Eastern Asia: Market for Tree, flower and other seeds, fruits and spores for sowing 2024

Market Size for Tree, flower and other seeds, fruits and spores for sowing in Eastern Asia

In 2022, the East Asian market for tree, flower and other seeds, fruits and spores for sowing decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The total consumption indicated a tangible expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Tree, flower and other seeds, fruits and spores for sowing in Eastern Asia

In value terms, production of tree, flower and other seeds, fruits and spores for sowing totaled $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with a decrease of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Exports of Tree, flower and other seeds, fruits and spores for sowing

Exports in Eastern Asia

In 2022, shipments abroad of tree, flower and other seeds, fruits and spores for sowing decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tree, flower and other seeds, fruits and spores for sowing dropped rapidly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2021, and then dropped significantly in the following year.

Exports by Country

China was the major exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons) and Japan (X tons), together making up an X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of tree, flower and other seeds, fruits and spores for sowing. Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points.

In value terms, Taiwan (Chinese) ($X) remains the largest tree, flower and other seeds, fruits and spores for sowing supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Taiwan (Chinese) stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

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. In general, the export price, however, recorded a moderate expansion. 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 reached the maximum at $X per ton in 2021, and then declined remarkably in the following year.

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 Taiwan (Chinese) ($X per ton), while China ($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 mixed trends in the export price figures.

Imports of Tree, flower and other seeds, fruits and spores for sowing

Imports in Eastern Asia

In 2022, overseas purchases of tree, flower and other seeds, fruits and spores for sowing decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tree, flower and other seeds, fruits and spores for sowing dropped sharply to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the key importer of tree, flower and other seeds, fruits and spores for sowing, creating X% of total imports. Taiwan (Chinese) (X tons) took the second position in the ranking, distantly followed by Japan (X tons) and South Korea (X tons). All these countries together took near X% share of total imports.

China was also the fastest-growing in terms of the tree, flower and other seeds, fruits and spores for sowing imports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) experienced a relatively flat trend pattern. South Korea (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Taiwan (Chinese) and Japan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported tree, flower and other seeds, fruits and spores for sowing in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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