
South-Eastern Asia - Vegetable Products - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth-Eastern Asia: Vegetable Product Market 2025
Vegetable Product Market Size in South-Eastern Asia
In 2022, the Southeast Asian vegetable product market increased by 10% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a deep slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.
Vegetable Product Production in South-Eastern Asia
In value terms, vegetable product production expanded sharply to $X in 2022 estimated in export price. In general, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2014 when the production volume increased by 41%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.
Thailand (X tons) remains the largest vegetable product producing country in South-Eastern Asia, accounting for 46% of total volume. Moreover, vegetable product production in Thailand exceeded the figures recorded by the second-largest producer, Indonesia (X tons), twofold. The Philippines (X tons) ranked third in terms of total production with a 16% share.
From 2012 to 2022, the average annual growth rate of volume in Thailand amounted to -3.3%. In the other countries, the average annual rates were as follows: Indonesia (+0.7% per year) and the Philippines (-0.4% per year).
The average vegetable product yield dropped slightly to X tons per ha in 2022, waning by -3.2% against 2021 figures. Over the period under review, the yield showed a pronounced decrease. The growth pace was the most rapid in 2018 with an increase of 7.6% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the vegetable product yield remained at a somewhat lower figure. 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 vegetable products were harvested in South-Eastern Asia; growing by 4.5% compared with the year before. The harvested area increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 13% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the vegetable product harvested area failed to regain momentum.
Vegetable Product Exports
Exports in South-Eastern Asia
In 2022, overseas shipments of vegetable products decreased by -12.3% to X tons, falling for the second year in a row after six years of growth. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by 61%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, vegetable product exports shrank to $X in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 47%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
The biggest shipments were from Vietnam (X tons), Myanmar (X tons) and Malaysia (X tons), together amounting to 79% of total export. Indonesia (X tons) took the next position in the ranking, followed by Thailand (X tons). All these countries together held near 19% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +60.0%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Myanmar ($X), Vietnam ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 80% of total exports.
In terms of the main exporting countries, Myanmar, with a CAGR of +51.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by 8.9% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2014 when the export price increased by 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($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 Indonesia (+14.1%), while the other leaders experienced a decline in the export price figures.
Vegetable Product Imports
Imports in South-Eastern Asia
In 2022, overseas purchases of vegetable products increased by 9.3% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, vegetable product imports expanded notably to $X in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 120%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Vietnam (X tons) and Singapore (X tons) represented the main importers of vegetable products in South-Eastern Asia, together mixing up 75% of total imports. Thailand (X tons) held the next position in the ranking, distantly followed by Malaysia (X tons). All these countries together held near 19% share of total imports. Cambodia (X tons) and Indonesia (X tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +36.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($X) constitutes the largest market for imported vegetable products in South-Eastern Asia, comprising 56% of total imports. The second position in the ranking was held by Malaysia ($X), with a 14% share of total imports. It was followed by Thailand, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam amounted to +15.2%. In the other countries, the average annual rates were as follows: Malaysia (+39.9% per year) and Thailand (-1.5% per year).
Import Prices by Country
The import price in South-Eastern Asia stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, saw noticeable growth. The growth pace was the most rapid in 2019 when the import price increased by 47%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Singapore ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.0%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vegetable product market in South-Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 156 - Sugar cane
- FCL 161 - Sugar crops nes
- FCL 459 - Chicory roots
- FCL 460 - Vegetable products, fresh or dry nes
- FCL 461 - Carobs
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in South-Eastern Asia, split by region and country
- Trade (exports and imports) in South-Eastern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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