Asia-Pacific: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in Asia-Pacific

In 2021, after nine years of growth, there was significant decline in the Asia-Pacific nuts (prepared or preserved) market, when its value decreased by -5.9% to $X. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +66.8% against 2012 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Nuts (Prepared Or Preserved) in Asia-Pacific

In value terms, nuts (prepared or preserved) production shrank to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +67.1% against 2012 indices. The growth pace was the most rapid in 2020 when the production volume increased by 15%. As a result, production reached the peak level of $X, and then declined in the following year.

Exports of Nuts (Prepared Or Preserved)

Exports in Asia-Pacific

In 2021, shipments abroad of nuts (prepared or preserved) increased by 8% to X tons, rising for the second consecutive year after two years of decline. Overall, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 34%. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, nuts (prepared or preserved) exports surged to $X in 2021. In general, exports showed a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

China (X tons) and Vietnam (X tons) dominates exports structure, together committing 70% of total exports. It was distantly followed by India (X tons), making up a 7.4% share of total exports. Thailand (X tons), Sri Lanka (X tons), Hong Kong SAR (X tons), Myanmar (X tons), Malaysia (X tons), the Philippines (X tons) and Japan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Myanmar (with a CAGR of +49.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nuts (prepared or preserved) supplying countries in Asia-Pacific were Vietnam ($X), China ($X) and Thailand ($X), with a combined 76% share of total exports. India, Hong Kong SAR, Malaysia, Japan, Sri Lanka, the Philippines and Myanmar lagged somewhat behind, together accounting for a further 17%.

Myanmar, with a CAGR of +51.4%, recorded the highest rates of growth with regard to the value of exports, among 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

The export price in Asia-Pacific stood at $X per ton in 2021, rising by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2018 an increase of 12%. The level of export peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while Myanmar ($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 (+4.6%), while the other leaders experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports in Asia-Pacific

In 2021, supplies from abroad of nuts (prepared or preserved) increased by 16% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +16.6% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 34% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, nuts (prepared or preserved) imports surged to $X in 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of nuts (prepared or preserved), namely China, South Korea and Japan, represented more than half of total import. It was distantly followed by Australia (X tons), achieving a 6.1% share of total imports. Hong Kong SAR (X tons), Thailand (X tons), Taiwan (Chinese) (X tons), Malaysia (X tons), Singapore (X tons), Vietnam (X tons), Indonesia (X tons) and India (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +37.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported nuts (prepared or preserved) in Asia-Pacific, comprising 36% of total imports. The second position in the ranking was taken by Japan ($X), with an 18% share of total imports. It was followed by South Korea, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +37.6%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+3.3% per year) and South Korea (+10.1% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, growing by 8.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the import price increased by 20%. Over the period under review, import prices attained the peak figure in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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