ASEAN: Market for Citrus Fruits Not Elsewhere Classified 2024

Market Size for Citrus Fruits Not Elsewhere Classified in ASEAN

The ASEAN market for citrus fruits not elsewhere classified dropped slightly to $X in 2022, leveling off at the previous year. Over the period under review, consumption saw a slight decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Citrus Fruits Not Elsewhere Classified in ASEAN

In value terms, citrus fruits not elsewhere classified production dropped slightly to $X in 2022 estimated in export price. Overall, production saw a slight contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The Philippines (X tons) remains the largest citrus fruits not elsewhere classified producing country in ASEAN, comprising approx. X% of total volume. Moreover, citrus fruits not elsewhere classified production in the Philippines exceeded the figures recorded by the second-largest producer, Thailand (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in the Philippines totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (X% per year) and Malaysia (X% per year).

In 2022, the average citrus fruits not elsewhere classified yield in ASEAN shrank modestly to X tons per ha, with a decrease of X% compared with 2021. Overall, the yield saw a mild decrease. The growth pace was the most rapid in 2017 when the yield increased by X% against the previous year. Over the period under review, the citrus fruits not elsewhere classified yield hit record highs at X tons per ha in 2015; however, from 2016 to 2022, the yield remained at a 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 citrus fruits not elsewhere classified were harvested in ASEAN; remaining stable against the year before. In general, the harvested area, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Exports of Citrus Fruits Not Elsewhere Classified

Exports in ASEAN

In 2022, after four years of decline, there was significant growth in shipments abroad of citrus fruits not elsewhere classified, when their volume increased by X% to X tons. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, citrus fruits not elsewhere classified exports skyrocketed to $X in 2022. Overall, exports showed a mild expansion. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Myanmar (X tons) and Singapore (X tons), together achieving a X% share of total exports. The following exporters - Lao People's Democratic Republic (X tons), Indonesia (X tons) and Thailand (X tons) - each resulted at a X% share of total exports.

Exports from Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%), Myanmar (X%) and Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Myanmar (X p.p.), Singapore (X p.p.) and Lao People's Democratic Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest citrus fruits not elsewhere classified supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with an X% share of total exports. It was followed by Indonesia, with a X% share.

In Vietnam, citrus fruits not elsewhere classified exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price, however, showed a mild expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Lao People's Democratic Republic ($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 (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Citrus Fruits Not Elsewhere Classified

Imports in ASEAN

In 2022, overseas purchases of citrus fruits not elsewhere classified increased by X% to X tons, rising for the fourth consecutive year after three years of decline. In general, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, citrus fruits not elsewhere classified imports soared to $X in 2022. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam represented the key importer of citrus fruits not elsewhere classified in ASEAN, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Brunei Darussalam (X tons) ranks second in terms of the total imports with a X% share, followed by Singapore (X%), Thailand (X%) and Lao People's Democratic Republic (X%). Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to citrus fruits not elsewhere classified imports into Vietnam stood at X%. At the same time, Lao People's Democratic Republic (X%), Singapore (X%), Brunei Darussalam (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Vietnam (X p.p.), Brunei Darussalam (X p.p.), Singapore (X p.p.) and Lao People's Democratic Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) and Thailand (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) constitutes the largest market for imported citrus fruits not elsewhere classified in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by Brunei Darussalam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam amounted to X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Brunei Darussalam (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruits not elsewhere classified import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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