Southern Asia: Dried Prune Market 2024

Dried Prune Market Size in Southern Asia

In 2023, the South Asian dried prune 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% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2022, and then fell in the following year.

Dried Prune Production in Southern Asia

In value terms, dried prune production stood at $X in 2023 estimated in export price. The total output value 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2023 and is likely to see steady growth in years to come.

Dried Prune Exports

Exports in Southern Asia

In 2023, after two years of decline, there was significant growth in overseas shipments of dried prunes, when their volume increased by X% to X tons. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, dried prune exports expanded to $X in 2023. In general, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked in 2023 and is likely to see gradual growth in years to come.

Exports by Country

Afghanistan dominates exports structure, resulting at X tons, which was near X% of total exports in 2023. Pakistan (X tons) and India (X tons) took a relatively small share of total exports.

Afghanistan was also the fastest-growing in terms of the dried prunes exports, with a CAGR of X% from 2012 to 2023. At the same time, India (X%) displayed positive paces of growth. Pakistan experienced a relatively flat trend pattern. While the share of Afghanistan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of India (X p.p.) and Pakistan (X p.p.) displayed negative dynamics.

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

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

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat 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 India ($X per ton), while Afghanistan ($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 mixed trends in the export price figures.

Dried Prune Imports

Imports in Southern Asia

In 2023, supplies from abroad of dried prunes decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, dried prune imports reduced sharply to $X in 2023. In general, imports, however, showed measured growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then shrank dramatically in the following year.

Imports by Country

India (X tons) and Pakistan (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Bangladesh (X tons), creating a X% share of total imports. Afghanistan (X tons) took a minor share of total imports.

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

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

From 2012 to 2023, the average annual growth rate of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2022 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, 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 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 Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform