South-Eastern Asia: Orange Market 2024

Orange Market Size in South-Eastern Asia

The Southeast Asian orange market was estimated at $X in 2022, growing by X% against the previous year. The market value 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. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Orange Production in South-Eastern Asia

In value terms, orange production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The country with the largest volume of orange production was Indonesia (X tons), accounting for X% of total volume. Moreover, orange production in Indonesia exceeded the figures recorded by the second-largest producer, Vietnam (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Indonesia amounted to X%. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Thailand (X% per year).

In 2022, the average orange yield in South-Eastern Asia stood at X tons per ha, remaining stable against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of oranges were harvested in South-Eastern Asia; remaining stable against 2021. The harvested area 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 most prominent rate of growth was recorded in 2016 with an increase of X%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Orange Exports

Exports in South-Eastern Asia

Orange exports declined to X tons in 2022, shrinking by X% on 2021. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, orange exports expanded sharply to $X in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Malaysia (X tons) and Singapore (X tons) represented roughly X% of total exports in 2022. Thailand (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Myanmar (X%). Indonesia (X tons) took a relatively small 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 Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest orange supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports. Myanmar and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

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 Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Orange Imports

Imports in South-Eastern Asia

Orange imports stood at X tons in 2022, flattening at the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, orange imports expanded markedly to $X in 2022. The total import 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 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 in 2022 and are expected to retain growth in the near future.

Imports by Country

Malaysia was the major importing country with an import of about X tons, which finished at X% of total imports. Vietnam (X tons) held the second position in the ranking, followed by Singapore (X tons), the Philippines (X tons) and Indonesia (X tons). All these countries together held approx. X% share of total imports. The following importers - Myanmar (X tons) and Thailand (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to orange imports into Malaysia stood at X%. At the same time, Vietnam (X%) and Myanmar (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, the Philippines (X%), Thailand (X%) and Indonesia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand, Singapore, the Philippines and Indonesia saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) constitutes the largest market for imported oranges in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Malaysia stood at X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing 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 2013 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

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 Indonesia ($X per ton), while Myanmar ($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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