Southern Asia: Vinegar-Preserved Vegetable Market 2025

Vinegar-Preserved Vegetable Market Size in Southern Asia

After two years of decline, the South Asian vinegar-preserved vegetable market increased by 7% to $X in 2022. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Vinegar-Preserved Vegetable Production in Southern Asia

In value terms, vinegar-preserved vegetable production totaled $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 -1.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Vinegar-Preserved Vegetable Exports

Exports in Southern Asia

After two years of growth, overseas shipments of vegetables in vinegar other than potatoes decreased by -4.9% to X tons in 2022. Overall, exports showed a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, vinegar-preserved vegetable exports declined to $X in 2022. The total export value increased at an average annual rate of +2.5% 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 2018 with an increase of 28%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

India prevails in exports structure, amounting to X tons, which was approx. 94% of total exports in 2022. Sri Lanka (X tons) and Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vinegar-preserved vegetable exports from India stood at -1.9%. Sri Lanka experienced a relatively flat trend pattern. Pakistan (-1.3%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest vinegar-preserved vegetable supplier in Southern Asia, comprising 92% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 4.4% share of total exports.

In India, vinegar-preserved vegetable exports expanded at an average annual rate of +2.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Sri Lanka (+1.0% per year) and Pakistan (-1.8% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, falling by -1.6% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 2018 when the export price increased by 11%. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.7%), while the other leaders experienced mixed trends in the export price figures.

Vinegar-Preserved Vegetable Imports

Imports in Southern Asia

In 2022, purchases abroad of vegetables in vinegar other than potatoes increased by 6.3% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2018 with an increase of 86%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, vinegar-preserved vegetable imports reduced modestly to $X in 2022. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 75% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Pakistan (X tons) and India (X tons) represented roughly 72% of total imports in 2022. Nepal (X tons) took the next position in the ranking, distantly followed by Maldives (X tons) and Bangladesh (X tons). All these countries together took near 23% share of total imports. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +37.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar-preserved vegetable importing markets in Southern Asia were Pakistan ($X), India ($X) and Nepal ($X), together accounting for 84% of total imports.

Among the main importing countries, Pakistan, with a CAGR of +32.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with a decrease of -6.5% against the previous year. In general, the import price saw a slight descent. The pace of growth was the most pronounced in 2019 an increase of 9.9%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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