Asia: Papaya Market 2024

Papaya Market Size in Asia

The Asian papaya market shrank to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by X%. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Papaya Production in Asia

In value terms, papaya production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

India (X tons) remains the largest papaya producing country in Asia, accounting for X% of total volume. Moreover, papaya production in India exceeded the figures recorded by the second-largest producer, Indonesia (X tons), sixfold. China (X tons) ranked third in terms of total production with a X% share.

In India, papaya production remained relatively stable over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (X% per year) and China (X% per year).

In 2022, the average yield of papayas in Asia fell to X tons per ha, which is down 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 was the most pronounced in 2021 when the yield increased by X%. Over the period under review, the papaya yield hit record highs at X tons per ha in 2017; however, from 2018 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of papayas in Asia reached X ha, therefore, remained relatively stable against the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

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Papaya Exports

Exports in Asia

In 2022, papaya exports in Asia amounted to X tons, picking up by X% on the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, papaya exports rose rapidly to $X in 2022. Total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) and Sri Lanka (X tons) represented the major exporters of papayas in 2022, finishing at approx. X% and X% of total exports, respectively. India (X tons) ranks next in terms of the total exports with a X% share, followed by China (X%) and the Philippines (X%). The following exporters - Thailand (X tons) and the United Arab Emirates (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and the Philippines ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Malaysia, Thailand, India and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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 Thailand ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Papaya Imports

Imports in Asia

In 2022, papaya imports in Asia rose sharply to X tons, growing by X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, papaya imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X tons) and the United Arab Emirates (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Nepal (X tons), achieving a X% share of total imports. China (X tons), Qatar (X tons), Hong Kong SAR (X tons), Brunei Darussalam (X tons), Maldives (X tons), Bahrain (X tons), Macao SAR (X tons), Japan (X tons) and Kuwait (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Maldives (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest papaya importing markets in Asia were the United Arab Emirates ($X), Singapore ($X) and Hong Kong SAR ($X), together accounting for X% of total imports. Qatar, China, Nepal, Kuwait, Japan, Bahrain, Maldives, Macao SAR and Brunei Darussalam lagged somewhat behind, together accounting for a further X%.

Maldives, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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