Asia: Quince Market 2024

Quince Market Size in Asia

The Asian quince market contracted modestly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Quince Production in Asia

In value terms, quince production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were Turkey (X tons), China (X tons) and Uzbekistan (X tons), with a combined X% share of total production. Iran and Azerbaijan lagged somewhat behind, together accounting for a further X%.

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

In 2022, the average quince yield in Asia amounted to X tons per ha, remaining relatively unchanged against the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the yield attained the peak level of X tons per ha; afterwards, it flattened through to 2022. 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 quinces production in Asia reached X ha, therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Quince Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in overseas shipments of quinces, when their volume decreased by X% to X tons. In general, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, quince exports shrank to $X in 2022. Overall, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Azerbaijan (X tons), creating a X% share of total exports. Syrian Arab Republic (X tons) and Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to quince exports from Turkey stood at X%. At the same time, Syrian Arab Republic (X%), Azerbaijan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Azerbaijan, Syrian Arab Republic and Uzbekistan increased by X, X and X percentage points, respectively.

In value terms, Turkey ($X) remains the largest quince supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

In Turkey, quince exports increased at 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: Azerbaijan (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price showed a slight curtailment. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 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 Azerbaijan ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

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

Quince Imports

Imports in Asia

In 2022, overseas purchases of quinces were finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, quince imports expanded markedly to $X in 2022. Over the period under review, imports, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of quince imports in 2022 were Georgia (X tons), Iraq (X tons), Israel (X tons) and Oman (X tons), together recording X% of total import. Saudi Arabia (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%) and the United Arab Emirates (X%). Syrian Arab Republic (X tons) held a little share of total imports.

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

In value terms, Israel ($X) constitutes the largest market for imported quinces in Asia, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by Iraq, with a X% share.

In Israel, quince imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Saudi Arabia (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, waning by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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