Asia: Dried Prune Market 2024

Dried Prune Market Size in Asia

The Asian dried prune market amounted to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dried Prune Production in Asia

In value terms, dried prune production stood at $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Dried Prune Exports

Exports in Asia

For the fourth consecutive year, Asia recorded growth in overseas shipments of dried prunes, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dried prune exports skyrocketed to $X in 2022. Overall, exports saw a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. China (X tons) ranks second in terms of the total exports with a X% share, followed by Iran (X%) and Hong Kong SAR (X%). Turkey (X tons), Afghanistan (X tons) and the United Arab Emirates (X tons) took a minor share of total exports.

Uzbekistan was also the fastest-growing in terms of the dried prunes exports, with a CAGR of X% from 2012 to 2022. At the same time, Afghanistan (X%), Turkey (X%), Iran (X%) and China (X%) displayed positive paces of growth. By contrast, the United Arab Emirates (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest dried prune supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, reducing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Dried Prune Imports

Imports in Asia

For the third year in a row, Asia recorded growth in supplies from abroad of dried prunes, which increased by X% to X tons in 2022. Total imports indicated perceptible growth from 2012 to 2022: its volume 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, imports increased by X% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried prune imports skyrocketed to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the major importing country with an import of around X tons, which accounted for X% of total imports. Pakistan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%), Japan (X%) and Israel (X%). Vietnam (X tons), Kazakhstan (X tons), India (X tons), South Korea (X tons) and Malaysia (X tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to dried prune imports into China stood at X%. At the same time, Pakistan (X%), Turkey (X%), Kazakhstan (X%), India (X%), Israel (X%), Vietnam (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of Pakistan (X p.p.), China (X p.p.), Turkey (X p.p.), Kazakhstan (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Turkey ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Israel, South Korea, Vietnam, Pakistan, India, Malaysia and Kazakhstan lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Pakistan, with a CAGR of X%, recorded the highest growth rate of 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 import price in Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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