Asia-Pacific: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Asia-Pacific

The Asia-Pacific fruit or nut preserves market shrank to $X in 2021, almost unchanged from the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Asia-Pacific

In value terms, fruit or nut preserves production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 17%. Over the period under review, production attained the maximum level at $X in 2020, and then reduced slightly in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports in Asia-Pacific

In 2021, overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes were finally on the rise to reach 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 +4.2% 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 reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.8% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India was the major exporting country with an export of around X tons, which reached 58% of total exports. It was distantly followed by China (X tons) and the Philippines (X tons), together creating a 22% share of total exports. New Zealand (X tons), Taiwan (Chinese) (X tons), Vietnam (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +9.1% from 2012 to 2021. At the same time, Vietnam (+31.1%), Taiwan (Chinese) (+6.2%), New Zealand (+2.0%) and Malaysia (+1.4%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +31.1% from 2012-2021. The Philippines experienced a relatively flat trend pattern. By contrast, China (-4.6%) illustrated a downward trend over the same period. While the share of India (+20 p.p.) and Vietnam (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Philippines (-2.5 p.p.) and China (-20.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), China ($X) and New Zealand ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 69% of total exports. These countries were followed by the Philippines, Malaysia, Taiwan (Chinese) and Vietnam, which together accounted for a further 18%.

Vietnam, with a CAGR of +34.1%, recorded the highest rates of growth with regard to 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, picking up by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2020 when the export price increased by 17%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+6.7%), while the other leaders experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports in Asia-Pacific

In 2021, overseas purchases of jams, marmalades, fruit jellies, fruit or nut purees and pastes were finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +6.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 17%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, fruit or nut preserves imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons), Australia (X tons), South Korea (X tons), Indonesia (X tons), Japan (X tons), Malaysia (X tons) and the Philippines (X tons) was the largest importer of jams, marmalades, fruit jellies, fruit or nut purees and pastes in Asia-Pacific, committing 74% of total import. Hong Kong SAR (X tons), New Zealand (X tons), Taiwan (Chinese) (X tons) and Singapore (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +16.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves importing markets in Asia-Pacific were China ($X), Australia ($X) and South Korea ($X), with a combined 47% share of total imports.

Among the main importing countries, China, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, rising by 9.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top importers, 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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