Asia: Market for Apple Juice (Single Strength) 2021

Market Size for Apple Juice (Single Strength) in Asia

In 2020, the Asian apple juice (single strength) market decreased by -X% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. The level of consumption peaked at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Production of Apple Juice (Single Strength) in Asia

In value terms, apple juice (single strength) production fell to $X in 2020 estimated in export prices. In general, production continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Production By Country in Asia

The country with the largest volume of apple juice (single strength) production was China (X tonnes), comprising approx. X% of total volume. It was followed by Turkey (X tonnes), with a X% share of total production. Thailand (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Thailand (+X% per year).

Exports of Apple Juice (Single Strength)

Exports in Asia

In 2020, the amount of apple juice (single strength) exported in Asia amounted to X tonnes, flattening at the previous year. Total exports indicated modest growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, apple juice (single strength) exports amounted to $X in 2020. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Cyprus (X tonnes) and Turkey (X tonnes) represented roughly X% of total exports of apple juice (single strength) in 2020. It was distantly followed by Nepal (X tonnes), Japan (X tonnes), the United Arab Emirates (X tonnes) and Saudi Arabia (X tonnes), together mixing up a X% share of total exports. Georgia (X tonnes) took a relatively small share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Georgia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Cyprus ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by Nepal, Georgia, the United Arab Emirates and Saudi Arabia, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the apple juice (single strength) export price in Asia amounted to $X per tonne, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($X per tonne), while Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Imports of Apple Juice (Single Strength)

Imports in Asia

Apple juice (single strength) imports rose sharply to X tonnes in 2020, surging by X% compared with 2019. Total imports indicated a mild expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

In value terms, apple juice (single strength) imports totaled $X in 2020. Total imports indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of apple juice (single strength) imports in 2020 were Kazakhstan (X tonnes), China (X tonnes), Saudi Arabia (X tonnes) and South Korea (X tonnes), together resulting at X% of total import. It was distantly followed by Japan (X tonnes), generating a X% share of total imports. The United Arab Emirates (X tonnes), Armenia (X tonnes), Israel (X tonnes), Vietnam (X tonnes), Singapore (X tonnes), Hong Kong SAR (X tonnes), Kyrgyzstan (X tonnes) and Georgia (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice (single strength) importing markets in Asia were South Korea ($X), Kazakhstan ($X) and Saudi Arabia ($X), together accounting for X% of total imports.

In terms of the main importing countries, South Korea 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 apple juice (single strength) import price in Asia stood at $X per tonne in 2020, surging by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($X per tonne), while Kyrgyzstan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform