Southern Asia: Garlic Market 2024

Garlic Market Size in Southern Asia

In 2023, after four years of growth, there was decline in the South Asian garlic market, when its value decreased by X% to $X. In general, consumption, however, enjoyed prominent growth. Over the period under review, the market attained the peak level at $X in 2022, and then fell slightly in the following year.

Garlic Production in Southern Asia

In value terms, garlic production reached $X in 2023 estimated in export price. Overall, production, however, saw prominent growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; afterwards, it flattened through to 2023.

The country with the largest volume of garlic production was India (X tons), accounting for X% of total volume. Moreover, garlic production in India exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), sixfold. The third position in this ranking was taken by Pakistan (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume in India amounted to X%. 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 garlic yield in Southern Asia shrank to X tons per ha, remaining relatively unchanged against 2022 figures. The yield indicated a notable increase from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, garlic yield increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the garlic yield hit record highs at X tons per ha in 2022, and then fell slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The garlic harvested area declined modestly to X ha in 2023, remaining relatively unchanged against 2022 figures. The total harvested area indicated pronounced growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, garlic harvested area increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2022, and then contracted in the following year.

Garlic Exports

Exports in Southern Asia

In 2023, the amount of garlic exported in Southern Asia skyrocketed to X tons, increasing by X% against the previous year. Over the period under review, exports showed a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, garlic exports surged to $X in 2023. Overall, exports enjoyed a strong expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

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

From 2012 to 2023, average annual rates of growth with regard to garlic exports from India stood at X%. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in India totaled X%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while India totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Garlic Imports

Imports in Southern Asia

Garlic imports expanded notably to X tons in 2023, with an increase of X% on 2022 figures. In general, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports failed to regain momentum.

In value terms, garlic imports shrank to $X in 2023. Over the period under review, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Bangladesh (X tons), Pakistan (X tons), India (X tons) and Sri Lanka (X tons) represented the largest importer of garlic in Southern Asia, creating X% of total import. It was distantly followed by Nepal (X tons), creating a X% share of total imports.

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

In value terms, Bangladesh ($X), Sri Lanka ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Nepal and India lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, falling by X% against the previous year. Overall, the import price showed a mild slump. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform