Southern Asia: Vinegar-Preserved Vegetable Market 2024

Vinegar-Preserved Vegetable Market Size in Southern Asia

In 2022, after two years of decline, there was significant growth in the South Asian vinegar-preserved vegetable market, when its value increased by X% to $X. In general, consumption recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Vinegar-Preserved Vegetable Production in Southern Asia

In value terms, vinegar-preserved vegetable production amounted to $X in 2022 estimated in export price. The total production indicated prominent 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Vinegar-Preserved Vegetable Exports

Exports in Southern Asia

In 2022, after two years of growth, there was decline in overseas shipments of vegetables in vinegar other than potatoes, when their volume decreased by X% to X tons. Overall, exports recorded a mild setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, vinegar-preserved vegetable exports shrank to $X in 2022. The total export 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. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

India dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. Sri Lanka (X tons) and Pakistan (X tons) followed a long way behind the leaders.

Exports from India decreased at an average annual rate of X% from 2012 to 2022. Sri Lanka experienced a relatively flat trend pattern. Pakistan (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price 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. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then declined slightly in the following year.

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 Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

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

Vinegar-Preserved Vegetable Imports

Imports in Southern Asia

In 2022, supplies from abroad of vegetables in vinegar other than potatoes increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vinegar-preserved vegetable imports contracted slightly to $X in 2022. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Pakistan (X tons) and India (X tons) represented roughly X% of total imports in 2022. Nepal (X tons) took the next position in the ranking, distantly followed by Maldives (X tons) and Bangladesh (X tons). All these countries together took approx. X% share of total imports. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), India ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Pakistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a mild slump. The growth pace was the most rapid in 2019 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 ($X per ton), while Nepal ($X per ton) was 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 a decline in the import price figures.

Source: IndexBox Platform

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