Eastern Asia: Fruit Market 2024

Fruit Market Size in Eastern Asia

The East Asian fruit market amounted to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Fruit Production in Eastern Asia

In value terms, fruit production reached $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

China (X tons) constituted the country with the largest volume of fruit production, accounting for X% of total volume.

In China, fruit production expanded at an average annual rate of X% over the period from 2012-2022.

The average fruit yield contracted slightly to X tons per ha in 2022, approximately equating the year before. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2021, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit harvested area dropped to X ha in 2022, approximately equating 2021 figures. In general, the harvested area, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2022, the growth of the fruit harvested area remained at a lower figure.

Fruit Exports

Exports in Eastern Asia

In 2022, shipments abroad of fruits decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, fruit exports shrank sharply to $X in 2022. Total exports indicated a temperate 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, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X tons) represented the key exporter of fruits, mixing up X% of total exports. It was distantly followed by Hong Kong SAR (X tons), comprising a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of fruits. Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) remains the largest fruit supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, reducing 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 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%).

Fruit Imports

Imports in Eastern Asia

In 2022, imports of fruits in Eastern Asia shrank to X tons, waning by X% on 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, fruit imports contracted to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

China represented the largest importer of fruits in Eastern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. Japan (X tons) took the second position in the ranking, followed by Hong Kong SAR (X tons) and South Korea (X tons). All these countries together held approx. X% share of total imports.

China was also the fastest-growing in terms of the fruits imports, with a CAGR of X% from 2012 to 2022. Japan (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, China ($X) constitutes the largest market for imported fruits in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, fruit imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, flattening at the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price 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, fruit import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hong Kong SAR ($X per ton) and China ($X per ton), while Japan ($X per ton) and South Korea ($X per ton) were 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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