Asia-Pacific: Mango And Mangosteen Market 2024

Mango And Mangosteen Market Size in Asia-Pacific

The Asia-Pacific mango and mangosteen market stood at $X in 2022, flattening at the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.5% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mango And Mangosteen Production in Asia-Pacific

In value terms, mango and mangosteen production reached $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.3% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of mango and mangosteen production was India (X tons), accounting for 61% of total volume. Moreover, mango and mangosteen production in India exceeded the figures recorded by the second-largest producer, China (X tons), sevenfold. The third position in this ranking was taken by Indonesia (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India totaled +4.4%. The remaining producing countries recorded the following average annual rates of production growth: China (+3.3% per year) and Indonesia (+2.6% per year).

In 2022, the average mango and mangosteen yield in Asia-Pacific contracted modestly to X tons per ha, approximately mirroring the previous year. The yield figure increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when the yield increased by 11% against the previous year. Over the period under review, the mango and mangosteen yield reached the peak level at X tons per ha in 2018; however, from 2019 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the mango and mangosteen harvested area in Asia-Pacific dropped slightly to X ha, approximately equating the previous year's figure. Over the period under review, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 7.2% against the previous year. Over the period under review, the harvested area dedicated to mango and mangosteen production reached the peak figure at X ha in 2021, and then shrank slightly in the following year.

Mango And Mangosteen Exports

Exports in Asia-Pacific

In 2022, after four years of growth, there was significant decline in shipments abroad of mangoes, mangosteens and guavas, when their volume decreased by -12.8% to X tons. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when exports increased by 28%. The volume of export peaked at X tons in 2021, and then dropped in the following year.

In value terms, mango and mangosteen exports dropped to $X in 2022. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 53% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, Thailand (X tons) represented the largest exporter of mangoes, mangosteens and guavas, comprising 41% of total exports. India (X tons) ranks second in terms of the total exports with a 21% share, followed by Pakistan (14%) and China (5.3%). The following exporters - Hong Kong SAR (X tons), Indonesia (X tons) and the Philippines (X tons) - together made up 11% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +27.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest mango and mangosteen supplier in Asia-Pacific, comprising 43% of total exports. The second position in the ranking was held by India ($X), with an 18% share of total exports. It was followed by Pakistan, with an 8.8% share.

In Thailand, mango and mangosteen exports expanded at an average annual rate of +15.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (+2.8% per year) and Pakistan (+9.3% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, remaining constant against the previous year. Export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mango and mangosteen export price decreased by -1.6% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 19%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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 Indonesia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.9%), while the other leaders experienced more modest paces of growth.

Mango And Mangosteen Imports

Imports in Asia-Pacific

In 2022, after two years of decline, there was significant growth in purchases abroad of mangoes, mangosteens and guavas, when their volume increased by 5.9% to X tons. In general, imports recorded measured growth. The most prominent rate of growth was recorded in 2019 when imports increased by 50%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mango and mangosteen imports declined to $X in 2022. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2019 when imports increased by 56%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China prevails in imports structure, resulting at X tons, which was near 60% of total imports in 2022. Hong Kong SAR (X tons) took a 9.1% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (6%) and South Korea (4.9%). Thailand (X tons), Malaysia (X tons), Nepal (X tons), Afghanistan (X tons), Brunei Darussalam (X tons), Vietnam (X tons) and Japan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mango and mangosteen imports into China stood at +8.5%. At the same time, Brunei Darussalam (+28.7%), South Korea (+23.0%), Thailand (+19.5%), Nepal (+15.8%), Afghanistan (+8.3%), Malaysia (+3.1%) and Singapore (+2.6%) displayed positive paces of growth. Moreover, Brunei Darussalam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +28.7% from 2012-2022. By contrast, Japan (-2.3%), Vietnam (-5.5%) and Hong Kong SAR (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, South Korea, Thailand, Brunei Darussalam and Nepal increased by +19, +3.9, +3.2, +1.7 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported mangoes, mangosteens and guavas in Asia-Pacific, comprising 64% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 10% share of total imports. It was followed by South Korea, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to +12.7%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+3.3% per year) and South Korea (+22.7% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, shrinking by -11.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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 South Korea ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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