Asia-Pacific: Orange Market 2023

Orange Market Size in Asia-Pacific

The Asia-Pacific orange market contracted to $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Orange Production in Asia-Pacific

In value terms, orange production reached $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 94%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were India (X tons), China (X tons) and Indonesia (X tons), together comprising 83% of total production. Pakistan, Vietnam and Thailand lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Vietnam (with a CAGR of +10.2%), while production for the other leaders experienced more modest paces of growth.

In 2022, the average yield of oranges in Asia-Pacific stood at X tons per ha, almost unchanged from the year before. The yield figure increased at an average annual rate of +3.0% 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 2014 when the yield increased by 5.8% against the previous year. Over the period under review, the orange yield hit record highs in 2022 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of oranges were harvested in Asia-Pacific; shrinking by -1.5% against 2021. The harvested area increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13%. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

Orange Exports

Exports in Asia-Pacific

In 2022, overseas shipments of oranges decreased by -21.7% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 48%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, orange exports reduced notably to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 44%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X tons), distantly followed by India (X tons), China (X tons) and Hong Kong SAR (X tons) represented the main exporters of oranges, together constituting 93% of total exports. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +12.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest orange supplying countries in Asia-Pacific were Australia ($X), China ($X) and Hong Kong SAR ($X), together accounting for 85% of total exports. India and Singapore lagged somewhat behind, together accounting for a further 12%.

India, with a CAGR of +11.5%, saw the highest rates of growth with regard to 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 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2017 an increase of 22%. The level of export peaked at $X per ton in 2018; however, from 2019 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 China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the other leaders experienced more modest paces of growth.

Orange Imports

Imports in Asia-Pacific

In 2022, purchases abroad of oranges decreased by -12.5% to X tons, falling for the third year in a row after five years of growth. Total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.7% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, orange imports fell to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.9% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 22% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Bangladesh (X tons), China (X tons) and Hong Kong SAR (X tons) was the main importer of oranges in Asia-Pacific, making up 52% of total import. It was distantly followed by India (X tons), Malaysia (X tons), South Korea (X tons) and Japan (X tons), together constituting a 31% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2022, together comprising 51% of total imports. Bangladesh, Japan, Malaysia and India lagged somewhat behind, together accounting for a further 32%.

Among the main importing countries, Bangladesh, with a CAGR of +18.2%, 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

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of 3.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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