Asia-Pacific: Papaya Market 2024

Papaya Market Size in Asia-Pacific

The Asia-Pacific papaya market shrank to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2018; afterwards, it flattened through to 2022.

Papaya Production in Asia-Pacific

In value terms, papaya production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

India (X tons) remains the largest papaya producing country in Asia-Pacific, accounting for X% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, Indonesia (X tons), sixfold. The third position in this ranking was taken by China (X tons), with a X% share.

In India, papaya production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and China (X% per year).

The average papaya yield declined slightly to X tons per ha in 2022, which is down by X% against the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the yield increased by X%. The level of yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the papaya harvested area in Asia-Pacific was estimated at X ha, approximately mirroring 2021. The harvested area 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 recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to papaya production attained the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Papaya Exports

Exports in Asia-Pacific

Papaya exports rose slightly to X tons in 2022, picking up by X% compared with the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, papaya exports stood at $X in 2022. Total exports indicated a noticeable increase 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, exports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Malaysia (X tons) and Sri Lanka (X tons) represented the largest exporters of papayas in Asia-Pacific, together amounting to approx. X% of total exports. India (X tons) held the next position in the ranking, followed by China (X tons) and the Philippines (X tons). All these countries together took near X% share of total exports. Thailand (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Sri Lanka (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and the Philippines ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Malaysia, Thailand and India lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 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 Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Papaya Imports

Imports in Asia-Pacific

In 2022, approx. X tons of papayas were imported in Asia-Pacific; jumping by X% against 2021. In general, imports, however, continue to indicate a mild decline. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, papaya imports expanded remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

Singapore represented the main importing country with an import of around X tons, which accounted for X% of total imports. Nepal (X tons) held the second position in the ranking, distantly followed by China (X tons). All these countries together took near X% share of total imports. Hong Kong SAR (X tons), Brunei Darussalam (X tons), Maldives (X tons), Macao SAR (X tons), Japan (X tons) and New Zealand (X tons) took a relatively small share of total imports.

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, Maldives (X%), Nepal (X%), China (X%), Brunei Darussalam (X%) and Macao SAR (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, New Zealand (X%), Hong Kong SAR (X%) and Japan (X%) illustrated a downward trend over the same period. Nepal (X p.p.), China (X p.p.), Maldives (X p.p.), Brunei Darussalam (X p.p.) and Macao SAR (X p.p.) significantly strengthened its position in terms of the total imports, while Japan, Hong Kong SAR and Singapore saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Hong Kong SAR ($X) and China ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Nepal, Japan, New Zealand, Maldives, Macao SAR and Brunei Darussalam lagged somewhat behind, together comprising a further X%.

Maldives, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 Asia-Pacific amounted to $X per ton, which is down by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 Hong Kong SAR ($X per ton), while Nepal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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