Eastern Asia: Cucumber And Gherkin Market 2024

Cucumber And Gherkin Market Size in Eastern Asia

The East Asian cucumber and gherkin market expanded modestly to $X in 2023, with an increase of X% against the previous year. In general, consumption, however, enjoyed a prominent increase. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Cucumber And Gherkin Production in Eastern Asia

In value terms, cucumber and gherkin production reached $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

The country with the largest volume of cucumber and gherkin production was China (X tons), comprising approx. X% of total volume.

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

In 2023, the average cucumber and gherkin yield in Eastern Asia shrank slightly to X tons per ha, approximately equating the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the cucumber and gherkin yield attained the peak level at X tons per ha in 2022, and then declined 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.

In 2023, the total area harvested in terms of cucumbers and gherkins production in Eastern Asia contracted to X ha, remaining relatively unchanged against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha, leveling off in the following year.

Cucumber And Gherkin Exports

Exports in Eastern Asia

In 2023, after five years of decline, there was growth in shipments abroad of cucumbers and gherkins, when their volume increased by X% to X tons. Over the period under review, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, cucumber and gherkin exports declined to $X in 2023. In general, exports enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of cucumbers and gherkins, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the cucumbers and gherkins exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest cucumber and gherkin supplier in Eastern Asia.

In China, cucumber and gherkin exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2022, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for China amounted to X% per year.

Cucumber And Gherkin Imports

Imports in Eastern Asia

After two years of growth, purchases abroad of cucumbers and gherkins decreased by X% to X tons in 2023. Overall, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, cucumber and gherkin imports fell to $X in 2023. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Hong Kong SAR prevails in imports structure, accounting for X tons, which was near X% of total imports in 2023. It was distantly followed by Macao SAR (X tons), generating a X% share of total imports.

Hong Kong SAR was also the fastest-growing in terms of the cucumbers and gherkins imports, with a CAGR of X% from 2012 to 2023. At the same time, Macao SAR (X%) displayed positive paces of growth. From 2012 to 2023, the share of Hong Kong SAR increased by X percentage points.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported cucumbers and gherkins in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Macao SAR ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Hong Kong SAR stood at X%.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2023, approximately reflecting the previous year. Import price indicated a strong 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, cucumber and gherkin import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Macao SAR stood at $X per ton.

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

Source: IndexBox Platform