Dried grapes market in South-eastern Asia

Earlier Report Observations

The market volume for dried grapes in South-eastern Asia showed considerable volatility between 2018 and 2023. After increasing from 25 976 t in 2018 to 28 484 t in 2019, it contracted sharply to 18 537 t in 2020. A recovery followed, lifting the market to 27 110 t in 2021 and further to a peak of 32 384 t in 2022, before a decline to 26 257 t in 2023.

These swings were largely driven by changes in imports, which form the bulk of supply. Imports rose from 25 820 t in 2018 to 28 578 t in 2019, then fell to 23 358 t in 2020, before rebounding and reaching 32 894 t in 2022, only to drop again to 27 446 t in 2023. Exports, though smaller in volume, also affected net availability, notably in 2020 when they surged to 6 615 t.

In 2024, imports into the region increased to 30 637 t while exports fell to 1 357 t. The market continues to evolve under the influence of regulatory measures such as Vietnam's Decree 15/2018/ND-CP, which requires businesses to declare product quality before sale, and growing consumer demand for safe, high-quality dried grapes, including new formats like raisins on the branch.

Production dried grapes in South-eastern Asia

In kind, 2017-2020, t

Top producers of dried grapes, 2017-2020

World map of production of dried grapes, 2017-2020

In 2020, South-eastern Asia produced 1 794 tonnes of dried grapes, marking a 6.8% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 8.5%, which translates to an average annual decline of 2.9%. The lowest production level was recorded in 2018 at 1 688 tonnes. That year also saw the sharpest drop, with a 13.9% decrease. In contrast, 2019 experienced the largest increase, with production rising by 14.1%.

Annual dynamics of production in South-eastern Asia in kind, 2017-2020, t

Exports dried grapes from South-eastern Asia

Exports in kind, t

South-eastern Asia's dried grape exports have grown for the third year in a row. In 2020, exports reached 6 615 tonnes, a substantial 227.5% increase compared to 2019. Over the four-year span from 2017 to 2020, exports surged by 441.3%, reflecting a compound annual growth rate of 75.6%.

Annual dynamics of product's exports from South-eastern Asia in kind, 2017-2020, t

Between 2017 and 2020, the export destinations for dried grapes from South-eastern Asia were quite diverse. China accounted for 18.4% of exports by volume, Hong Kong for 16.8%, and Japan for 9.2%. Together, these three markets made up just 44.4% of total exports, with the remaining 55.6% spread across a wide array of other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from South-eastern Asia in kind, 2017-2020

Exports in value, K $ US

The market exhibited notable volatility during the observed period. The lowest export value was recorded in 2019, while the highest occurred in 2020, with the peak being 2.9 times higher than the trough. In 2020, South-eastern Asia's dried grape exports totaled 14 511 thousand US dollars, representing a sharp 192.2% increase from 2019. The minimum value was 4 966 thousand US dollars in 2019, which also saw the largest decline of 17.8%.

Annual dynamics of product's exports from South-eastern Asia in value, 2017-2020, K $ US

From 2017 to 2020, Hong Kong, China, and Japan were the leading buyers of dried grapes from South-eastern Asia in value terms. Hong Kong accounted for 60.2% of export value, China for 7.6%, and Japan for 3.5%. Combined, these three markets represented 71.3% of total export value during this period.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from South-eastern Asia in value, 2017-2020

Imports dried grapes to South-eastern Asia

Imports in kind, t

Following two years of growth, dried grape imports into South-eastern Asia declined. In 2020, import volume stood at 23 358 tonnes, down 18.3% from the previous year. The peak import volume was recorded in 2019 at 28 578 tonnes, which also saw the largest increase of 10.7%.

Annual dynamics of product's imports to South-eastern Asia in kind, 2017-2020, t

During the 2017–2020 period, the United States, India, and China were the primary sources of dried grape imports by volume for South-eastern Asia. The United States contributed 47.1% of imports, India 11.9%, and China 10.0%. Together, these three countries accounted for 69.0% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to South-eastern Asia in kind, 2017-2020

Imports in value, K $ US

After two years of growth, dried grape imports into South-eastern Asia decreased. In 2020, imports amounted to 52 039 thousand US dollars, a 28.8% drop from the previous year. The highest import value was recorded in 2019 at 73 112 thousand US dollars, while the largest increase occurred in 2018 with a 34.2% rise.

Annual dynamics of product's imports to South-eastern Asia in value, 2017-2020, K $ US

From 2017 to 2020, the United States, India, and China remained the top suppliers of dried grapes to South-eastern Asia in value terms. The United States held 55.2% of import value, India 8.9%, and China 6.9%. Collectively, these three countries made up 71.1% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to South-eastern Asia in value, 2017-2020