South-Eastern Asia: Cauliflower And Broccoli Market 2024

Cauliflower And Broccoli Market Size in South-Eastern Asia

The Southeast Asian cauliflower and broccoli market rose to $X in 2023, picking up by X% against the previous year. The market value 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 level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Cauliflower And Broccoli Production in South-Eastern Asia

In value terms, cauliflower and broccoli production rose notably to $X in 2023 estimated in export price. The total production indicated measured 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

The countries with the highest volumes of production in 2023 were Indonesia (X tons), Vietnam (X tons) and the Philippines (X tons), with a combined X% share of total production.

From 2012 to 2023, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Vietnam (with a CAGR of X%), while production for the other leaders experienced mixed trends in the production figures.

The average cauliflower and broccoli yield totaled X tons per ha in 2023, leveling off at 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 relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2021; however, from 2022 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 cauliflower and broccoli production in South-Eastern Asia reached X ha, standing approx. at the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021; however, from 2022 to 2023, the harvested area remained at a lower figure.

Cauliflower And Broccoli Exports

Exports in South-Eastern Asia

In 2023, the amount of cauliflower and broccoli exported in South-Eastern Asia totaled X tons, approximately equating the previous year's figure. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, cauliflower and broccoli exports contracted to $X in 2023. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2022, and then contracted slightly in the following year.

Exports by Country

In 2023, Vietnam (X tons) was the largest exporter of cauliflower and broccoli, creating X% of total exports. It was distantly followed by Malaysia (X tons) and Thailand (X tons), together achieving a X% share of total exports. Singapore (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the cauliflower and broccoli exports, with a CAGR of X% from 2012 to 2023. At the same time, Thailand (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. Vietnam (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand, Malaysia and Singapore saw its share reduced by X%, X% and X% from 2012 to 2023, respectively.

In value terms, Vietnam ($X) remains the largest cauliflower and broccoli supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, cauliflower and broccoli exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2022, and then fell modestly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Vietnam ($X per ton) and Singapore ($X per ton), while Malaysia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

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

Cauliflower And Broccoli Imports

Imports in South-Eastern Asia

In 2023, the amount of cauliflower and broccoli imported in South-Eastern Asia rose sharply to X tons, increasing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.

In value terms, cauliflower and broccoli imports shrank modestly to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2022, and then declined in the following year.

Imports by Country

Malaysia (X tons) and Thailand (X tons) were the main importers of cauliflower and broccoli in 2023, finishing at approx. X% and X% of total imports, respectively. It was distantly followed by Singapore (X tons), mixing up a X% share of total imports. Vietnam (X tons) and Brunei Darussalam (X tons) followed a long way behind the leaders.

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

In value terms, Malaysia ($X) constitutes the largest market for imported cauliflower and broccoli in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Singapore, with an X% share.

In Malaysia, cauliflower and broccoli imports increased 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: Thailand (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2022 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 Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform