Asia-Pacific: Date Market 2024

Date Market Size in Asia-Pacific

The Asia-Pacific date market rose modestly to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Date Production in Asia-Pacific

In value terms, date production totaled $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The country with the largest volume of date production was Pakistan (X tons), accounting for X% of total volume. Moreover, date production in Pakistan exceeded the figures recorded by the second-largest producer, China (X tons), threefold.

In Pakistan, date production remained relatively stable over the period from 2012-2022.

The average date yield rose sharply to X tons per ha in 2022, growing by X% on the year before. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the date yield hit record highs at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of dates production in Asia-Pacific declined modestly to X ha, with a decrease of X% against the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021, and then fell in the following year.

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Date Exports

Exports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in overseas shipments of dates, when their volume decreased by X% to X tons. Overall, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, date exports shrank to $X in 2022. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan dominates exports structure, recording X tons, which was near X% of total exports in 2022. Malaysia (X tons) and India (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to date exports from Pakistan stood at X%. At the same time, India (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) and Malaysia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Pakistan (X p.p.) displayed negative dynamics.

In value terms, Pakistan ($X) remains the largest date supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Pakistan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price recorded a mild decrease. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Malaysia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Date Imports

Imports in Asia-Pacific

After two years of growth, supplies from abroad of dates decreased by X% to X tons in 2022. Total imports indicated buoyant growth 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 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of X%. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, date imports contracted slightly to $X in 2022. Total imports indicated a prominent expansion 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 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then declined slightly in the following year.

Imports by Country

India prevails in imports structure, recording X tons, which was near X% of total imports in 2022. Pakistan (X tons) took the second position in the ranking, followed by Indonesia (X tons). All these countries together took approx. X% share of total imports. Malaysia (X tons), China (X tons) and Bangladesh (X tons) took a minor share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%), Indonesia (X%), China (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Bangladesh (X%) illustrated a downward trend over the same period. While the share of Pakistan (X p.p.), Indonesia (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) and Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported dates in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In India, date imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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