
Asia - Papayas - Market Analysis, Forecast, Size, Trends and Insights
Asia: Papaya Market 2023
Papaya Market Size in Asia
The Asian papaya market stood at $X in 2021, remaining constant against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Papaya Production in Asia
In value terms, papaya production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.
India (X tons) constituted the country with the largest volume of papaya production, accounting for 77% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, Indonesia (X tons), sixfold. The third position in this ranking was held by the Philippines (X tons), with a 2.1% share.
From 2012 to 2021, the average annual growth rate of volume in India totaled +1.3%. In the other countries, the average annual rates were as follows: Indonesia (+1.1% per year) and the Philippines (-0.0% per year).
The average papaya yield stood at X tons per ha in 2021, with an increase of 2.6% on 2020. In general, the yield showed a relatively flat trend pattern. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2021, 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.
In 2021, approx. X ha of papayas were harvested in Asia; waning by -2.6% on 2020 figures. Overall, the harvested area, however, saw modest growth. The pace of growth was the most pronounced in 2016 when the harvested area increased by 10% against the previous year. Over the period under review, the harvested area dedicated to papaya production reached the maximum at X ha in 2020, and then reduced in the following year.
Papaya Exports
Exports in Asia
In 2021, the amount of papayas exported in Asia reduced to X tons, which is down by -5.7% on the year before. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 12% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.
In value terms, papaya exports shrank modestly to $X in 2021. Total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.6% against 2019 indices. The growth pace was the most rapid in 2013 when exports increased by 27%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
Exports by Country
The shipments of the four major exporters of papayas, namely Sri Lanka, Malaysia, China and India, represented more than two-thirds of total export. It was distantly followed by the Philippines (X tons), achieving a 5.6% share of total exports. Thailand (X tons) took a relatively small share of total exports.
From 2012 to 2021, the biggest increases were in Sri Lanka (with a CAGR of +20.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest papaya supplying countries in Asia were China ($X), Sri Lanka ($X) and Malaysia ($X), with a combined 68% share of total exports.
Among the main exporting countries, China, with a CAGR of +24.7%, saw 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
In 2021, the export price in Asia amounted to $X per ton, surging by 1.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2013 when the export price increased by 24% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was the Philippines ($X per ton), while India ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the other leaders experienced more modest paces of growth.
Papaya Imports
Imports in Asia
In 2021, papaya imports in Asia declined to X tons, which is down by -1.7% against 2020. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 14% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, papaya imports amounted to $X in 2021. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 9.2% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, the United Arab Emirates (X tons), distantly followed by Singapore (X tons), Qatar (X tons), China (X tons), Hong Kong SAR (X tons), Macao SAR (X tons) and Japan (X tons) represented the major importers of papayas, together comprising 84% of total imports.
From 2012 to 2021, the biggest increases were in Qatar (with a CAGR of +25.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest papaya importing markets in Asia were Singapore ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X), with a combined 58% share of total imports. Qatar, Japan, China and Macao SAR lagged somewhat behind, together comprising a further 27%.
Qatar, with a CAGR of +26.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in Asia amounted to $X per ton, increasing by 2.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 15% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.3%), while the other leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the papaya market in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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