
Asia - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights
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Grapefruit Market in Asia - Japan Halved Grapefruit Imports Over the Last Decade
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IndexBox has just published a new report: 'Asia - Grapefruits (Inc. Pomelos) - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The revenue of the grapefruit market in Asia amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, grapefruit consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. Over the period under review, the grapefruit market reached its maximum level in 2018 and is expected to retain its growth in the near future.
Consumption By Country in Asia
China (X tonnes) remains the largest grapefruit consuming country in Asia, comprising approx. X% of total consumption. Moreover, grapefruit consumption in China exceeded the figures recorded by the region's second-largest consumer, Viet Nam (X tonnes), eightfold. India (X tonnes) ranked third in terms of total consumption with a X% share.
In China, grapefruit consumption increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and India (+X% per year).
In value terms, China ($X) led the market, alone. The second position in the ranking was occupied by Viet Nam ($X). It was followed by Thailand.
The countries with the highest levels of grapefruit per capita consumption in 2018 were Viet Nam (X kg per X persons), China (X kg per X persons) and Thailand (X kg per X persons).
From 2007 to 2018, the most notable rate of growth in terms of grapefruit per capita consumption, amongst the main consuming countries, was attained by China, while the other leaders experienced more modest paces of growth.
Market Forecast 2019-2025 in Asia
Driven by increasing demand for grapefruit in Asia, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tonnes by the end of 2025.
Production in Asia
The grapefruit production stood at X tonnes in 2018, growing by X% against the previous year. The total output indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, grapefruit production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2015 when production volume increased by X% y-o-y. Over the period under review, grapefruit production reached its maximum volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of grapefruit output was largely conditioned by a resilient increase of the harvested area and temperate growth in yield figures.
In value terms, grapefruit production stood at $X in 2018 estimated in export prices. Overall, grapefruit production continues to indicate a strong increase. The growth pace was the most rapid in 2015 when production volume increased by X% against the previous year. The level of grapefruit production peaked in 2018 and is expected to retain its growth in the immediate term.
Production By Country in Asia
The country with the largest volume of grapefruit production was China (X tonnes), accounting for X% of total production. Moreover, grapefruit production in China exceeded the figures recorded by the region's second-largest producer, Viet Nam (X tonnes), eightfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of volume in China amounted to +X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and India (+X% per year).
Harvested Area in Asia
In 2018, the total area harvested in terms of grapefruits production in Asia stood at X ha, going up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. The level of grapefruit harvested area peaked at X ha in 2016; however, from 2017 to 2018, harvested area stood at a somewhat lower figure.
Yield in Asia
The average grapefruit yield amounted to X tonne per ha in 2018, jumping by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when yield increased by X% against the previous year. The level of grapefruit yield peaked in 2018 and is expected to retain its growth in the immediate term.
Exports in Asia
In 2018, the amount of grapefruits exported in Asia amounted to X tonnes, jumping by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, grapefruit exports reached their maximum in 2018 and are likely to see steady growth in the near future.
In value terms, grapefruit exports totaled $X (IndexBox estimates) in 2018. The total exports indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, grapefruit exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, grapefruit exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.
Exports by Country
In 2018, China (X tonnes) and Turkey (X tonnes) were the major exporters of grapefruits in Asia, together recording near X% of total exports. It was distantly followed by Israel (X tonnes), achieving a X% share of total exports. China, Hong Kong SAR (X tonnes) and Cyprus (X tonnes) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.
In value terms, the largest grapefruit markets in Asia were China ($X), Turkey ($X) and Israel ($X), with a combined X% share of total exports. These countries were followed by China, Hong Kong SAR and Cyprus, which together accounted for a further X%.
Among the main exporting countries, China, Hong Kong SAR recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
The grapefruit export price in Asia stood at $X per tonne in 2018, waning by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. In that year, the export prices for grapefruits attained their peak level of $X per tonne, and then declined slightly in the following year.
Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per tonne), while Cyprus ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.
Imports in Asia
In 2018, the amount of grapefruits imported in Asia totaled X tonnes, surging by X% against the previous year. In general, grapefruit imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, grapefruit imports reached their maximum at X tonnes in 2010; however, from 2011 to 2018, imports failed to regain their momentum.
In value terms, grapefruit imports amounted to $X (IndexBox estimates) in 2018. Over the period under review, grapefruit imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. The level of imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.
Imports by Country
In 2018, Japan (X tonnes), distantly followed by China (X tonnes), Saudi Arabia (X tonnes), South Korea (X tonnes), China, Hong Kong SAR (X tonnes) and Viet Nam (X tonnes) were the largest importers of grapefruits, together comprising X% of total imports. Iraq (X tonnes) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, Hong Kong SAR, Saudi Arabia, Viet Nam and Iraq lagged somewhat behind, together accounting for a further X%.
Viet Nam (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The grapefruit import price in Asia stood at $X per tonne in 2018, dropping by -X% against the previous year. Overall, the grapefruit import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. In that year, the import prices for grapefruits reached their peak level of $X per tonne, and then declined slightly in the following year.
Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the grapefruit market in 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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