South-Eastern Asia: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in South-Eastern Asia

The Southeast Asian peach and nectarine market dropped modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, saw a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank slightly in the following year.

Peach And Nectarine Production in South-Eastern Asia

In value terms, peach and nectarine production rose modestly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Myanmar (X tons) constituted the country with the largest volume of peach and nectarine production, accounting for X% of total volume. Moreover, peach and nectarine production in Myanmar exceeded the figures recorded by the second-largest producer, Indonesia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Myanmar amounted to X%.

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Peach And Nectarine Exports

Exports in South-Eastern Asia

Peach and nectarine exports expanded remarkably to X tons in 2022, picking up by X% compared with the year before. In general, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, peach and nectarine exports reached $X in 2022. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Myanmar (X tons) was the key exporter of peaches and nectarines, creating X% of total exports. It was distantly followed by Singapore (X tons), Thailand (X tons), Vietnam (X tons) and Malaysia (X tons), together mixing up 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 Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the export price continues to indicate a mild downturn. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood 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 Thailand (X%), while the other leaders experienced more modest paces of growth.

Peach And Nectarine Imports

Imports in South-Eastern Asia

In 2022, imports of peaches and nectarines in South-Eastern Asia contracted to X tons, waning by X% on 2021 figures. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, peach and nectarine imports reduced slightly to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. 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 in 2021, and then reduced slightly in the following year.

Imports by Country

In 2022, Singapore (X tons), Vietnam (X tons), Malaysia (X tons) and Thailand (X tons) represented the major importer of peaches and nectarines in South-Eastern Asia, creating X% of total import. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

In Singapore, peach and nectarine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (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, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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 ($X per ton), while Vietnam ($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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