Eastern Asia: Cabbage Market 2024

Cabbage Market Size in Eastern Asia

The East Asian cabbage market totaled $X in 2022, increasing by X% against the previous year. The market 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 level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cabbage Production in Eastern Asia

In value terms, cabbage production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

In China, cabbage production expanded at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: South Korea (X% per year) and Japan (X% per year).

In 2022, the average cabbage yield in Eastern Asia totaled X tons per ha, remaining constant against the previous year. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X%. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2022, 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.

The cabbage harvested area declined slightly to X ha in 2022, stabilizing at the year before. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

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Cabbage Exports

Exports in Eastern Asia

In 2022, overseas shipments of cabbage and other brassicas decreased by X% to X tons, falling for the third consecutive year after three years of growth. Total exports indicated a moderate expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cabbage exports dropped remarkably to $X in 2022. Over the period under review, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then declined notably in the following year.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near X% of total exports in 2022. South Korea (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the cabbage and other brassicas exports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cabbage supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports.

In China, cabbage exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, with a decrease of 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 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank remarkably in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Cabbage Imports

Imports in Eastern Asia

In 2022, approx. X tons of cabbage and other brassicas were imported in Eastern Asia; reducing by X% compared with the previous year's figure. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cabbage imports fell notably to $X in 2022. Over the period under review, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Hong Kong SAR (X tons) represented the major importer of cabbage and other brassicas, constituting X% of total imports. It was distantly followed by Taiwan (Chinese) (X tons) and Macao SAR (X tons), together constituting a X% share of total imports. Japan (X tons) and South Korea (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cabbage imports into Hong Kong SAR stood at X%. At the same time, Macao SAR (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (X p.p.) and Macao SAR (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported cabbage and other brassicas in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Macao SAR, with a X% share.

In Hong Kong SAR, cabbage imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Macao SAR (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, 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.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hong Kong SAR ($X per ton) and South Korea ($X per ton), while Japan ($X per ton) and Macao SAR ($X per ton) were 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