South-Eastern Asia: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in South-Eastern Asia

The Southeast Asian fruit or nut preserves market expanded rapidly to $X in 2021, picking up by 5.4% against the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in South-Eastern Asia

In value terms, fruit or nut preserves production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 23% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports in South-Eastern Asia

In 2021, overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 16% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 44% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, fruit or nut preserves exports surged to $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +28.6% against 2016 indices. The growth pace was the most rapid in 2013 when exports increased by 44% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

In 2021, the Philippines (X tons), distantly followed by Vietnam (X tons), Malaysia (X tons), Thailand (X tons) and Indonesia (X tons) represented the key exporters of jams, marmalades, fruit jellies, fruit or nut purees and pastes, together generating 98% of total exports. Singapore (X tons) took a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Vietnam (with a CAGR of +31.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves supplying countries in South-Eastern Asia were the Philippines ($X), Malaysia ($X) and Vietnam ($X), with a combined 68% share of total exports.

Vietnam, with a CAGR of +34.1%, saw 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

In 2021, the export price in South-Eastern Asia amounted to $X per ton, growing by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.7%. The pace of growth appeared the most rapid in 2013 when the export price increased by 19% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+12.3%), while the other leaders experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports in South-Eastern Asia

In 2021, imports of jams, marmalades, fruit jellies, fruit or nut purees and pastes in South-Eastern Asia rose rapidly to X tons, growing by 15% against 2020. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.7% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, fruit or nut preserves imports surged to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 21% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Indonesia (X tons), Malaysia (X tons) and the Philippines (X tons) represented roughly 73% of total imports in 2021. It was distantly followed by Singapore (X tons), comprising a 9.3% share of total imports. The following importers - Thailand (X tons), Vietnam (X tons) and Cambodia (X tons) - each amounted to a 12% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of +23.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves importing markets in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and Singapore ($X), together comprising 66% of total imports. These countries were followed by the Philippines, Thailand, Vietnam and Cambodia, which together accounted for a further 28%.

Cambodia, with a CAGR of +26.1%, recorded 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 2021, the import price in South-Eastern Asia amounted to $X per ton, surging by 4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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