Asia: Dried Prune Market 2024

Dried Prune Market Size in Asia

After three years of decline, the Asian dried prune market increased by X% to $X in 2023. In general, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Dried Prune Production in Asia

In value terms, dried prune production reached $X in 2023 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Dried Prune Exports

Exports in Asia

Dried prune exports skyrocketed to X tons in 2023, increasing by X% against the previous year's figure. Over the period under review, exports recorded strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the near future.

In value terms, dried prune exports skyrocketed to $X in 2023. Overall, exports saw a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in years to come.

Exports by Country

Uzbekistan represented the key exporting country with an export of around X tons, which reached X% of total exports. Iran (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Afghanistan (X%) and Turkey (X%). The following exporters - China (X tons) and the United Arab Emirates (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to dried prune exports from Uzbekistan stood at X%. At the same time, Afghanistan (X%), Iran (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, China (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Iran (X p.p.), Afghanistan (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates and China saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, Uzbekistan ($X) remains the largest dried prune supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by China, with a X% share.

In Uzbekistan, dried prune exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, declining by X% against the previous year. Overall, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 Turkey ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Dried Prune Imports

Imports in Asia

In 2023, approx. X tons of dried prunes were imported in Asia; picking up by X% compared with the previous year. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked in 2023 and is likely to see steady growth in the immediate term.

In value terms, dried prune imports surged to $X in 2023. Overall, imports posted a prominent increase. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in the near future.

Imports by Country

China was the largest importing country with an import of about X tons, which accounted for X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%). Kazakhstan (X tons), Vietnam (X tons), South Korea (X tons), India (X tons), Malaysia (X tons), Israel (X tons), Pakistan (X tons) and Iraq (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to dried prune imports into China stood at X%. At the same time, Pakistan (X%), Iraq (X%), Kazakhstan (X%), Turkey (X%), India (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2023. Vietnam and Malaysia experienced a relatively flat trend pattern. By contrast, Israel (X%) and Japan (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Kazakhstan (X p.p.), Turkey (X p.p.), Pakistan (X p.p.) and Iraq (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Malaysia (X p.p.), Vietnam (X p.p.), Israel (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported dried prunes in Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

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

Import Prices by Country

The import price in Asia stood at $X per ton in 2023, approximately equating the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices stood at a somewhat 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 South Korea ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform