Asia-Pacific: Fruit Market 2024

Fruit Market Size in Asia-Pacific

The Asia-Pacific fruit market reached $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Fruit Production in Asia-Pacific

In value terms, fruit production stood at $X in 2022 estimated in export price. The total production indicated strong growth 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of fruit production was China (X tons), comprising approx. X% of total volume. Moreover, fruit production in China exceeded the figures recorded by the second-largest producer, India (X tons), twofold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled X%. In the other countries, the average annual rates were as follows: India (X% per year) and Indonesia (X% per year).

In 2022, the average fruit yield in Asia-Pacific stood at X tons per ha, stabilizing at 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the fruit yield reached the peak level at X tons per ha in 2020; however, from 2021 to 2022, the 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.

The fruit harvested area reached X ha in 2022, flattening at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the harvested area increased by X%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

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Fruit Exports

Exports in Asia-Pacific

In 2022, shipments abroad of fruits decreased by X% to X tons, falling for the second consecutive year after five years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, fruit exports dropped to $X in 2022. Overall, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

In 2022, China (X tons), distantly followed by Thailand (X tons), the Philippines (X tons), India (X tons), Vietnam (X tons), New Zealand (X tons) and Pakistan (X tons) were the main exporters of fruits, together constituting X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fruit supplying countries in Asia-Pacific were Thailand ($X), China ($X) and New Zealand ($X), with a combined X% share of total exports.

Among the main exporting countries, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 2022, with a decrease of X% against the previous year. Export price indicated a strong expansion from 2012 to 2022: its price 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, fruit export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then shrank slightly in the following year.

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

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

Fruit Imports

Imports in Asia-Pacific

Fruit imports reduced to X tons in 2022, waning by X% compared with the year before. The total import volume 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 in certain years. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, fruit imports declined to $X in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

China was the major importer of fruits in Asia-Pacific, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. Japan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%), India (X%) and Indonesia (X%). Bangladesh (X tons), Malaysia (X tons), South Korea (X tons), Thailand (X tons), Vietnam (X tons), Afghanistan (X tons), Singapore (X tons) and the Philippines (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fruit imports into China stood at X%. At the same time, Vietnam (X%), Bangladesh (X%), India (X%), Afghanistan (X%), the Philippines (X%), Malaysia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Singapore and Indonesia experienced a relatively flat trend pattern. By contrast, Japan (X%), South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, India, Bangladesh and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, fruit imports expanded 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: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then dropped slightly in the following year.

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

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

Source: IndexBox Platform

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