Asian Market: China Outpaced India In Fruit Production, With 154.4M Tonnes VS 82.6M Tonnes

Fruit And Vegetables April 14, 2015
Author: Alla Yakimova
Market Analyst

The Asian fruit market showed sustainable growth over the last few years, with a CAGR of 11,8% from 2007-2013, which led the market value to 270 billion USD.

From 2007-2013, Asian production of fruits illustrated substantial growth, reaching 356 million tonnes, which was the highest level recorded over the period under review.
Similar dynamics were observed in the volume of harvested areas. The average annual increase in harvested areas was 2.1% from 2007-2013.

The countries with the largest production of fruits in absolute volumes were China (154.4 million tonnes) and India (82.6 million tonnes). They were distantly followed by Indonesia (16.0 million tonnes), the Philippines (15.9 million tonnes), Turkey (15.3 million tonnes), Iran (11.8 million tonnes) and Thailand (11.1 million tonnes).

The most notable growth rates in fruits production among the main producing countries from 2007 to 2013 were attained by China (+6.3% per year), followed by India (+4.7%), Turkey (+3.7%) and Viet Nam (+2.4%). For the other two Asian leaders (Indonesia and the Philippines) the pace of growth was more modest. Negative dynamics were recorded for Iran (-2.1%) and Thailand (-1.2%).

It is expected that in the next five years, the fruits sector as a whole, driven by population growth in Asia, will continue its upward production trend.

Source: Asia: Fruits - Market Report. Analysis And Forecast To 2020