Report Asia - Vegetable - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Vegetable Market 2022

Vegetable Market Size in Asia

In 2021, after two years of growth, there was decline in the Asian vegetable market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then fell in the following year.

Vegetable Production in Asia

In value terms, vegetable production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020, and then dropped slightly in the following year.

The country with the largest volume of vegetable production was China (X tons), accounting for X% of total volume. Moreover, vegetable production in China exceeded the figures recorded by the second-largest producer, India (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Turkey (+X% per year).

The average vegetable yield declined slightly to X tons per ha in 2021, with a decrease of -X% against 2020 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2020, and then shrank modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable harvested area reached X ha in 2021, therefore, remained relatively stable against the previous year's figure. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of harvested area peaked in 2021 and is expected to retain growth in years to come.

Vegetable Exports

Exports in Asia

In 2021, shipments abroad of vegetables decreased by -X% to X tons, falling for the second consecutive year after three years of growth. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, vegetable exports reduced to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) was the key exporter of vegetables, creating X% of total exports. India (X tons) took the second position in the ranking, distantly followed by Turkey (X tons) and Pakistan (X tons). All these countries together held near X% share of total exports. Iran (X tons), Jordan (X tons), Afghanistan (X tons), Uzbekistan (X tons), Israel (X tons), Azerbaijan (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to vegetable exports from China stood at +X%. At the same time, Afghanistan (+X%), Azerbaijan (+X%), Pakistan (+X%), Uzbekistan (+X%), Iran (+X%), India (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Malaysia (-X%), Jordan (-X%) and Israel (-X%) illustrated a downward trend over the same period. Pakistan (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest vegetable supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Turkey (-X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, standing approx. at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was Israel ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Afghanistan (+X%), while the other leaders experienced more modest paces of growth.

Vegetable Imports

Imports in Asia

In 2021, approx. X tons of vegetables were imported in Asia; waning by -X% on 2020 figures. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, vegetable imports declined modestly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020, and then reduced in the following year.

Imports by Country

The countries with the highest levels of vegetable imports in 2021 were Malaysia (X tons), Hong Kong SAR (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Iraq (X tons), Indonesia (X tons), Japan (X tons), Thailand (X tons), Bangladesh (X tons), Singapore (X tons), Kuwait (X tons) and Sri Lanka (X tons), together recording X% of total import. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Iraq (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable importing markets in Asia were Hong Kong SAR ($X), Indonesia ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by Malaysia, the United Arab Emirates, Saudi Arabia, Singapore, Iraq, Thailand, Kuwait, Bangladesh, Sri Lanka and Nepal, which together accounted for a further X terms of the main importing countries, Iraq, with a CAGR of +X%, 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

In 2021, the import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while Nepal ($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 (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetables in Asia?
+
China remains the largest vegetable consuming country in Asia, accounting for 63% of total volume. Moreover, vegetable consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. Turkey ranked third in terms of total consumption with a 2.8% share.
What are the largest producers of vegetables in Asia?
+
China remains the largest vegetable producing country in Asia, comprising approx. 63% of total volume. Moreover, vegetable production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Turkey ranked third in terms of total production with a 2.9% share.
What are the leading suppliers of vegetables in Asia?
+
In value terms, China remains the largest vegetable supplier in Asia, comprising 55% of total exports. The second position in the ranking was taken by India, with an 8.1% share of total exports. It was followed by Turkey, with an 8% share.
What are the leading importers of vegetables in Asia?
+
In value terms, Hong Kong SAR, Indonesia and Japan were the countries with the highest levels of imports in 2021, together accounting for 31% of total imports. Malaysia, the United Arab Emirates, Saudi Arabia, Singapore, Iraq, Thailand, Kuwait, Bangladesh, Sri Lanka and Nepal lagged somewhat behind, together accounting for a further 43%.
What is the average export price for vegetables in Asia?
+
In 2021, the export price in Asia amounted to $665 per ton, approximately reflecting the previous year.
What is the average import price for vegetables in Asia?
+
The import price in Asia stood at $611 per ton in 2021, growing by 3% against the previous year.

This report provides an in-depth analysis of the vegetable 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.


Product coverage:
• FCL 116 - Potatoes
• FCL 388 - Tomatoes, fresh
• FCL 402 - Onions, shallots (green)
• FCL 403 - Onions, dry
• FCL 406 - Garlic
• FCL 407 - Leeks and other alliaceous vegetables
• FCL 393 - Cauliflowers and broccoli
• FCL 372 - Lettuce and chicory
• FCL 426 - Carrot
• FCL 397 - Cucumbers and gherkins
• FCL 417 - Peas, green
• FCL 414 - Beans, green
• FCL 423 - String Beans
• FCL 367 - Asparagus
• FCL 399 - Eggplants
• FCL 401 - Chillies and peppers (green)
• FCL 373 - Spinach
• FCL 260 - Olives
• FCL 394 - Pumpkins, squash and gourds
• FCL 463 - Vegetables, Fresh n.e.s.
• FCL 446 - Green Corn (Maize)
• FCL 430 - Okra
• FCL 394 - Pumpkins, squash and gourds
• FCL 378 - Cassava leaves
• FCL 366 - Artichokes
• FCL 260 - Olives
• FCL 358 - Cabbages
• FCL 449 - Mushrooms
• FCL 366 - Artichokes
Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Harvested Area, By Country, 2012–2021
Table 7:
Yield, By Country, 2012–2021
Table 8:
Imports, In Physical Terms, By Country, 2012–2021
Table 9:
Imports, In Value Terms, By Country, 2012–2021
Table 10:
Import Prices, By Country Of Destination, 2012–2021
Table 11:
Exports, In Physical Terms, By Country, 2012–2021
Table 12:
Exports, In Value Terms, By Country, 2012–2021
Table 13:
Export Prices, By Country Of Origin, 2012–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2021
Figure 18:
Production, In Value Terms, 2012–2021
Figure 19:
Area Harvested, 2012–2021
Figure 20:
Yield, 2012–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2012–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2012–2021
Figure 25:
Yield, By Country, 2012–2021
Figure 26:
Imports, In Physical Terms, 2012–2021
Figure 27:
Imports, In Value Terms, 2012–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2012–2021
Figure 30:
Imports, In Value Terms, By Country, 2012–2021
Figure 31:
Import Prices, By Country, 2012–2021
Figure 32:
Exports, In Physical Terms, 2012–2021
Figure 33:
Exports, In Value Terms, 2012–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2012–2021
Figure 36:
Exports, In Value Terms, By Country, 2012–2021
Figure 37:
Export Prices, 2012–2021
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