Southern Asia: Cabbage Market 2024

Cabbage Market Size in Southern Asia

In 2023, the South Asian cabbage market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the market value increased by X%. Over the period under review, the market attained the maximum level at $X in 2022, and then shrank slightly in the following year.

Cabbage Production in Southern Asia

In value terms, cabbage production rose to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

India (X tons) remains the largest cabbage producing country in Southern Asia, accounting for X% of total volume. Moreover, cabbage production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), more than tenfold.

In India, cabbage production increased at an average annual rate of X% over the period from 2012-2023. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (X% per year) and Pakistan (X% per year).

In 2023, the average cabbage yield in Southern Asia was estimated at X tons per ha, growing by X% on the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the cabbage yield reached the maximum level in 2023 and is likely to see gradual growth in the near future. 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 cabbage and other brassicas production in Southern Asia shrank to X ha, almost unchanged from 2022 figures. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to cabbage production reached the peak figure at X ha in 2022, and then reduced modestly in the following year.

Cabbage Exports

Exports in Southern Asia

In 2023, overseas shipments of cabbage and other brassicas were finally on the rise to reach X tons after two years of decline. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cabbage exports soared to $X in 2023. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Pakistan dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2023. The following exporters - India (X tons) and Bangladesh (X tons) - together made up X% of total exports.

Pakistan was also the fastest-growing in terms of the cabbage and other brassicas exports, with a CAGR of X% from 2012 to 2023. At the same time, Bangladesh (X%) and India (X%) displayed positive paces of growth. Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest cabbage supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Pakistan amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (X% per year) and India (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

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 Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Cabbage Imports

Imports in Southern Asia

In 2023, after two years of decline, there was significant growth in overseas purchases of cabbage and other brassicas, when their volume increased by X% to X tons. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, cabbage imports skyrocketed to $X in 2023. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Afghanistan represented the key importing country with an import of about X tons, which amounted to X% of total imports. India (X tons) ranks second in terms of the total imports with a X% share, followed by Maldives (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Afghanistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X) constitutes the largest market for imported cabbage and other brassicas in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Afghanistan amounted to X%. In the other countries, the average annual rates were as follows: Maldives (X% per year) and India (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2023, import prices remained at a lower figure.

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 Maldives ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform