South-Eastern Asia: Citrus Fruit Market 2024

Citrus Fruit Market Size in South-Eastern Asia

The Southeast Asian citrus fruit market expanded slightly to $X in 2022, rising by X% against the previous year. The market value 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. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the near future.

Citrus Fruit Production in South-Eastern Asia

In value terms, citrus fruit production rose slightly to $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 most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Indonesia (X tons), Vietnam (X tons) and Thailand (X tons), together comprising X% of total production.

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

In 2022, the average yield of citrus fruits in South-Eastern Asia reduced modestly to X tons per ha, declining by X% against 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the citrus fruit yield attained the peak level 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.

In 2022, the total area harvested in terms of citrus fruits production in South-Eastern Asia shrank modestly to X ha, approximately mirroring the year before. The harvested area 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 most prominent rate of growth was recorded in 2018 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to citrus fruit production reached the maximum at X ha in 2021, and then shrank slightly in the following year.

Citrus Fruit Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of citrus fruits were exported in South-Eastern Asia; increasing by X% compared with the previous year's figure. In general, exports showed a strong increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, citrus fruit exports skyrocketed to $X in 2022. Overall, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X tons) and Thailand (X tons) represented the major exporters of citrus fruits in South-Eastern Asia, together reaching approx. X% of total exports. It was distantly followed by Malaysia (X tons) and Singapore (X tons), together achieving a X% share of total exports. The following exporters - Lao People's Democratic Republic (X tons) and Myanmar (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest citrus fruit supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total exports. Malaysia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together comprising a further X%.

Lao People's Democratic Republic, with a CAGR of X%, recorded 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 South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Citrus Fruit Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of citrus fruits increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, citrus fruit imports skyrocketed to $X in 2022. The total import 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Vietnam (X tons) and Malaysia (X tons) represented the largest importers of citrus fruits in South-Eastern Asia, together constituting X% of total imports. It was distantly followed by Indonesia (X tons), the Philippines (X tons), Thailand (X tons) and Singapore (X tons), together comprising a X% share of total imports.

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

In value terms, the largest citrus fruit importing markets in South-Eastern Asia were Vietnam ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing 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 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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