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Asia-Pacific - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Almond Market Overview 2021

Almond Market Size in Asia-Pacific

In 2019, the Asia-Pacific almond market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the immediate term.

Almond Production in Asia-Pacific

In value terms, almond production skyrocketed to $X in 2019 estimated in export prices. Over the period under review, production showed a strong expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.

Australia (X tonnes) constituted the country with the largest volume of almond production, comprising approx. X% of total volume. Moreover, almond production in Australia exceeded the figures recorded by the second-largest producer, China (X tonnes), threefold. The third position in this ranking was occupied by Afghanistan (X tonnes), with a X% share.

In Australia, almond production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: China (+X% per year) and Afghanistan (+X% per year).

In 2019, the average yield of almonds in Asia-Pacific rose slightly to X tonnes per ha, surging by X% on the previous year's figure. Over the period under review, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the almond yield reached the peak level at X tonnes per ha in 2013; however, from 2014 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The almond harvested area expanded markedly to X ha in 2019, with an increase of X% on the year before. The total harvested area indicated a prominent expansion from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, almond harvested area increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2010 when the harvested area increased by X% y-o-y. The level of harvested area peaked in 2019 and is expected to retain growth in the immediate term.

Production By Country in Asia-Pacific

Australia (X tonnes) constituted the country with the largest volume of almond production, comprising approx. X% of total volume. Moreover, almond production in Australia exceeded the figures recorded by the second-largest producer, China (X tonnes), threefold. Afghanistan (X tonnes) ranked third in terms of total production with a X% share.

In Australia, almond production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: China (+X% per year) and Afghanistan (+X% per year).

Almond Exports

Exports in Asia-Pacific

In 2019, almond exports in Asia-Pacific soared to X tonnes, surging by X% on 2018 figures. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, almond exports surged to $X in 2019. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in the near future.

Exports by Country

Australia was the key exporter of almonds in Asia-Pacific, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2019. It was distantly followed by Hong Kong SAR (X tonnes), creating a X% share of total exports. Afghanistan (X tonnes) took a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in Australia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest almond supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value in Australia stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Afghanistan (+X% per year).

Export Prices by Country

The almond export price in Asia-Pacific stood at $X per tonne in 2019, growing by X% against the previous year. Export price indicated a notable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, almond export price decreased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. The level of export peaked in 2019 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2019, the country with the highest price was Australia ($X per tonne), while Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Afghanistan, while the other leaders experienced more modest paces of growth.

Almond Imports

Imports in Asia-Pacific

In 2019, approx. X tonnes of almonds were imported in Asia-Pacific; dropping by -X% compared with the year before. Over the period under review, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, almond imports reduced to $X in 2019. In general, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. The level of import peaked at $X in 2018, and then shrank in the following year.

Imports by Country

India represented the largest importing country with an import of around X tonnes, which amounted to X% of total imports. Hong Kong SAR (X tonnes) took the second position in the ranking, followed by China (X tonnes) and Viet Nam (X tonnes). All these countries together occupied approx. X% share of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2019. At the same time, China (+X%), Hong Kong SAR (+X%) and Viet Nam (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of India, China and Hong Kong SAR increased by +X%, +X% and +X% percentage points, while Viet Nam (-X p.p.) saw their share reduced.

In value terms, India ($X) constitutes the largest market for imported almonds in Asia-Pacific, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by China, with a X% share.

In India, almond imports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Hong Kong SAR (+X% per year) and China (+X% per year).

Import Prices by Country

The almond import price in Asia-Pacific stood at $X per tonne in 2019, approximately mirroring the previous year. Import price indicated a measured expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was India ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in Asia-Pacific?
+
The countries with the highest volumes of almond consumption in 2019 were India (162K tonnes), Australia (99K tonnes) and China (61K tonnes), together comprising 81% of total consumption.
What are the largest producers of almonds in Asia-Pacific?
+
Australia (146K tonnes) constituted the country with the largest volume of almond production, comprising approx. 59% of total volume. Moreover, almond production in Australia exceeded the figures recorded by the second-largest producer, China (45K tonnes), threefold. Afghanistan (38K tonnes) ranked third in terms of total production with a 15% share.
What are the leading exporters of almonds in Asia-Pacific?
+
In value terms, Australia ($246M) remains the largest almond supplier in Asia-Pacific, comprising 69% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($93M), with a 26% share of total exports.
What are the leading importers of almonds in Asia-Pacific?
+
In value terms, India ($803M) constitutes the largest market for imported almonds in Asia-Pacific, comprising 76% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($115M), with a 11% share of total imports. It was followed by China, with a 6.5% share.
What is the average export price for almonds in Asia-Pacific?
+
The almond export price in Asia-Pacific stood at $4,527 per tonne in 2019, with an increase of 13% against the previous year.
What is the average import price for almonds in Asia-Pacific?
+
The almond import price in Asia-Pacific stood at $4,735 per tonne in 2019, leveling off at the previous year.

Product coverage:
• FCL 221 - Almonds

This report provides an in-depth analysis of the almond market in Asia-Pacific. 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:
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan, Chinese
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
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 2025
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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