Asia: Apple Juice Market 2022

Apple Juice Market Size in Asia

In 2021, the Asian apple juice market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, and then contracted modestly in the following year.

Apple Juice Production in Asia

In value terms, apple juice production contracted to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020, and then dropped modestly in the following year.

Production By Country in Asia

China (X tons) constituted the country with the largest volume of apple juice production, comprising approx. X% of total volume. Moreover, apple juice production in China exceeded the figures recorded by the second-largest producer, Japan (X tons), sevenfold. Bangladesh (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Japan (-X% per year) and Bangladesh (+X% per year).

Apple Juice Exports

Exports in Asia

In 2021, shipments abroad of apple juice (single strength) decreased by -X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, apple juice exports contracted slightly to $X in 2021. Over the period under review, exports, however, recorded a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Cyprus (X tons) and Japan (X tons) represented roughly X% of total exports in 2021. Nepal (X tons) occupied the next position in the ranking, followed by Turkey (X tons). All these countries together took approx. X% share of total exports. Georgia (X tons), Armenia (X tons), Kazakhstan (X tons) and Thailand (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Cyprus ($X) and Nepal ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Turkey, Georgia, Thailand, Armenia and Kazakhstan lagged somewhat behind, together accounting for a further X the main exporting countries, Thailand, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the other leaders experienced mixed trends in the export price figures.

Apple Juice Imports

Imports in Asia

In 2021, overseas purchases of apple juice (single strength) increased by X% to X tons, rising for the second consecutive year after two years of decline. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, apple juice imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Kazakhstan (X tons), China (X tons) and Kyrgyzstan (X tons) represented the largest importer of apple juice (single strength) in Asia, generating X% of total import. It was distantly followed by Japan (X tons), generating a X% share of total imports. The following importers - South Korea (X tons), Taiwan (Chinese) (X tons), the United Arab Emirates (X tons), Singapore (X tons), Uzbekistan (X tons), Israel (X tons), Oman (X tons), Hong Kong SAR (X tons) and Vietnam (X tons) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Kazakhstan ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Taiwan (Chinese), Kyrgyzstan, South Korea, Hong Kong SAR, the United Arab Emirates, Oman, Singapore, Uzbekistan, Israel and Vietnam, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price showed a slight slump. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform