Asia-Pacific: Dried Grapes Market 2024

Dried Grapes Market Size in Asia-Pacific

The Asia-Pacific dried grapes market reduced to $X in 2022, with a decrease of -6.1% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Dried Grapes Production in Asia-Pacific

In value terms, dried grapes production rose slightly to $X in 2022 estimated in export price. Over the period under review, production showed a slight descent. The pace of growth appeared the most rapid in 2020 with an increase of 10%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Dried Grapes Exports

Exports in Asia-Pacific

In 2022, approx. X tons of dried grapes were exported in Asia-Pacific; approximately equating 2021 figures. The total export volume increased at an average annual rate of +3.0% over the period 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 2018 with an increase of 34% 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, dried grapes exports fell to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 40%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Afghanistan was the key exporting country with an export of around X tons, which amounted to 58% of total exports. It was distantly followed by India (X tons) and China (X tons), together comprising a 37% share of total exports. Australia (X tons) followed a long way behind the leaders.

Afghanistan was also the fastest-growing in terms of the dried grapes exports, with a CAGR of +13.0% from 2012 to 2022. At the same time, Australia (+10.1%) displayed positive paces of growth. By contrast, India (-2.0%) and China (-5.6%) illustrated a downward trend over the same period. While the share of Afghanistan (+35 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (-14.9 p.p.) and China (-20.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) remains the largest dried grapes supplier in Asia-Pacific, comprising 60% of total exports. The second position in the ranking was taken by China ($X), with a 15% share of total exports. It was followed by India, with a 13% share.

In Afghanistan, dried grapes exports expanded at an average annual rate of +16.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (-6.8% per year) and India (-4.7% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, waning by -7.8% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 9.8%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+3.3%), while the other leaders experienced a decline in the export price figures.

Dried Grapes Imports

Imports in Asia-Pacific

In 2022, dried grapes imports in Asia-Pacific contracted to X tons, waning by -2.7% compared with the year before. The total import volume increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 11% against the previous year. The volume of import peaked at X tons in 2021, and then contracted modestly in the following year.

In value terms, dried grapes imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 19%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of dried grapes imports in 2022 were Japan (X tons), India (X tons), China (X tons) and Australia (X tons), together accounting for 60% of total import. Pakistan (X tons) took a 6.4% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (5%). The Philippines (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), Malaysia (X tons), New Zealand (X tons) and Indonesia (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +56.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) were the countries with the highest levels of imports in 2022, with a combined 57% share of total imports. Australia, the Philippines, Taiwan (Chinese), Malaysia, New Zealand, Vietnam, Thailand, Pakistan, Indonesia and Bangladesh lagged somewhat behind, together accounting for a further 36%.

Pakistan, with a CAGR of +48.5%, recorded 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

The import price in Asia-Pacific stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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