Not further prepared dried vegetables market in ASEAN

Earlier Report Observations

The market for not further prepared dried vegetables in ASEAN showed a varied trajectory from 2018 to 2023. After a slight dip to 253.0 thousand tons in 2019, volume fell more noticeably to 232.4 thousand tons in 2020. A strong recovery followed, with the market reaching 255.5 thousand tons in 2021 and climbing further to 275.5 thousand tons by 2023.

The recovery and subsequent growth were supported by evolving consumer habits and industry innovation. A rising preference for convenient, shelf-stable food options, amplified by urbanization and health trends, increased demand for dried vegetables. This was met by product development and new dehydration technologies that improved quality, such as the introduction of vegetable powders and flavored chips which appealed to the growing plant-based and snack sectors.

Continued technological advancement and corporate expansion signaled further market development. In 2023 and 2024, companies like BranchOut Food and True Essence Foods launched improved drying methods to enhance flavor and nutrition, while Nestlé announced plans to expand its freeze-dried vegetable offerings in Asia, aligning with sustained consumer demand for nutritious and easy-to-prepare foods.

Production not further prepared dried vegetables in ASEAN

In kind, 2017-2020, K t

Top producers of not further prepared dried vegetables, 2017-2020

World map of production of not further prepared dried vegetables, 2017-2020

ASEAN's production of not further prepared dried vegetables has declined for the third year in a row. In 2020, the region produced 157.9 thousand tonnes, marking a controlled year-over-year decrease of 6.3%. Looking at the period from 2017 to 2020, production fell by 20.9%, with a compound annual growth rate of -7.5%.

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

Exports not further prepared dried vegetables from ASEAN

Exports in kind, K t

ASEAN's exports of not further prepared dried vegetables decreased for the second consecutive year. In 2020, exports amounted to 12.5 thousand tonnes, showing a significant drop of 19.5% compared to 2019. Over the 2017-2020 period, exports declined by 61.5%, with a compound annual growth rate of -27.2%. The highest export volume was recorded in 2018 at 41.1 thousand tonnes, which saw the largest increase of 27.2%. In contrast, 2019 experienced the steepest decline of 62.4%.

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

From 2017 to 2020, ASEAN's exports of not further prepared dried vegetables were relatively evenly distributed among partners. China accounted for 3.8% of exports in kind, Japan for 1.5%, and Asia, not elsewhere specified, for 1.2%. Together, these three represented just 6.4% of total export flows.

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

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

Exports in value, M $ US

The market for ASEAN's exports of not further prepared dried vegetables in value terms showed noticeable fluctuations during the period. In 2020, exports stood at 85.8 million US dollars, a 22.7% decrease year-over-year. The peak was in 2018 at 307.3 million US dollars, which also saw the largest increase of 77.7%. The most significant decline occurred in 2019, with a drop of 63.9%. From 2018 to 2020, the market experienced a peak-to-trough amplitude of 3.6 times.

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

Between 2017 and 2020, ASEAN's export portfolio for not further prepared dried vegetables in value terms was quite broad. China held a 34.2% share, Japan 9.6%, and Asia, not elsewhere specified, 4.5%. Combined, these three partners accounted for 48.3% of total export flows.

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

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

Imports not further prepared dried vegetables to ASEAN

Imports in kind, K t

ASEAN's imports of not further prepared dried vegetables fell for the second year in a row. In 2020, imports totaled 86.9 thousand tonnes, reflecting a notable year-over-year decline of 13.1%. Over the 2017-2020 period, imports increased by 4%, with a compound annual growth rate of 1.3%. The highest import volume was in 2018 at 103.5 thousand tonnes, which also saw the largest increase of 23.8%.

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

From 2017 to 2020, China, the United States, and India were the leading sources for ASEAN's imports of not further prepared dried vegetables in kind. China accounted for 67.4% of imports, the United States for 8.8%, and India for 5.7%. Together, these three countries made up 82.0% of total import flows.

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

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

Imports in value, M $ US

ASEAN's imports of not further prepared dried vegetables in value terms showed significant fluctuations during the period. In 2020, imports amounted to 341.4 million US dollars, an abrupt decrease of 35.5% year-over-year. The highest value was recorded in 2018 at 661.3 million US dollars, which also saw the largest increase of 75.9%. The lowest value occurred in 2020, resulting in a peak-to-trough ratio of 1.9 times between 2018 and 2020.

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

Throughout 2017 to 2020, China dominated ASEAN's imports of not further prepared dried vegetables in value terms, accounting for 90.8% of total flows.

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

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