Eastern Asia: Quince Market 2025

Quince Market Size in Eastern Asia

The East Asian quince market expanded sharply to $X in 2022, with an increase of 5.3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Quince Production in Eastern Asia

In value terms, quince production expanded notably to $X in 2022 estimated in export price. Overall, production continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 160% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

China (X tons) constituted the country with the largest volume of quince production, accounting for 100% of total volume.

In China, quince production remained relatively stable over the period from 2012-2022.

The average quince yield contracted slightly to X tons per ha in 2022, flattening at 2021 figures. In general, the yield showed a mild shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 2.2% against the previous year. Over the period under review, the quince yield attained the peak level at X tons per ha in 2012; however, from 2013 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.

The quince harvested area reached X ha in 2022, remaining constant against 2021 figures. The harvested area increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the harvested area increased by 10% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Quince Exports

Exports in Eastern Asia

After two years of decline, overseas shipments of quinces increased by 49% to X tons in 2022. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by 2,352% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, quince exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by 857% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near 94% of total exports in 2022. It was distantly followed by South Korea (X tons), mixing up a 5.4% share of total exports.

China was also the fastest-growing in terms of the quinces exports, with a CAGR of -8.5% from 2012 to 2022. South Korea (-28.5%) illustrated a downward trend over the same period. While the share of China (+35 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-34.8 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest quince supplier in Eastern Asia, comprising 93% of total exports. The second position in the ranking was held by South Korea ($X), with a 6.8% share of total exports.

In China, quince exports decreased by an average annual rate of -5.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, jumping by 58% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quince export price increased by +186.7% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 85% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($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 South Korea (+7.0%).

Quince Imports

Imports in Eastern Asia

Quince imports soared to X tons in 2022, growing by 16% on 2021. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 425% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, quince imports amounted to $X in 2022. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 330% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the two major importers of quinces, namely China and Japan, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +10.1%).

In value terms, the largest quince importing markets in Eastern Asia were Japan ($X) and China ($X).

Among the main importing countries, Japan, with a CAGR of +9.5%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, reducing by -6.1% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 83%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($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 China (+6.9%).

Source: IndexBox Platform

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