Eastern Asia: Apple Market 2024

Apple Market Size in Eastern Asia

In 2023, after six years of growth, there was decline in the East Asian apple market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2022, and then shrank modestly in the following year.

Apple Production in Eastern Asia

In value terms, apple production stood at $X in 2023 estimated in export price. The total production indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

China (X tons) remains the largest apple producing country in Eastern Asia, accounting for X% of total volume. It was followed by Democratic People's Republic of Korea (X tons), with a X% share of total production.

From 2012 to 2023, the average annual growth rate of volume in China amounted to X%.

In 2023, the average yield of apples in Eastern Asia shrank modestly to X tons per ha, approximately reflecting the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of yield peaked at X tons per ha in 2022, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apple harvested area shrank modestly to X ha in 2023, remaining constant against 2022. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the harvested area dedicated to apple production reached the peak figure at X ha in 2015; however, from 2016 to 2023, the harvested area stood at a somewhat lower figure.

Apple Exports

Exports in Eastern Asia

In 2023, shipments abroad of apples decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports showed a slight descent. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, apple exports fell slightly to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, recording X tons, which was near X% of total exports in 2023. It was distantly followed by Japan (X tons), achieving a X% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to apple exports from China stood at X%. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Japan increased by X percentage points.

In value terms, China ($X) remains the largest apple supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports.

In China, apple exports remained relatively stable over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Apple Imports

Imports in Eastern Asia

Apple imports totaled X tons in 2023, approximately reflecting 2022 figures. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2023, imports remained at a lower figure.

In value terms, apple imports dropped modestly to $X in 2023. Total imports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) were the major importers of apples in Eastern Asia, together constituting X% of total imports. It was distantly followed by China (X tons), achieving a X% share of total imports. The following importers - Japan (X tons) and Macao SAR (X tons) - each recorded a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apple importing markets in Eastern Asia were Taiwan (Chinese) ($X), Hong Kong SAR ($X) and China ($X), with a combined X% share of total imports. Japan and Macao SAR lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Macao SAR, with a CAGR of X%, recorded 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

In 2023, the import price in Eastern Asia amounted to $X per ton, approximately mirroring the previous year. Import price indicated a notable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, apple import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2022, and then contracted modestly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Macao SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform