Southern Asia: Papaya Market 2024

Papaya Market Size in Southern Asia

The South Asian papaya market declined modestly to $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Papaya Production in Southern Asia

In value terms, papaya production fell to $X in 2022 estimated in export price. The total production indicated a noticeable 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The country with the largest volume of papaya production was India (X tons), comprising approx. X% of total volume. It was followed by Bangladesh (X tons), with a X% share of total production.

In India, papaya production remained relatively stable over the period from 2012-2022.

The average papaya yield shrank modestly to X tons per ha in 2022, waning by X% against the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the papaya yield reached the peak level at X tons per ha in 2014; however, from 2015 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, the total area harvested in terms of papayas production in Southern Asia rose slightly to X ha, increasing by X% on 2021 figures. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to papaya production reached the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

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Papaya Exports

Exports in Southern Asia

In 2022, the amount of papayas exported in Southern Asia soared to X tons, rising by X% on the previous year. Total exports indicated a moderate increase 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 increased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, papaya exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka represented the major exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by India (X tons), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%).

In value terms, Sri Lanka ($X) remains the largest papaya supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sri Lanka amounted to X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, showed a mild reduction. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Papaya Imports

Imports in Southern Asia

For the seventh year in a row, Southern Asia recorded growth in supplies from abroad of papayas, which increased by X% to X tons in 2022. In general, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, papaya imports surged to $X in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Nepal represented the main importer of papayas in Southern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Maldives (X tons), comprising a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to papaya imports into Nepal stood at X%. At the same time, Maldives (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Maldives (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nepal (X p.p.) displayed negative dynamics.

In value terms, Nepal ($X) constitutes the largest market for imported papayas in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports.

In Nepal, papaya imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a measured expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Maldives ($X per ton), while Nepal stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%).

Source: IndexBox Platform

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