Asia-Pacific: Garlic Market 2024

Garlic Market Size in Asia-Pacific

The Asia-Pacific garlic market amounted to $X in 2023, stabilizing at the previous year. The total consumption indicated tangible 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, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2017 to 2023, the growth of the market failed to regain momentum.

Garlic Production in Asia-Pacific

In value terms, garlic production rose slightly to $X in 2023 estimated in export price. Overall, production, however, saw temperate growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production growth failed to regain momentum.

The country with the largest volume of garlic production was China (X tons), accounting for X% of total volume. Moreover, garlic production in China exceeded the figures recorded by the second-largest producer, India (X tons), sevenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume in China totaled X%. In the other countries, the average annual rates were as follows: India (X% per year) and Bangladesh (X% per year).

The average garlic yield reduced slightly to X tons per ha in 2023, leveling off at the previous year's figure. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the yield increased by X% against the previous year. The level of yield peaked at X tons per ha in 2015; however, from 2016 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of garlic production in Asia-Pacific contracted slightly to X ha, approximately equating the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to garlic production attained the peak figure at X ha in 2022, and then contracted in the following year.

Garlic Exports

Exports in Asia-Pacific

Garlic exports expanded to X tons in 2023, growing by X% against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, garlic exports skyrocketed to $X in 2023. Total exports indicated prominent 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. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, finishing at X tons, which was near X% of total exports in 2023. India (X tons) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to garlic exports from China stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2023. China (X p.p.) significantly weakened 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, China ($X) remains the largest garlic supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

In China, garlic exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices failed to regain momentum.

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 China ($X per ton), while India stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Garlic Imports

Imports in Asia-Pacific

Garlic imports reached X tons in 2023, surging by X% compared with 2022 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, garlic imports rose modestly to $X in 2023. Over the period under review, imports posted resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in years to come.

Imports by Country

Indonesia represented the largest importer of garlic in Asia-Pacific, with the volume of imports recording X tons, which was approx. X% of total imports in 2023. Malaysia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%), Thailand (X%) and Vietnam (X%). Pakistan (X tons), India (X tons), Sri Lanka (X tons), Japan (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to garlic imports into Indonesia stood at X%. At the same time, India (X%), Vietnam (X%), Bangladesh (X%), Malaysia (X%), Thailand (X%), Pakistan (X%), Sri Lanka (X%), Singapore (X%) and Japan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Vietnam, Malaysia, India and Bangladesh increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported garlic in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by Vietnam, with an X% share.

In Indonesia, garlic imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, almost unchanged from the previous year. Import price indicated a pronounced expansion from 2012 to 2023: its price 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, garlic import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2023, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform