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Eastern Asia - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Canned Vegetable Market Overview 2020

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Canned Vegetable Market Size in Eastern Asia

The East Asian canned vegetable market amounted to $X in 2019, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in the near future.

Canned Vegetable Production in Eastern Asia

In value terms, canned vegetable production expanded notably to $X in 2019 estimated in export prices. The total production indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2012 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2019 and is likely to see gradual growth in the immediate term.

Production By Country in Eastern Asia

China (X tonnes) remains the largest canned vegetable producing country in Eastern Asia, accounting for X% of total volume. Moreover, canned vegetable production in China exceeded the figures recorded by the second-largest producer, Taiwan, Chinese (X tonnes), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Canned Vegetable Exports

Exports in Eastern Asia

In 2019, overseas shipments of canned vegetables increased by X% to X tonnes, rising for the fourth year in a row after three years of decline. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. The volume of export peaked in 2019 and is expected to retain growth in the near future.

In value terms, canned vegetable exports rose remarkably to $X in 2019. Overall, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in years to come.

Exports by Country

China dominates canned vegetable exports structure, finishing at X tonnes, which was near X% of total exports in 2019. South Korea (X tonnes) took a little share of total exports.

From 2007 to 2019, average annual rates of growth with regard to canned vegetable exports from China stood at +X%. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +X% from 2007-2019. While the share of China (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2019, the average annual rate of growth in terms of value in China amounted to +X%.

Export Prices by Country

The canned vegetable export price in Eastern Asia stood at $X per tonne in 2019, surging by X% against the previous year. Export price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, canned vegetable export price increased by +X% against 2012 indices. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The level of export peaked in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was South Korea ($X per tonne), while China amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Canned Vegetable Imports

Imports in Eastern Asia

In 2019, overseas purchases of canned vegetables increased by X% to X tonnes, rising for the fifth year in a row after three years of decline. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, canned vegetable imports shrank to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. The level of import peaked at $X in 2018, and then declined modestly in the following year.

Imports by Country

South Korea (X tonnes) and Japan (X tonnes) prevails in canned vegetable imports structure, together making up X% of total imports. Taiwan, Chinese (X tonnes) ranks next in terms of the total imports with a X% share, followed by China, Hong Kong SAR (X%).

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China, Hong Kong SAR, while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported canned vegetables in Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Japan stood at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

In 2019, the canned vegetable import price in Eastern Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China, Hong Kong SAR ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for canned vegetables in Eastern Asia?
+
The countries with the highest volumes of canned vegetable consumption in 2019 were South Korea (444K tonnes), China (431K tonnes) and Taiwan, Chinese (390K tonnes), with a combined 74% share of total consumption. Japan and China, Hong Kong SAR lagged somewhat behind, together accounting for a further 25%.
What are the largest producers of canned vegetables in Eastern Asia?
+
China (1.6M tonnes) constituted the country with the largest volume of canned vegetable production, accounting for 81% of total volume. Moreover, canned vegetable production in China exceeded the figures recorded by the second-largest producer, Taiwan, Chinese (331K tonnes), fivefold.
What are the leading exporters of canned vegetables in Eastern Asia?
+
In value terms, China ($2.4B) remains the largest canned vegetable supplier in Eastern Asia, comprising 92% of total exports. The second position in the ranking was occupied by South Korea ($118M), with a 4.6% share of total exports.
What are the leading importers of canned vegetables in Eastern Asia?
+
In value terms, Japan ($711M) constitutes the largest market for imported canned vegetables in Eastern Asia, comprising 59% of total imports. The second position in the ranking was occupied by South Korea ($286M), with a 24% share of total imports. It was followed by China, Hong Kong SAR, with a 12% share.
What is the average export price for canned vegetables in Eastern Asia?
+
The canned vegetable export price in Eastern Asia stood at $2,116 per tonne in 2019, increasing by 6.9% against the previous year.
What is the average import price for canned vegetables in Eastern Asia?
+
In 2019, the canned vegetable import price in Eastern Asia amounted to $1,251 per tonne, reducing by -4.4% against the previous year.

Product coverage:
• FCL 472 - Vegetables, Preserved nes (O/T vinegar)

This report provides an in-depth analysis of the canned vegetable market in Eastern 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 2025.


Country coverage:
• China, Macao SAR
• Taiwan, Chinese
• Democratic People's Republic of Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
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 2007–2019
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

• China
• China, Hong Kong SAR
• China, Macao SAR
• Japan
• South Korea
• Taiwan, Chinese
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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