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

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Vegetable Market Size in Eastern Asia

For the tenth consecutive year, the East Asian vegetable market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. The level of consumption peaked in 2019 and is likely to see gradual growth in the immediate term.

Vegetable Production in Eastern Asia

In value terms, vegetable production stood at $X in 2019 estimated in export prices. The total production indicated a tangible increase 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 2008 indices. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2019 and is likely to see steady growth in the immediate term.

China (X tonnes) constituted the country with the largest volume of vegetable production, comprising approx. X% of total volume. It was followed by Japan (X tonnes), with a X% share of total production.

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

The average vegetable yield was estimated at X tonnes per ha in 2019, remaining stable against 2018 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2008 when the yield increased by X% against the previous year. The level of yield peaked in 2019 and is likely to see steady growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the total area harvested in terms of vegetables production in Eastern Asia totaled X ha, remaining stable against the previous year's figure. The harvested area increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to vegetable production attained the peak figure in 2019 and is likely to continue growth in the near future.

Production By Country in Eastern Asia

The country with the largest volume of vegetable production was China (X tonnes), accounting for X% of total volume. It was followed by Japan (X tonnes), with a X% share of total production.

In China, vegetable production expanded at an average annual rate of +X% over the period from 2007-2019.

Vegetable Exports

Exports in Eastern Asia

In 2019, vegetable exports in Eastern Asia expanded remarkably to X tonnes, with an increase of X% on 2018 figures. Total exports indicated buoyant growth from 2007 to 2019: its volume 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, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in the immediate term.

In value terms, vegetable exports expanded significantly to $X in 2019. Overall, exports posted a strong increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2017; however, from 2018 to 2019, exports remained at a lower figure.

Exports by Country

China prevails in vegetable exports structure, accounting for X tonnes, which was approx. X% of total exports in 2019. South Korea (X tonnes) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2019. 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. From 2007 to 2019, the share of China increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, vegetable exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

In 2019, the vegetable export price in Eastern Asia amounted to $X per tonne, picking up by X% against the previous year. Export price indicated a temperate expansion from 2007 to 2019: its price 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, vegetable export price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the export prices remained at a lower figure.

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.

Vegetable Imports

Imports in Eastern Asia

In 2019, supplies from abroad of vegetables decreased by -X% to X tonnes, falling for the third consecutive year after three years of growth. Total imports indicated a notable expansion from 2007 to 2019: its volume 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, imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, vegetable imports contracted to $X in 2019. Total imports indicated a pronounced increase 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, imports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2019, imports remained at a lower figure.

Imports by Country

China, Hong Kong SAR (X tonnes) and Japan (X tonnes) represented the largest importers of vegetables in 2019, resulting at approx. X% and X% of total imports, respectively. South Korea (X tonnes) took an X% share (based on tonnes) of total imports, which put it in second place, followed by Taiwan, Chinese (X%) and China (X%). China, Macao SAR (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in China, Hong Kong SAR, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China, Hong Kong SAR ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2019, together comprising X% of total imports. Taiwan, Chinese, China and China, Macao SAR lagged somewhat behind, together comprising a further X terms of the main importing countries, China, Macao SAR 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 2019, the vegetable import price in Eastern Asia amounted to $X per tonne, rising 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 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was China, Macao SAR ($X per tonne), while China ($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, Macao 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 vegetables in Eastern Asia?
+
China (720M tonnes) remains the largest vegetable consuming country in Eastern Asia, accounting for 96% of total volume. It was followed by Japan (13M tonnes), with a 1.7% share of total consumption.
What are the largest producers of vegetables in Eastern Asia?
+
The country with the largest volume of vegetable production was China (726M tonnes), comprising approx. 96% of total volume. It was followed by Japan (12M tonnes), with a 1.6% share of total production.
What are the leading exporters of vegetables in Eastern Asia?
+
In value terms, China ($4.9B) remains the largest vegetable supplier in Eastern Asia, comprising 95% of total exports. The second position in the ranking was occupied by South Korea ($204M), with a 4% share of total exports.
What are the leading importers of vegetables in Eastern Asia?
+
In value terms, Japan ($817M), China, Hong Kong SAR ($559M) and South Korea ($182M) constituted the countries with the highest levels of imports in 2019, with a combined 86% share of total imports. Taiwan, Chinese, China and China, Macao SAR lagged somewhat behind, together comprising a further 14%.
What is the average export price for vegetables in Eastern Asia?
+
In 2019, the vegetable export price in Eastern Asia amounted to $775 per tonne, surging by 3.9% against the previous year.
What is the average import price for vegetables in Eastern Asia?
+
The vegetable import price in Eastern Asia stood at $727 per tonne in 2019, growing by 3.6% against the previous year.

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

This report provides an in-depth analysis of the 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, Hong Kong SAR
• 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
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 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:
Harvested Area, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
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:
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, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Area Harvested, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Harvested Area, By Country, 2019
Figure 24:
Harvested Area, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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