Asia-Pacific: Cauliflower And Broccoli Market 2024

Cauliflower And Broccoli Market Size in Asia-Pacific

The Asia-Pacific cauliflower and broccoli market stood at $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market failed to regain momentum.

Cauliflower And Broccoli Production in Asia-Pacific

In value terms, cauliflower and broccoli production amounted to $X in 2023 estimated in export price. The total production indicated strong growth 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.

The countries with the highest volumes of production in 2023 were China (X tons), India (X tons) and Bangladesh (X tons), with a combined X% share of total production.

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

In 2023, the average cauliflower and broccoli yield in Asia-Pacific contracted to X tons per ha, remaining relatively unchanged against the previous year's figure. Overall, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2023, the growth of the cauliflower and broccoli yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of cauliflower and broccoli were harvested in Asia-Pacific; approximately mirroring the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2022, and then fell modestly in the following year.

Cauliflower And Broccoli Exports

Exports in Asia-Pacific

In 2023, the amount of cauliflower and broccoli exported in Asia-Pacific soared to X tons, surging by X% on the previous year. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in the near future.

In value terms, cauliflower and broccoli exports reached $X in 2023. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to see steady growth in years to come.

Exports by Country

China dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by Vietnam (X tons), making up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to cauliflower and broccoli exports from China stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. While the share of Vietnam (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of China (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest cauliflower and broccoli supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports.

In China, cauliflower and broccoli exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2023, falling by X% against the previous year. Export price indicated a tangible increase from 2012 to 2023: its price 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. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then contracted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while China amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%).

Cauliflower And Broccoli Imports

Imports in Asia-Pacific

In 2023, overseas purchases of cauliflower and broccoli increased by X% to X tons, rising for the fourth year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.

In value terms, cauliflower and broccoli imports declined modestly to $X in 2023. Total imports indicated a moderate 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then reduced slightly in the following year.

Imports by Country

In 2023, Malaysia (X tons) and Thailand (X tons) were the key importers of cauliflower and broccoli in Asia-Pacific, together mixing up X% of total imports. Hong Kong SAR (X tons) held the next position in the ranking, followed by Singapore (X tons), Taiwan (Chinese) (X tons) and South Korea (X tons). All these countries together held approx. X% share of total imports. Vietnam (X tons) followed a long way behind the leaders.

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

In value terms, Malaysia ($X) constitutes the largest market for imported cauliflower and broccoli in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

In Malaysia, cauliflower and broccoli imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2023, dropping by X% against 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 2021 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2022 to 2023, the import prices remained at a somewhat 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 Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform