South-Eastern Asia: Fruit Market 2024

Fruit Market Size in South-Eastern Asia

The Southeast Asian fruit market was estimated at $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Fruit Production in South-Eastern Asia

In value terms, fruit production expanded slightly to $X in 2022 estimated in export price. The total output 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 throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Indonesia (X tons), the Philippines (X tons) and Vietnam (X tons), with a combined X% share of total production. Thailand, Myanmar, Malaysia and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average fruit yield reached X tons per ha in 2022, remaining stable against the previous year's figure. 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 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the fruit harvested area in South-Eastern Asia stood at X ha, approximately mirroring 2021. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Fruit Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of fruits decreased by X% to X tons, falling for the third year in a row after four years of growth. Total exports indicated modest growth 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 most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, fruit exports dropped to $X in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Thailand (X tons) and the Philippines (X tons) represented roughly X% of total exports in 2022. Vietnam (X tons) held the next position in the ranking, distantly followed by Cambodia (X tons). All these countries together took approx. X% share of total exports. The following exporters - Myanmar (X tons), Lao People's Democratic Republic (X tons) and Malaysia (X tons) - each accounted for a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest fruit supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by the Philippines, with an X% share.

In Thailand, fruit exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then contracted modestly 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 Thailand ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

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

Fruit Imports

Imports in South-Eastern Asia

After seven years of growth, supplies from abroad of fruits decreased by X% to X tons in 2022. The total import volume 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 pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, fruit imports reached $X in 2022. Total imports indicated a buoyant 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 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Indonesia (X tons), Malaysia (X tons), Thailand (X tons), Vietnam (X tons), Singapore (X tons) and the Philippines (X tons) represented roughly X% of total imports in 2022. Brunei Darussalam (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, the Philippines, Singapore and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Brunei Darussalam ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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