Asia-Pacific: Apple Market 2024

Apple Market Size in Asia-Pacific

After four years of growth, the Asia-Pacific apple market decreased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2022, and then reduced modestly in the following year.

Apple Production in Asia-Pacific

In value terms, apple production reached $X in 2023 estimated in export price. The total production indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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

From 2012 to 2023, the average annual rate of growth in terms of volume in China totaled X%. The remaining producing countries recorded the following average annual rates of production growth: India (X% per year) and Democratic People's Republic of Korea (X% per year).

The average apple yield shrank modestly to X tons per ha in 2023, approximately reflecting the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when the yield increased by X%. Over the period under review, the apple yield attained the peak level at X tons per ha in 2022, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apple harvested area dropped slightly to X ha in 2023, flattening at the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to apple production reached the maximum at X ha in 2015; however, from 2016 to 2023, the harvested area remained at a lower figure.

Apple Exports

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded decline in shipments abroad of apples, which decreased by X% to X tons in 2023. In general, exports recorded a mild contraction. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2023, the growth of the exports failed to regain momentum.

In value terms, apple exports dropped modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

China was the key exporter of apples in Asia-Pacific, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by New Zealand (X tons), committing a X% share of total exports. Japan (X tons), Afghanistan (X tons), Hong Kong SAR (X tons) and India (X tons) took a minor share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2023. At the same time, Japan (X%), Afghanistan (X%) and India (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. New Zealand experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. Japan (X p.p.), New Zealand (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR and China saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest apple supplying countries in Asia-Pacific were China ($X), New Zealand ($X) and Japan ($X), with a combined X% share of total exports. Hong Kong SAR, Afghanistan and India lagged somewhat behind, together comprising a further X%.

Afghanistan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, leveling off at the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2021; afterwards, it flattened through to 2023.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced more modest paces of growth.

Apple Imports

Imports in Asia-Pacific

In 2023, apple imports in Asia-Pacific expanded modestly to X tons, growing by X% on the year before. Total imports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, apple imports totaled $X in 2023. Total imports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, India (X tons), distantly followed by Bangladesh (X tons), Indonesia (X tons), Vietnam (X tons), Thailand (X tons), Afghanistan (X tons), Taiwan (Chinese) (X tons), Hong Kong SAR (X tons), the Philippines (X tons) and Malaysia (X tons) represented the major importers of apples, together mixing up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Afghanistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apple importing markets in Asia-Pacific were India ($X), Taiwan (Chinese) ($X) and Thailand ($X), together comprising X% of total imports. Hong Kong SAR, Indonesia, Bangladesh, Vietnam, the Philippines, Malaysia and Afghanistan lagged somewhat behind, together comprising a further X%.

Afghanistan, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 2023, the import price in Asia-Pacific amounted to $X per ton, declining by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform