Southern Asia: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Southern Asia

The South Asian peach and nectarine market rose to $X in 2022, with an increase of X% against the previous year. The total consumption indicated moderate growth 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. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Peach And Nectarine Production in Southern Asia

In value terms, peach and nectarine production reached $X in 2022 estimated in export price. The total production 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

India (X tons) constituted the country with the largest volume of peach and nectarine production, comprising approx. X% of total volume. Moreover, peach and nectarine production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), threefold. The third position in this ranking was held by Afghanistan (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India stood at X%. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and Afghanistan (X% per year).

The average peach and nectarine yield was estimated at X tons per ha in 2022, standing approx. at 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. Over the period under review, the peach and nectarine yield hit record highs at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat 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 peaches and nectarines production in Southern Asia reduced to X ha, remaining constant against the year before. 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 being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the harvested area dedicated to peach and nectarine production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

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Peach And Nectarine Exports

Exports in Southern Asia

In 2022, overseas shipments of peaches and nectarines were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports enjoyed a noticeable expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, peach and nectarine exports skyrocketed to $X in 2022. In general, exports, however, showed a mild contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X tons) represented roughly X% of total exports in 2022.

Afghanistan was also the fastest-growing in terms of the peaches and nectarines exports, with a CAGR of X% from 2012 to 2022. Afghanistan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) also remains the largest peach and nectarine supplier in Southern Asia.

In Afghanistan, peach and nectarine exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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

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

Peach And Nectarine Imports

Imports in Southern Asia

Peach and nectarine imports surged to X tons in 2022, increasing by X% compared with the year before. Over the period under review, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, peach and nectarine imports soared to $X in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Afghanistan represented the major importer of peaches and nectarines in Southern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2022. India (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Maldives (X%).

Imports into Afghanistan increased at an average annual rate of X% from 2012 to 2022. At the same time, Maldives (X%) and India (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 India (X p.p.) and Maldives (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (X p.p.) displayed negative dynamics.

In value terms, the largest peach and nectarine importing markets in Southern Asia were Afghanistan ($X), Maldives ($X) and India ($X), together accounting for X% of total imports.

Maldives, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw a strong expansion. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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