Asia-Pacific: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Asia-Pacific

The Asia-Pacific homogenised jam and marmalade market contracted slightly to $X in 2022, dropping by -4% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Asia-Pacific

In value terms, homogenised jam and marmalade production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 20%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded growth in overseas shipments of homogenised preparations of jams, fruit jellies and marmalades, which increased by 12% to X tons in 2022. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, homogenised jam and marmalade exports amounted to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Thailand dominates exports structure, reaching X tons, which was near 81% of total exports in 2022. New Zealand (X tons), Australia (X tons), Hong Kong SAR (X tons), China (X tons) and India (X tons) followed a long way behind the leaders.

Exports from Thailand increased at an average annual rate of +7.8% from 2012 to 2022. At the same time, Hong Kong SAR (+34.7%), New Zealand (+24.6%) and India (+14.2%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +34.7% from 2012-2022. By contrast, China (-11.1%) and Australia (-11.8%) illustrated a downward trend over the same period. While the share of Thailand (+23 p.p.), New Zealand (+3.4 p.p.) and Hong Kong SAR (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (-9.1 p.p.) and Australia (-13.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest homogenised jam and marmalade supplier in Asia-Pacific, comprising 66% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 8.2% share of total exports. It was followed by Hong Kong SAR, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to +6.3%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+23.3% per year) and Hong Kong SAR (+37.7% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, with a decrease of -4.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the export price increased by 23%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the other leaders experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports in Asia-Pacific

Homogenised jam and marmalade imports reduced to X tons in 2022, waning by -12.5% against 2021 figures. Overall, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2016 when imports increased by 44% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, homogenised jam and marmalade imports contracted remarkably to $X in 2022. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 52% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) and Taiwan (Chinese) (X tons) represented the largest importers of homogenised preparations of jams, fruit jellies and marmalades in Asia-Pacific, together constituting 54% of total imports. Hong Kong SAR (X tons) ranks next in terms of the total imports with a 12% share, followed by Malaysia (8.9%) and Australia (6.8%). The following importers - French Polynesia (X tons) and Cambodia (X tons) - each finished at a 5.2% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +41.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported homogenised preparations of jams, fruit jellies and marmalades in Asia-Pacific, comprising 49% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with an 8.4% share.

In China, homogenised jam and marmalade imports expanded at an average annual rate of +49.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (+16.4% per year) and Taiwan (Chinese) (+2.2% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, falling by -6.5% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade import price decreased by -20.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 53% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 China ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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