Asia: Vegetable Market 2020

Vegetable Market Size in Asia

The revenue of the vegetable market in Asia amounted to $X in 2017, growing by X% against the previous year. The total market indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The level of vegetable consumption peaked in 2017, and is likely to continue its growth in the near future.

Vegetable Production in Asia

In 2017, approx. X tons of vegetables were produced in Asia; increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the vegetable production reached its peak figure volume in 2017, and is expected to retain its growth in the near future. The general positive trend in terms of vegetable output was largely conditioned by a notable increase of the harvested area and a mild expansion in yield figures.

China (X tons) constituted the country with the largest volume of vegetable production, accounting for X% of total production. Moreover, vegetable production in China exceeded the figures recorded by the world's second largest producer, India (X tons), fourfold. Turkey (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 2007-2017. In the other countries, the average annual rates were as follows: India (+X% per year) and Turkey (+X% per year).

In 2017, average yield of vegetables in Asia totaled X ton per ha, remaining relatively unchanged against the previous year. The yield figure increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when yield increased by X% y-o-y. The level of vegetable yield peaked in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of vegetables were harvested in Asia; surging by X% against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. The figure of vegetable harvested area peaked in 2017, and is expected to retain its growth in the immediate term.

Vegetable Exports in Asia

In 2017, the amount of vegetables exported in Asia totaled X tons, rising by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the vegetable exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, vegetable exports stood at $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2012 indices. Over the period under review, the vegetable exports reached its peak figure level in 2017, and are likely to continue its growth in the near future.

Vegetable Exports by Country in Asia

China was the major exporter of vegetables in Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2017. India (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Turkey (X%), Syrian Arab Republic (X%) and Iran (X%). Pakistan (X tons), Jordan (X tons), Israel (X tons), Saudi Arabia (X tons), Malaysia (X tons) and Vietnam (X tons) took the weak share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Vietnam (+X%), India (+X%), Saudi Arabia (+X%), Syrian Arab Republic (+X%), Pakistan (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. Turkey experienced a relatively flat trend pattern. By contrast, Jordan (-X%), Israel (-X%) and Iran (-X%) illustrated a downward trend over the same period. While the share of Iran (X%) and Israel (X%) increased significantly in terms of the global exports from 2007-2017, the share of Syrian Arab Republic (-X%), India (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vegetable supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Turkey (+X% per year).

Vegetable Export Prices by Country in Asia

In 2017, the vegetable export price in Asia amounted to $X per ton, dropping by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for vegetables reached its peak figure level of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Vegetable Imports in Asia

The imports stood at X tons in 2017, going up by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable imports increased by +X% against 2007 indices. The growth pace was the most rapid in 2010, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, vegetable imports stood at $X in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable imports increased by +X% against 2007 indices. Over the period under review, the vegetable imports attained its peak figure level in 2017, and are likely to see steady growth in the immediate term.

Vegetable Imports by Country in Asia

The United Arab Emirates (X tons) and Malaysia (X tons) represented roughly X% of total imports of vegetables in 2017. China, Hong Kong SAR (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%), Saudi Arabia (X%), Indonesia (X%) and Bangladesh (X%). Singapore (X tons), Kuwait (X tons), Thailand (X tons), Sri Lanka (X tons) and Qatar (X tons) held the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Japan ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Malaysia, Saudi Arabia, China, Hong Kong SAR, Singapore, Kuwait, Qatar, Thailand, Bangladesh and Sri Lanka, which together accounted for a further X%.

Among the main importing countries , Thailand (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in Asia

In 2017, the vegetable import price in Asia amounted to $X per ton, coming down by -X% against the previous year. The vegetable import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the import prices for vegetables attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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