Asia-Pacific: Vegetable Market 2025

Vegetable Market Size in Asia-Pacific

The Asia-Pacific vegetable market amounted to $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Vegetable Production in Asia-Pacific

In value terms, vegetable production expanded modestly to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X.8B. From 2017 to 2022, production growth remained at a lower figure.

China (X tons) remains the largest vegetable producing country in Asia-Pacific, accounting for X% of total volume. Moreover, vegetable production in China exceeded the figures recorded by the second-largest producer, India (X tons), fourfold. Vietnam (X tons) ranked third in terms of total production with a X% share.

In China, vegetable production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: India (X% per year) and Vietnam (X% per year).

The average vegetable yield stood at X tons per ha in 2022, approximately equating 2021. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the vegetable yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of vegetables were harvested in Asia-Pacific; waning by X% compared with 2021. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then declined in the following year.

Vegetable Exports

Exports in Asia-Pacific

Vegetable exports expanded significantly to X tons in 2022, picking up by X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, vegetable exports dropped modestly to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted modestly in the following year.

Exports by Country

China was the major exporter of vegetables in Asia-Pacific, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. India (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Pakistan (X%). The following exporters - Afghanistan (X tons), New Zealand (X tons), Malaysia (X tons) and Australia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to vegetable exports from China stood at X%. At the same time, Afghanistan (X%), Pakistan (X%) and India (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Australia and Malaysia experienced a relatively flat trend pattern. By contrast, New Zealand (X%) illustrated a downward trend over the same period. Pakistan (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand and China saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vegetable supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then declined in the following year.

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

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

Vegetable Imports

Imports in Asia-Pacific

In 2022, the amount of vegetables imported in Asia-Pacific rose notably to X tons, increasing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vegetable imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped slightly in the following year.

Imports by Country

Malaysia (X tons), Pakistan (X tons), Indonesia (X tons), Bangladesh (X tons), Hong Kong SAR (X tons), Thailand (X tons), Japan (X tons), Singapore (X tons), Nepal (X tons), Sri Lanka (X tons) and Afghanistan (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable importing markets in Asia-Pacific were Malaysia ($X), Hong Kong SAR ($X) and Indonesia ($X), together comprising X% of total imports. Japan, Singapore, Thailand, Bangladesh, Pakistan, Sri Lanka, Nepal and Afghanistan lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of 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, falling by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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