Southern Asia: Vegetable Market 2020

Vegetable Market Size in Southern Asia

The revenue of the vegetable market in Southern Asia amounted to $X in 2017, going up by X% against the previous year. The total market indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable consumption decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2013, when market value increased by X% against the previous year. Over the period under review, the vegetable market reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Vegetable Production in Southern Asia

The vegetable production stood at X tons in 2017, going up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the vegetable production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term. The general positive trend in terms of vegetable output was largely conditioned by a prominent increase of the harvested area and a slight expansion in yield figures.

The country with the largest volume of vegetable production was India (X tons), comprising approx. X% of total production. Moreover, vegetable production in India exceeded the figures recorded by the world's second largest producer, Bangladesh (X tons), more than tenfold. The third position in this ranking was occupied by Pakistan (X tons), with a X% share.

From 2007 to 2017, the average annual growth rate of volume in India amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Pakistan (+X% per year).

In 2017, average yield of vegetables in Southern Asia amounted to X ton per ha, jumping by X% against the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the vegetable yield reached its peak figure level in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable harvested area totaled X ha in 2017, rising by X% against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013, when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to vegetable production attained its peak figure in 2017, and is likely to see steady growth in the near future.

Vegetable Exports in Southern Asia

In 2017, the amount of vegetables exported in Southern Asia amounted to X tons, therefore, remained relatively stable against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, vegetable exports amounted to $X in 2017. The total exports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable exports decreased by -X% against 2013 indices. In that year, the vegetable exports attained their peak level of $X. From 2014 to 2017, growth of the vegetable exports stood at a somewhat lower level.

Vegetable Exports by Country in Southern Asia

India was the major exporter of vegetables in Southern Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Pakistan (X tons), generating X% share of total exports. Afghanistan (X tons) and Bangladesh (X tons) held the mild share of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Afghanistan (+X%), Bangladesh (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Pakistan, Afghanistan and India decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest vegetable supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global exports. It was followed by Bangladesh, with a X% share.

In India, vegetable exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (-X% per year).

Vegetable Export Prices by Country in Southern Asia

The vegetable export price in Southern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The vegetable export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when the export prices increased by X% year-to-year. In that year, the export prices for vegetables reached their peak level of $X per ton. From 2011 to 2017, growth of the export prices for vegetables stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Bangladesh ($X per ton) and India ($X per ton), while Pakistan ($X per ton) and Afghanistan ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (+X% per year), while the other leaders experienced a decline in the export price figures.

Vegetable Imports in Southern Asia

In 2017, the amount of vegetables imported in Southern Asia stood at X tons, picking up by X% against the previous year. The vegetable imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2017, with an increase of X% y-o-y. In that year, the vegetable imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, vegetable imports stood at $X in 2017. The vegetable imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Vegetable Imports by Country in Southern Asia

In 2017, Bangladesh (X tons) represented the key importer for vegetables, constituting X% of total imports. Sri Lanka (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Nepal (X%) and Pakistan (X%). Maldives (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nepal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable markets worldwide were Bangladesh ($X), Sri Lanka ($X) and Pakistan ($X), with a combined X% share of total imports. Nepal and Maldives lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Nepal (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vegetable Import Prices by Country in Southern Asia

In 2017, the vegetable import price in Southern Asia amounted to $X per ton, falling by -X% against the previous year. The vegetable import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2013, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Maldives ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform