Leguminous vegetables market in Eastern Asia

Earlier Report Observations

The physical volume of the fresh leguminous vegetables market in Eastern Asia showed a gradual increase from 30 192 thousand tonnes in 2018 to 30 869 thousand tonnes in 2023. The market reached its peak volume of 31 199 thousand tonnes in 2020, followed by a slight contraction and subsequent stabilization, reflecting a period of modest overall growth.

In value terms, the market experienced a more pronounced expansion, rising from 42 934 million $ US in 2018 to 61 998 million $ US in 2023. By the latter year, this significant value growth was supported by evolving consumer trends, including heightened demand for freshness, nutritional quality, and diverse flavors. Concurrently, the fresh produce retail landscape was transformed by the rapid growth of e-commerce, which attracted major new players into the sector and intensified investment in supply chain efficiency, thereby elevating the market's overall worth.

Production leguminous vegetables in Eastern Asia

In kind, 2017-2020, K t

Top producers of leguminous vegetables, 2017-2020

World map of production of leguminous vegetables, 2017-2020

Eastern Asia's leguminous vegetables production has increased for the third consecutive year. In 2020, the region produced 31 289 K t of leguminous vegetables, marking a 1.8% rise compared to 2019. Over the period from 2017 to 2020, production grew by 4.7%, with a compound annual growth rate of 1.5%.

Annual dynamics of production in Eastern Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Leguminous vegetables production in Eastern Asia has increased for the second consecutive year. In 2020, the output was valued at 49 482 M $ US, up by 13.7% from 2019. Between 2017 and 2020, production rose by 7.7%, equating to an annualized rate of 2.5%. The lowest value was recorded in 2018 at 42 945 M $ US, which also saw the largest decline of 6.5%.

Annual dynamics of production in Eastern Asia in value, 2017-2020, M $ US

Exports leguminous vegetables from Eastern Asia

Exports in kind, K t

Leguminous vegetables shipments from Eastern Asia to abroad have increased for the third consecutive year. In 2020, the region exported 93.7 K t of leguminous vegetables, which is 337.0% higher than the previous year. Between 2017 and 2020, exports surged by 425.8%, with an annualized growth rate of 73.9%.

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

From 2017 to 2020, exports in kind of leguminous vegetables from Eastern Asia were distributed across a wide range of partner countries. Thailand accounted for 17.2% of exports in kind, Vietnam for 11.0%, and Malaysia for 6.8%, together representing just 35.0% of total flows.

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

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

Exports in value, M $ US

The market exhibited volatility during the observed period. Exports reached their lowest point in 2018 and peaked in 2020, with a 5.7-fold difference between these years. In 2020, Eastern Asia exported 148.1 M $ US of leguminous vegetables, a 387.8% increase compared to 2019. The minimum value was recorded in 2018 at 25.9 M $ US, which also saw the largest decline of 5.5%.

Annual dynamics of product's exports from Eastern Asia in value, 2017-2020, M $ US

From 2017 to 2020, exports in value terms of leguminous vegetables from Eastern Asia were not heavily concentrated. Thailand contributed 15.9% of exports in value terms, Vietnam 13.1%, and Malaysia 6.6%, together capturing only 35.6% of total flows.

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

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

Imports leguminous vegetables to Eastern Asia

Imports in kind, K t

Eastern Asia's leguminous vegetables imports have declined for the third consecutive year. In 2020, imports amounted to 3.7 K t, reflecting an 11.6% reduction compared to 2019. Between 2017 and 2020, imports decreased by 39.2%, with an annualized decline rate of 15.3%.

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

The country composition of imports in kind from 2017 to 2020 was dispersed. Oman accounted for 23.3% of imports in kind, Asia, not elsewhere specified for 9.8%, and Peru for 6.6%, together forming just 39.6% of total flows, while the remaining 60.4% was split among a wide range of other destinations.

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

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

Imports in value, M $ US

Leguminous vegetables imports in Eastern Asia have declined for the third consecutive year. In 2020, import volume totalled 12.4 M $ US, equivalent to a notable decrease of 14.4% compared to the previous year. Between 2017 and 2020, imports fell by 23.1%, with an annualized decline rate of 8.4%.

Annual dynamics of product's imports to Eastern Asia in value, 2017-2020, M $ US

Throughout 2017 to 2020, Oman, Peru, and Asia, not elsewhere specified remained the key partners in imports in value terms. Oman accounted for 29.9% of imports in value terms, Peru for 15.2%, and Asia, not elsewhere specified for 9.9%, together representing 55.0% of total flows.

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

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