Asia: Vegetable Puree Market 2025

Vegetable Puree Market Size in Asia

The Asian vegetable puree market stood at $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 -3.4% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Vegetable Puree Production in Asia

In value terms, vegetable puree production expanded notably to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 -5.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Vegetable Puree Exports

Exports in Asia

In 2022, exports of vegetable puree in Asia reduced notably to X tons, falling by -16.8% compared with the year before. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 27% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, vegetable puree exports shrank to $X in 2022. Over the period under review, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Jordan (X tons) represented the main exporter of vegetable puree, achieving 42% of total exports. It was distantly followed by Thailand (X tons), Saudi Arabia (X tons) and Malaysia (X tons), together making up a 27% share of total exports. The following exporters - Turkey (X tons), Syrian Arab Republic (X tons), Pakistan (X tons), Lebanon (X tons), Iran (X tons), the United Arab Emirates (X tons), India (X tons), Israel (X tons) and Armenia (X tons) - together made up 24% of total exports.

Exports from Jordan increased at an average annual rate of +33.7% from 2012 to 2022. At the same time, Armenia (+207.5%), Malaysia (+65.9%), Pakistan (+47.3%), Saudi Arabia (+19.6%), Iran (+11.2%), Syrian Arab Republic (+7.4%) and Israel (+1.2%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +207.5% from 2012-2022. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Turkey (-10.2%), Thailand (-13.5%), Lebanon (-22.4%) and India (-27.2%) illustrated a downward trend over the same period. While the share of Jordan (+41 p.p.), Saudi Arabia (+8 p.p.), Malaysia (+4.6 p.p.), Pakistan (+3 p.p.), Syrian Arab Republic (+2.5 p.p.), Iran (+2.1 p.p.) and Armenia (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (-2.6 p.p.), Lebanon (-16.3 p.p.), Thailand (-19.5 p.p.) and India (-25.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jordan ($X), Thailand ($X) and Malaysia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 71% of total exports. Saudi Arabia, Turkey, Israel, Lebanon, Iran, India, Pakistan, the United Arab Emirates, Syrian Arab Republic and Armenia lagged somewhat behind, together accounting for a further 18%.

Armenia, with a CAGR of +139.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 stood at $X per ton in 2022, surging by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Thailand ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+9.6%), while the other leaders experienced more modest paces of growth.

Vegetable Puree Imports

Imports in Asia

In 2022, imports of vegetable puree in Asia dropped dramatically to X tons, declining by -30% against 2021 figures. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, vegetable puree imports declined significantly to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value 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 2013 when imports increased by 86% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Kazakhstan (X tons) and Yemen (X tons) were the main importers of vegetable puree in 2022, recording approx. 19% and 17% of total imports, respectively. It was distantly followed by the United Arab Emirates (X tons), Malaysia (X tons), Kuwait (X tons), Cambodia (X tons) and Iraq (X tons), together making up a 32% share of total imports. The following importers - Hong Kong SAR (X tons), Indonesia (X tons), Cyprus (X tons), Oman (X tons), China (X tons) and Lebanon (X tons) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Cambodia (with a CAGR of +54.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Hong Kong SAR ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, with a combined 36% share of total imports. China, Yemen, the United Arab Emirates, Malaysia, Indonesia, Cyprus, Cambodia, Lebanon, Iraq and Oman lagged somewhat behind, together comprising a further 42%.

In terms of the main importing countries, Cambodia, with a CAGR of +52.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, reducing by -12.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 27% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Yemen ($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 (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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