrus fruits not elsewhere classified production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 24%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports in Asia

In 2022, the amount of non-citrus fruits not elsewhere classified exported in Asia fell to X tons, which is down by -12.7% on 2021 figures. The total export volume increased at an average annual rate of +3.1% 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 2017 when exports increased by 29%. Over the period under review, the exports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, non-citrus fruits not elsewhere classified exports fell remarkably to $X in 2022. In general, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $X, and then dropped dramatically in the following year.

Exports by Country

In 2022, Thailand (X tons) was the major exporter of non-citrus fruits not elsewhere classified, generating 45% of total exports. Vietnam (X tons) ranks second in terms of the total exports with a 29% share, followed by Hong Kong SAR (6.2%) and Turkey (4.7%). China (X tons), India (X tons) and Yemen (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +10.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest non-citrus fruits not elsewhere classified supplier in Asia, comprising 62% of total exports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total exports. It was followed by Hong Kong SAR, with an 8.8% share.

In Thailand, non-citrus fruits not elsewhere classified exports increased at an average annual rate of +21.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+8.5% per year) and Hong Kong SAR (+6.9% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, waning by -5.9% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when the export price increased by 29% against the previous year. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Yemen ($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 (+18.5%), while the other leaders experienced more modest paces of growth.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports in Asia

In 2022, imports of non-citrus fruits not elsewhere classified in Asia contracted significantly to X tons, declining by -16.7% on 2021. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 18% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell remarkably in the following year.

In value terms, non-citrus fruits not elsewhere classified imports reduced to $X in 2022. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

China prevails in imports structure, resulting at X tons, which was approx. 65% of total imports in 2022. Hong Kong SAR (X tons) ranks second in terms of the total imports with an 8.2% share, followed by Saudi Arabia (7.9%). The following importers - Vietnam (X tons), Indonesia (X tons), Singapore (X tons) and Bangladesh (X tons) - each reached a 7.4% share of total imports.

Imports into China increased at an average annual rate of +5.5% from 2012 to 2022. At the same time, Saudi Arabia (+13.3%) and Bangladesh (+12.8%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing importer imported in Asia, with a CAGR of +13.3% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, Vietnam (-3.3%), Hong Kong SAR (-8.2%) and Indonesia (-9.2%) illustrated a downward trend over the same period. While the share of China (+17 p.p.) and Saudi Arabia (+5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Vietnam (-1.7 p.p.), Indonesia (-4.5 p.p.) and Hong Kong SAR (-16.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-citrus fruits not elsewhere classified in Asia, comprising 78% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.7% share of total imports. It was followed by Saudi Arabia, with a 2.3% share.

In China, non-citrus fruits not elsewhere classified imports increased at an average annual rate of +16.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (+7.3% per year) and Saudi Arabia (+10.9% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, increasing by 2.9% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth was the most pronounced in 2021 when the import price increased by 26%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Bangladesh ($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 (+17.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform