Global Quince Market 2024

Quince Market Size

The global quince market totaled $X in 2022, approximately mirroring the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the global market remained at a lower figure.

Quince Production

In value terms, quince production amounted to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 20%. As a result, production reached the peak level of $X. From 2019 to 2022, global production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Turkey (X tons), China (X tons) and Uzbekistan (X tons), with a combined 53% share of global production. Iran, Morocco, Azerbaijan, Argentina and the Netherlands lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of +5.7%), while production for the other global leaders experienced more modest paces of growth.

The global average quince yield contracted slightly to X tons per ha in 2022, standing approx. at the previous year. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 8.6%. The global yield peaked at X tons per ha in 2021, and then declined slightly 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.

In 2022, approx. X ha of quinces were harvested worldwide; stabilizing at 2021. The harvested area increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the harvested area increased by 8.9% against the previous year. Over the period under review, the harvested area dedicated to quince production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Quince Exports

Exports

After two years of growth, shipments abroad of quinces decreased by -7.6% to X tons in 2022. The total export volume increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 26% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, quince exports dropped to $X in 2022. The total export value increased at an average annual rate of +4.2% over the period 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 2013 when exports increased by 49% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Turkey (X tons) was the key exporter of quinces, achieving 48% of total exports. The Netherlands (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Greece (8.2%), Austria (8.1%) and Spain (6.1%). The following exporters - Azerbaijan (X tons) and Serbia (X tons) - together made up 6.5% of total exports.

From 2012 to 2022, average annual rates of growth with regard to quince exports from Turkey stood at +6.4%. At the same time, Austria (+99.9%), Azerbaijan (+27.2%), Serbia (+21.8%) and Greece (+7.0%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the world, with a CAGR of +99.9% from 2012-2022. By contrast, Spain (-2.6%) and the Netherlands (-2.8%) illustrated a downward trend over the same period. While the share of Austria (+8 p.p.), Turkey (+7.5 p.p.), Azerbaijan (+3.5 p.p.), Serbia (+1.9 p.p.) and Greece (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Spain (-6.4 p.p.) and the Netherlands (-11.4 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest quince supplier worldwide, comprising 41% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 15% share of global exports. It was followed by Austria, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at +5.1%. In the other countries, the average annual rates were as follows: the Netherlands (-2.5% per year) and Austria (+92.7% per year).

Export Prices by Country

In 2022, the average quince export price amounted to $X per ton, which is down by -5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 20%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.1%), while the other global leaders experienced more modest paces of growth.

Quince Imports

Imports

In 2022, purchases abroad of quinces decreased by -5.5% to X tons, falling for the second year in a row after five years of growth. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of global imports failed to regain momentum.

In value terms, quince imports shrank to $X in 2022. Overall, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 44%. Over the period under review, global imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Russia (X tons), distantly followed by Austria (X tons), Romania (X tons), Germany (X tons) and the United States (X tons) were the main importers of quinces, together mixing up 52% of total imports. The following importers - Iraq (X tons), Spain (X tons), Georgia (X tons), Portugal (X tons), the Netherlands (X tons), Bosnia and Herzegovina (X tons), Albania (X tons) and Israel (X tons) - together made up 24% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +70.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest quince importing markets worldwide were Russia ($X), Austria ($X) and Germany ($X), with a combined 44% share of global imports. Romania, the United States, the Netherlands, Spain, Israel, Portugal, Iraq, Albania, Bosnia and Herzegovina and Georgia lagged somewhat behind, together accounting for a further 29%.

Spain, with a CAGR of +69.5%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average quince import price amounted to $X per ton, declining by -9.3% against the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 16%. Global import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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