Asia-Pacific: Dried Prune Market 2024

Dried Prune Market Size in Asia-Pacific

The Asia-Pacific dried prune market rose sharply to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate slight growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Dried Prune Production in Asia-Pacific

In value terms, dried prune production rose notably to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Dried Prune Exports

Exports in Asia-Pacific

For the third year in a row, Asia-Pacific recorded growth in overseas shipments of dried prunes, which increased by X% to X tons in 2022. Overall, exports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) and Hong Kong SAR (X tons) represented the major exporters of dried prunes in 2022, recording near X% and X% of total exports, respectively. Australia (X tons) took the next position in the ranking, followed by Afghanistan (X tons). All these countries together held near X% share of total exports. Vietnam (X tons), Taiwan (Chinese) (X tons) and Singapore (X tons) took a little 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 Afghanistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Australia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Dried Prune Imports

Imports in Asia-Pacific

In 2022, approx. X tons of dried prunes were imported in Asia-Pacific; with an increase of X% compared with 2021 figures. Total imports indicated a modest 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, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dried prune imports soared to $X in 2022. Total imports indicated measured 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, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) represented the main importer of dried prunes, achieving X% of total imports. It was distantly followed by Pakistan (X tons), Japan (X tons) and Vietnam (X tons), together creating a X% share of total imports. Australia (X tons), India (X tons), South Korea (X tons), Malaysia (X tons), New Zealand (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dried prune imports into China stood at X%. At the same time, Pakistan (X%), India (X%), Vietnam (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Australia experienced a relatively flat trend pattern. By contrast, New Zealand (X%), Taiwan (Chinese) (X%), Malaysia (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Pakistan (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Australia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. New Zealand, South Korea, Vietnam, Pakistan, India, Malaysia and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to 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 Asia-Pacific stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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