Asia-Pacific: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Asia-Pacific

The Asia-Pacific market for jams, jellies, puree and pastes stood at $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in years to come.

Production of Jams, Jellies, Puree And Pastes in Asia-Pacific

In value terms, jam, jelly, puree and paste production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 19%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Jams, Jellies, Puree And Pastes

Exports in Asia-Pacific

In 2021, overseas shipments of jams, jellies, puree and pastes increased by 18% to X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern 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, jam, jelly, puree and paste exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, India (X tons) represented the main exporter of jams, jellies, puree and pastes, making up 57% of total exports. China (X tons) ranks second in terms of the total exports with a 15% share, followed by New Zealand (6.3%). The following exporters - the Philippines (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons), Thailand (X tons), Malaysia (X tons), Australia (X tons) and Indonesia (X tons) - together made up 19% of total exports.

Exports from India increased at an average annual rate of +9.1% from 2012 to 2021. At the same time, Vietnam (+31.0%), Indonesia (+15.1%), Thailand (+7.7%), Australia (+6.6%), New Zealand (+6.0%), Taiwan (Chinese) (+5.7%) and Malaysia (+1.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +31.0% from 2012-2021. The Philippines experienced a relatively flat trend pattern. By contrast, China (-6.1%) illustrated a downward trend over the same period. While the share of India (+20 p.p.) and Vietnam (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Philippines (-2.4 p.p.) and China (-22.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest jam, jelly, puree and paste supplying countries in Asia-Pacific were India ($X), China ($X) and New Zealand ($X), together accounting for 67% of total exports. These countries were followed by Taiwan (Chinese), the Philippines, Malaysia, Vietnam, Indonesia, Thailand and Australia, which together accounted for a further 26%.

Vietnam, with a CAGR of +34.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, rising by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. Over the period under review, the export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Indonesia ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+12.2%), while the other leaders experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports in Asia-Pacific

In 2021, jam, jelly, puree and paste imports in Asia-Pacific skyrocketed to X tons, rising by 18% on 2020 figures. The total import volume increased at an average annual rate of +5.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, jam, jelly, puree and paste imports surged to $X in 2021. The total import value increased at an average annual rate of +5.9% from 2012 to 2021; however, the trend pattern 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

The purchases of the seven major importers of jams, jellies, puree and pastes, namely China, Australia, Japan, South Korea, Indonesia, Malaysia and the Philippines, represented more than two-thirds of total import. Hong Kong SAR (X tons), New Zealand (X tons), Singapore (X tons), Taiwan (Chinese) (X tons) and Vietnam (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 key importing countries, was attained by China (with a CAGR of +16.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jam, jelly, puree and paste importing markets in Asia-Pacific were China ($X), Australia ($X) and South Korea ($X), with a combined 45% share of total imports.

China, with a CAGR of +17.9%, saw the highest rates of growth with regard to 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 2021, picking up by 9.3% against the previous year. In general, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the Philippines ($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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