Southern Asia: Apple Juice Market 2024

Apple Juice Market Size in Southern Asia

The South Asian apple juice market rose rapidly to $X in 2022, surging by X% against the previous year. The total consumption indicated a moderate expansion 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Apple Juice Production in Southern Asia

In value terms, apple juice production surged to $X in 2022 estimated in export price. Overall, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Apple Juice Exports

Exports in Southern Asia

In 2022, shipments abroad of apple juice (single strength) increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a pronounced contraction. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, apple juice exports surged to $X in 2022. In general, exports, however, continue to indicate a abrupt decline. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of apple juice (single strength), namely Nepal, represented more than two-thirds of total export.

Nepal was also the fastest-growing in terms of the apple juice (single strength) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Nepal ($X) also remains the largest apple juice supplier in Southern Asia.

In Nepal, apple juice exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to X% per year.

Apple Juice Imports

Imports in Southern Asia

In 2022, the amount of apple juice (single strength) imported in Southern Asia expanded to X tons, rising by X% compared with the previous year. Overall, imports posted a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, apple juice imports rose notably to $X in 2022. Over the period under review, imports continue to indicate a slight expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Maldives represented the major importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Bangladesh (X tons) and Sri Lanka (X tons), together committing a X% share of total imports. The following importers - Afghanistan (X tons) and India (X tons) - each recorded a X% share of total imports.

Maldives was also the fastest-growing in terms of the apple juice (single strength) imports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%), Sri Lanka (X%) and Bangladesh (X%) displayed positive paces of growth. By contrast, Afghanistan (X%) illustrated a downward trend over the same period. Maldives (X p.p.), Sri Lanka (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Afghanistan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Maldives ($X) constitutes the largest market for imported apple juice (single strength) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Maldives stood at X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Maldives ($X per ton) and India ($X per ton), while Afghanistan ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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