South-Eastern Asia: Dried Prune Market 2024

Dried Prune Market Size in South-Eastern Asia

The Southeast Asian dried prune market rose rapidly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Dried Prune Production in South-Eastern Asia

In value terms, dried prune production rose notably 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; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dried Prune Exports

Exports in South-Eastern Asia

In 2022, dried prune exports in South-Eastern Asia fell to X tons, which is down by X% on 2021 figures. Overall, exports showed a slight downturn. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports expanded significantly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam was the major exporting country with an export of around X tons, which reached X% of total exports. Singapore (X tons) took the second position in the ranking, followed by Malaysia (X tons) and Thailand (X tons). All these countries together held near X% share of total exports. Myanmar (X tons) took a little share of total exports.

Vietnam was also the fastest-growing in terms of the dried prunes exports, with a CAGR of X% from 2012 to 2022. Malaysia experienced a relatively flat trend pattern. Singapore (X%), Myanmar (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam and Malaysia increased by X and X percentage points, respectively.

In value terms, Vietnam ($X), Singapore ($X) and Malaysia ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price showed a measured increase. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Dried Prune Imports

Imports in South-Eastern Asia

In 2022, the amount of dried prunes imported in South-Eastern Asia amounted to X tons, picking up by X% compared with 2021. Overall, imports, however, continue to indicate a slight slump. 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 attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, dried prune imports expanded slightly to $X in 2022. Over the period under review, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam was the main importer of dried prunes in South-Eastern Asia, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. Malaysia (X tons) took the second position in the ranking, distantly followed by Singapore (X tons) and Thailand (X tons). All these countries together held approx. X% share of total imports. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to dried prune imports into Vietnam stood at X%. At the same time, Indonesia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.), Thailand (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X), Malaysia ($X) and Singapore ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Thailand and Indonesia lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then reduced in the following year.

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

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

Source: IndexBox Platform

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