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Asia - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Chestnut Market Overview 2021

Chestnut Market Size in Asia

The Asian chestnut market amounted to $X in 2020, surging by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Chestnut Production in Asia

In value terms, chestnut production expanded modestly to $X in 2020 estimated in export prices. in general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

The country with the largest volume of chestnut production was China (X tonnes), comprising approx. X% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), more than tenfold.

In China, chestnut production increased at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Turkey (+X% per year) and South Korea (-X% per year).

In 2020, the average yield of chestnuts in Asia reached X tonnes per ha, approximately reflecting the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X% year-to-year. Over the period under review, the chestnut yield hit record highs in 2020 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of chestnuts production in Asia expanded to X ha, surging by X% compared with the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to chestnut production attained the peak figure in 2020 and is expected to retain growth in the immediate term.

Production by Country in Asia

The country with the largest volume of chestnut production was China (X tonnes), comprising approx. X% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), more than tenfold.

In China, chestnut production expanded at an average annual rate of +X% over the period from 2012-2020. in the other countries, the average annual rates were as follows: Turkey (+X% per year) and South Korea (-X% per year).

Chestnut Exports

Exports in Asia

In 2020, overseas shipments of chestnuts decreased by -X% to X tonnes for the first time since 2015, thus ending a four-year rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. The volume of export peaked at X tonnes in 2019, and then fell in the following year.

In value terms, chestnut exports contracted to $X in 2020. Overall, exports, however, continue to indicate a slight downturn. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. The level of export peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

China represented the major exporting country with an export of about X tonnes, which reached X% of total exports. Turkey (X tonnes) ranks second in terms of the total exports with a X% share, followed by South Korea (X%).

Exports from China increased at an average annual rate of +X% from 2012 to 2020. at the same time, Turkey (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2020. by contrast, South Korea (-X%) illustrated a downward trend over the same period. China (+X p.p.) and Turkey (+X p.p.) significantly strengthened its position in terms of the total exports, while South Korea saw its share reduced by -X% from 2012 to 2020, respectively.

In value terms, China ($X) remains the largest chestnut supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total exports.

From 2012 to 2020, the average annual growth rate of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and South Korea (-X% per year).

Export Prices by Country

In 2020, the chestnut export price in Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the export price increased by X% y-o-y. Over the period under review, export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. in 2020, the country with the highest price was Turkey ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced a decline in the export price figures.

Chestnut Imports

Imports in Asia

In 2020, overseas purchases of chestnuts decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a perceptible descent. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, chestnut imports shrank rapidly to $X in 2020. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of chestnut imports in 2020 were Thailand (X tonnes), Taiwan (Chinese) (X tonnes), China (X tonnes), South Korea (X tonnes), Japan (X tonnes), Turkey (X tonnes), Lebanon (X tonnes), Jordan (X tonnes), the United Arab Emirates (X tonnes) and Israel (X tonnes), together resulting at X% of total import.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Taiwan (Chinese) ($X) and China ($X) constituted the countries with the highest levels of imports in 2020, together accounting for X% of total imports. Japan, South Korea, Israel, Lebanon, Jordan, the United Arab Emirates and Turkey lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, in terms of 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 2020, the chestnut import price in Asia amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The level of import peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chestnuts in Asia?
+
The country with the largest volume of chestnut consumption was China (1.9M tonnes), accounting for 92% of total volume. It was followed by Turkey (58K tonnes), with a 2.9% share of total consumption.
What are the largest producers of chestnuts in Asia?
+
China (1.9M tonnes) remains the largest chestnut producing country in Asia, comprising approx. 93% of total volume. Moreover, chestnut production in China exceeded the figures recorded by the second-largest producer, Turkey (65K tonnes), more than tenfold.
What are the leading exporters of chestnuts in Asia?
+
In value terms, China ($81M) remains the largest chestnut supplier in Asia, comprising 69% of total exports. The second position in the ranking was occupied by Turkey ($24M), with a 20% share of total exports.
What are the leading importers of chestnuts in Asia?
+
In value terms, the largest chestnut importing markets in Asia were Thailand ($13M), Taiwan (Chinese) ($9.6M) and China ($8.4M), with a combined 48% share of total imports. These countries were followed by Japan, South Korea, Israel, Lebanon, Jordan, the United Arab Emirates and Turkey, which together accounted for a further 39%.
What is the average export price for chestnuts in Asia?
+
In 2020, the chestnut export price in Asia amounted to $2,146 per tonne, which is down by -3.2% against the previous year.
What is the average import price for chestnuts in Asia?
+
The chestnut import price in Asia stood at $2,263 per tonne in 2020, increasing by 4.8% against the previous year.

Product coverage:
• FCL 220 - Chestnuts

This report provides an in-depth analysis of the chestnut 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.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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