Asia: Mango and Mangosteen Market Overview 2021

Mango and Mangosteen Market Size in Asia

The Asian mango and mangosteen market was estimated at $X in 2020, with an increase of X% against the previous year. The total consumption indicated a pronounced increase from 2007 to 2020: its value 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, consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is likely to continue growth in the near future.

Mango and Mangosteen Production in Asia

In value terms, mango and mangosteen production expanded modestly to $X in 2020 estimated in export prices. The total production indicated a prominent expansion 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. Based on 2020 figures, production increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is likely to see steady growth in the immediate term.

India (X tonnes) constituted the country with the largest volume of mango and mangosteen production, comprising approx. X% of total volume. Moreover, mango and mangosteen production in India exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), eightfold. China (X tonnes) ranked third in terms of total production with a X% share.

In India, mango and mangosteen production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and China (-X% per year).

In 2020, the average yield of mangoes, mangosteens and guavas in Asia reached X tonnes per ha, surging by X% compared with the year before. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of yield peaked in 2020 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of mangoes, mangosteens and guavas in Asia stood at X ha, leveling off at 2019. 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 2017 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2014; however, from 2015 to 2020, the harvested area stood at a somewhat lower figure.

Production by Country in Asia

The country with the largest volume of mango and mangosteen production was India (X tonnes), comprising approx. X% of total volume. Moreover, mango and mangosteen production in India exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), eightfold. China (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 India amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and China (-X% per year).

Mango and Mangosteen Exports

Exports in Asia

In 2020, exports of mangoes, mangosteens and guavas in Asia skyrocketed to X tonnes, picking up by X% on the year before. Overall, exports posted a strong expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mango and mangosteen exports soared to $X in 2020. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in the near future.

Exports by Country

Thailand was the largest exporter of mangoes, mangosteens and guavas in Asia, with the volume of exports resulting at X tonnes, which was approx. X% of total exports in 2020. India (X tonnes) ranks second in terms of the total exports with a X% share, followed by China (X%), Pakistan (X%), Viet Nam (X%), Hong Kong SAR (X%) and Indonesia (X%).

From 2007 to 2020, average annual rates of growth with regard to mango and mangosteen exports from Thailand stood at +X%. at the same time, Viet Nam (+X%), China (+X%), Indonesia (+X%), India (+X%), Hong Kong SAR (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. China (+X p.p.), Viet Nam (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR and Pakistan saw its share reduced by -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest mango and mangosteen supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

In Thailand, mango and mangosteen exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Viet Nam (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2020, the mango and mangosteen export price in Asia amounted to $X per tonne, dropping by -X% against the previous year. Export price indicated a pronounced expansion from 2007 to 2020: its price 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, mango and mangosteen export price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. in 2020, the country with the highest price was Viet Nam ($X per tonne), while China ($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.

Mango and Mangosteen Imports

Imports in Asia

In 2020, supplies from abroad of mangoes, mangosteens and guavas increased by X% to X tonnes, rising for the fourth consecutive year after three years of decline. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. The volume of import peaked in 2020 and is likely to see gradual growth in the near future.

In value terms, mango and mangosteen imports contracted to $X in 2020. in general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

China represented the major importing country with an import of about X tonnes, which recorded X% of total imports. Hong Kong SAR (X tonnes) held the second position in the ranking, followed by the United Arab Emirates (X tonnes), Malaysia (X tonnes) and Saudi Arabia (X tonnes). All these countries together took near X% share of total imports. Thailand (X tonnes), Singapore (X tonnes), Oman (X tonnes), South Korea (X tonnes) and Yemen (X tonnes) followed a long way behind the leaders.

Imports into China increased at an average annual rate of +X% from 2007 to 2020. at the same time, Thailand (+X%), South Korea (+X%), Malaysia (+X%), Oman (+X%), Hong Kong SAR (+X%), Singapore (+X%), the United Arab Emirates (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. by contrast, Yemen (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Thailand (+X p.p.) and Malaysia (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Singapore (-X p.p.), Yemen (-X p.p.), Saudi Arabia (-X p.p.), Hong Kong SAR (-X p.p.) and the United Arab Emirates (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported mangoes, mangosteens and guavas in Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

The mango and mangosteen import price in Asia stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Import price indicated a pronounced expansion from 2007 to 2020: its price 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 most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2019, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was South Korea ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform