Asia-Pacific: Apple Juice Market 2024

Apple Juice Market Size in Asia-Pacific

The Asia-Pacific apple juice market stood at $X in 2022, approximately equating the previous year. In general, consumption, however, showed a pronounced curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Apple Juice Production in Asia-Pacific

In value terms, apple juice production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Apple Juice Exports

Exports in Asia-Pacific

In 2022, exports of apple juice (single strength) in Asia-Pacific surged to X tons, with an increase of X% on the previous year's figure. Overall, exports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, apple juice exports expanded to $X in 2022. Over the period under review, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Nepal (X tons) and Japan (X tons) represented roughly X% of total exports in 2022. Australia (X tons) ranks next in terms of the total exports with a X% share, followed by New Zealand (X%), Taiwan (Chinese) (X%), Singapore (X%) and China (X%).

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest apple juice supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Nepal ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

In Japan, apple juice exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Nepal (X% per year) and Australia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Apple Juice Imports

Imports in Asia-Pacific

In 2022, the amount of apple juice (single strength) imported in Asia-Pacific shrank to X tons, falling by X% compared with 2021 figures. Total imports indicated a perceptible increase 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. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, apple juice imports fell to $X in 2022. Total imports indicated a tangible 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 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

China (X tons) and South Korea (X tons) represented roughly X% of total imports in 2022. Australia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%), Taiwan (Chinese) (X%) and Maldives (X%). Hong Kong SAR (X tons), Malaysia (X tons), Singapore (X tons), New Caledonia (X tons) and Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice importing markets in Asia-Pacific were South Korea ($X), China ($X) and Australia ($X), together comprising X% of total imports. Japan, Taiwan (Chinese), Hong Kong SAR, Singapore, Maldives, Malaysia, New Caledonia and Vietnam lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Maldives, with a CAGR of X%, saw 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, reducing by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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