Eastern Asia: Berry Market 2024

Berry Market Size in Eastern Asia

For the fifth consecutive year, the East Asian berry market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Berry Production in Eastern Asia

In value terms, berry production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of berry production was China (X tons), accounting for X% of total volume. Moreover, berry production in China exceeded the figures recorded by the second-largest producer, South Korea (X tons), more than tenfold.

In China, berry production increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

In 2022, the average berry yield in Eastern Asia amounted to X tons per ha, approximately equating 2021. Overall, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2021 to 2022, the growth of the berry yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the berry harvested area in Eastern Asia reduced modestly to X ha, approximately mirroring the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to berry production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

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Berry Exports

Exports in Eastern Asia

In 2022, after four years of growth, there was decline in shipments abroad of berries, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, berry exports skyrocketed to $X in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The shipments of the one major exporters of berries, namely Hong Kong SAR, represented more than two-thirds of total export.

Hong Kong SAR was also the fastest-growing in terms of the berries exports, with a CAGR of X% from 2012 to 2022. While the share of Hong Kong SAR (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) also remains the largest berry supplier in Eastern Asia.

In Hong Kong SAR, berry exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to X% per year.

Berry Imports

Imports in Eastern Asia

In 2022, approx. X tons of berries were imported in Eastern Asia; approximately equating the previous year's figure. Over the period under review, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted slightly in the following year.

In value terms, berry imports rose notably to $X in 2022. In general, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

China represented the major importer of berries in Eastern Asia, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Hong Kong SAR (X tons), comprising a X% share of total imports. The following importers - Taiwan (Chinese) (X tons) and South Korea (X tons) - each resulted at a X% share of total imports.

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

In value terms, the largest berry importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports.

In terms of the main importing countries, China, 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 2022, the import price in Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 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 South Korea ($X per ton), while Hong Kong SAR ($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.

Source: IndexBox Platform

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