Asia-Pacific: Vegetable Puree Market 2024

Vegetable Puree Market Size in Asia-Pacific

The Asia-Pacific vegetable puree market rose rapidly to $X in 2022, surging by X% against the previous year. In general, consumption posted resilient growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Vegetable Puree Production in Asia-Pacific

In value terms, vegetable puree production rose notably to $X in 2022 estimated in export price. The total output 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 growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Vegetable Puree Exports

Exports in Asia-Pacific

In 2022, exports of vegetable puree in Asia-Pacific declined remarkably to X tons, with a decrease of X% against 2021. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, vegetable puree exports fell notably to $X in 2022. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Thailand (X tons) was the largest exporter of vegetable puree, making up X% of total exports. Australia (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%), Taiwan (Chinese) (X%), India (X%) and Vietnam (X%). Pakistan (X tons) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), Pakistan (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%), Australia (X%) and India (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Australia (X p.p.), Vietnam (X p.p.), Taiwan (Chinese) (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) and India (X p.p.) displayed negative dynamics.

In value terms, Thailand ($X) remains the largest vegetable puree supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Malaysia, with an X% share.

In Thailand, vegetable puree exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated a strong increase 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, vegetable puree export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a 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 Thailand ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Vegetable Puree Imports

Imports in Asia-Pacific

In 2022, approx. X tons of vegetable puree were imported in Asia-Pacific; waning by X% compared with 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, vegetable puree imports fell dramatically to $X in 2022. In general, imports continue to indicate a slight curtailment. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), Japan (X tons), China (X tons), Cambodia (X tons), Vietnam (X tons), the Philippines (X tons), New Caledonia (X tons), Singapore (X tons), Australia (X tons) and Lao People's Democratic Republic (X tons) represented roughly X% of total imports in 2022.

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

In value terms, the largest vegetable puree importing markets in Asia-Pacific were Hong Kong SAR ($X), China ($X) and Japan ($X), with a combined X% share of total imports. Vietnam, New Caledonia, Taiwan (Chinese), the Philippines, Singapore, Australia, Cambodia, Malaysia and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Malaysia ($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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