Asia-Pacific: Vinegar-Preserved Vegetable Market 2025

Vinegar-Preserved Vegetable Market Size in Asia-Pacific

The Asia-Pacific vinegar-preserved vegetable market expanded modestly to $X in 2022, growing by 4.6% against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Vinegar-Preserved Vegetable Production in Asia-Pacific

In value terms, vinegar-preserved vegetable production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 16% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Vinegar-Preserved Vegetable Exports

Exports in Asia-Pacific

After two years of growth, overseas shipments of vegetables in vinegar other than potatoes decreased by -7.2% to X tons in 2022. Overall, exports showed a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of 9.8% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, vinegar-preserved vegetable exports contracted to $X in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 21%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined in the following year.

Exports by Country

India was the key exporting country with an export of about X tons, which reached 56% of total exports. China (X tons) ranks second in terms of the total exports with a 29% share, followed by Vietnam (6.5%). The following exporters - Sri Lanka (X tons) and Thailand (X tons) - each reached a 4.5% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +4.9%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest vinegar-preserved vegetable supplying countries in Asia-Pacific were India ($X), China ($X) and Vietnam ($X), together comprising 89% of total exports.

China, with a CAGR of +5.1%, 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 2022, picking up by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2014 an increase of 14%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the other leaders experienced more modest paces of growth.

Vinegar-Preserved Vegetable Imports

Imports in Asia-Pacific

In 2022, overseas purchases of vegetables in vinegar other than potatoes increased by 9.5% to X tons, rising for the third year in a row after three years of decline. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, vinegar-preserved vegetable imports surged to $X in 2022. The total import value increased at an average annual rate of +3.8% from 2012 to 2022; 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 three major importers of vegetables in vinegar other than potatoes, namely South Korea, Japan and Australia, represented more than two-thirds of total import. China (X tons) held the next position in the ranking, followed by New Zealand (X tons). All these countries together took near 14% share of total imports. Singapore (X tons) and Hong Kong SAR (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +19.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 70% of total imports. China, New Zealand, Singapore and Hong Kong SAR lagged somewhat behind, together comprising a further 21%.

China, with a CAGR of +17.2%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, rising by 5.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 6.5% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Hong Kong SAR ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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