Eastern Asia: Market for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes 2024

Market Size for Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Eastern Asia

The East Asian market for citrus fruit jams, marmalades, jellies, purees or pastes contracted modestly to $X in 2022, reducing by -2.5% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.8% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes in Eastern Asia

In value terms, citrus fruit jams and marmalades production shrank to $X in 2022 estimated in export price. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2016 when the production volume increased by 42%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Exports in Eastern Asia

In 2022, shipments abroad of citrus fruit jams, marmalades, jellies, purees or pastes increased by 17% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 42%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, citrus fruit jams and marmalades exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 65% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Taiwan (Chinese) (X tons) was the key exporter of citrus fruit jams, marmalades, jellies, purees or pastes, creating 80% of total exports. It was distantly followed by China (X tons), making up a 10% share of total exports. Japan (X tons), South Korea (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

Exports from Taiwan (Chinese) increased at an average annual rate of +1.4% from 2012 to 2022. At the same time, Japan (+6.6%) and South Korea (+2.2%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +6.6% from 2012-2022. By contrast, Hong Kong SAR (-12.9%) and China (-18.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese), Japan and South Korea increased by +37, +2.7 and +1.9 percentage points, respectively.

In value terms, Taiwan (Chinese) ($X) remains the largest citrus fruit jams and marmalades supplier in Eastern Asia, comprising 82% of total exports. The second position in the ranking was held by China ($X), with a 6.4% share of total exports. It was followed by Japan, with a 5.6% share.

In Taiwan (Chinese), citrus fruit jams and marmalades exports expanded at an average annual rate of +8.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (-11.4% per year) and Japan (+4.8% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, picking up by 7.6% against the previous year. In general, the export price recorded a strong increase. The pace of growth was the most pronounced in 2017 when the export price increased by 30% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the other leaders experienced more modest paces of growth.

Imports of Citrus Fruit Jams, Marmalades, Jellies, Purees or Pastes

Imports in Eastern Asia

In 2022, the amount of citrus fruit jams, marmalades, jellies, purees or pastes imported in Eastern Asia shrank to X tons, with a decrease of -8.3% on 2021. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, citrus fruit jams and marmalades imports shrank to $X in 2022. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Japan was the largest importing country with an import of about X tons, which recorded 58% of total imports. China (X tons) held the second position in the ranking, followed by Hong Kong SAR (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons). All these countries together held approx. 41% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to citrus fruit jams and marmalades imports into Japan stood at -6.7%. At the same time, China (+15.0%), Taiwan (Chinese) (+8.4%) and South Korea (+2.0%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +15.0% from 2012-2022. By contrast, Hong Kong SAR (-11.8%) illustrated a downward trend over the same period. While the share of China (+12 p.p.), Taiwan (Chinese) (+7.5 p.p.) and South Korea (+3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (-10.9 p.p.) and Hong Kong SAR (-11.6 p.p.) displayed negative dynamics.

In value terms, Japan ($X) constitutes the largest market for imported citrus fruit jams, marmalades, jellies, purees or pastes in Eastern Asia, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by Hong Kong SAR, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Japan amounted to -7.6%. In the other countries, the average annual rates were as follows: China (+17.9% per year) and Hong Kong SAR (-6.4% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, waning by -7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the import price increased by 13%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Taiwan (Chinese) ($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 (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :