Not further prepared dried vegetables market in Asia

Earlier Report Observations

The market for not further prepared dried vegetables in Asia began a period of rapid expansion from 2018, with volume rising from 1.2 million tonnes to 4.4 million tonnes by 2020. This surge was primarily fueled by increasing per capita income and a growing urban middle class, which boosted demand for convenient, ready-to-eat food products. Significant investment in pre-treatment and packaging equipment enhanced production capacity. Despite global supply chain disruptions from the COVID-19 pandemic in 2020, manufacturers innovated with longer-shelf-life and ready-to-consume offerings, sustaining market growth.

Growth continued through 2023, with the market reaching 5.4 million tonnes. Major processed fruit and vegetable companies adapted their strategies to include dried and dehydrated vegetable-based products, responding to rising demand for healthy and convenient options. Stricter regulations on labeling and traceability in several Asian countries aimed at ensuring food quality and safety further supported development. Increased investment in processing and logistics infrastructure, alongside government policies promoting food sovereignty that encouraged local production, reduced import dependence and facilitated new product segments like dried vegetable mixes and ready-to-use items for urban lifestyles.

Production not further prepared dried vegetables in Asia

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

Asia's production of not further prepared dried vegetables has grown for the third consecutive year. In 2020, the region produced 4 709 K t, marking a 4.2% increase compared to the previous year. Looking at the period from 2017 to 2020, production surged by 190.6%, which translates to an annualized growth rate of 42.7%.

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

In value, 2017-2020, M $ US

The market performance for not further prepared dried vegetables in Asia showed notable fluctuations during this period. In 2018, the output value hit its lowest point at 11 162 M $ US, while it peaked in 2019 at 24 871 M $ US, representing a 122.8% increase from the previous year. By 2020, the value had declined moderately to 22 441 M $ US, down 9.8% year-over-year. Overall, import levels varied by a factor of 2.2 between the high in 2019 and the low in 2018.

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

Exports not further prepared dried vegetables from Asia

Exports in kind, K t

Asia's exports of not further prepared dried vegetables have declined for the second year in a row. In 2020, shipments totaled 497.3 K t, a 15.2% decrease from 2019. The highest export volume was recorded in 2018 at 688.7 K t, which also saw the largest annual increase of 15.3%. Over the 2017-2020 period, exports fell by 16.8%, with a compound annual growth rate (CAGR) of -5.9%.

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

From 2017 to 2020, Asia's exports of not further prepared dried vegetables in kind were widely distributed across various markets. The top three destinations—the United States (16.7% of exports), Germany (3.0%), and Brazil (2.1%)—collectively accounted for just 21.9% of total flows, indicating a broad market spread.

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

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

Exports in value, M $ US

Asia's export value of not further prepared dried vegetables has dropped for the second consecutive year. In 2020, exports amounted to 2 370 M $ US, a sharp decline of 26.6% compared to the previous year. The peak value was reached in 2018 at 4 540 M $ US, which also experienced the largest annual increase of 4.7%. In contrast, 2019 saw the steepest decline of 28.9%. Over the 2017-2020 span, export value decreased by 45.3%, with a CAGR of -18.2%.

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

During the 2017-2020 period, Asia's exports of not further prepared dried vegetables in value terms were not heavily concentrated in a few key markets. The United States (9.7% of exports), Germany (1.8%), and Canada (1.3%) together made up only 12.7% of total flows, reflecting a diversified export structure.

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

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

Imports not further prepared dried vegetables to Asia

Imports in kind, K t

Asia's imports of not further prepared dried vegetables in kind rose in 2020, reaching 175.6 K t, a 13.0% increase from the previous year. The highest import volume was recorded in 2018 at 195.6 K t, while the lowest was in 2019 at 155.4 K t, which also saw the largest annual decline of 20.5%. Over the 2017-2020 period, imports decreased slightly by 2.1%, with a CAGR of -0.7%.

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

From 2017 to 2020, the United States (5.5% of imports in kind), Egypt (2.0%), and the Netherlands (0.8%) consistently served as the main destinations for Asia's imports of not further prepared dried vegetables, together accounting for 8.2% of total flows.

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

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

Imports in value, M $ US

Asia's import value of not further prepared dried vegetables has fallen for the second year in a row. In 2020, imports stood at 1 069 M $ US, a moderate drop of 4.9% year-over-year. The highest value was recorded in 2018 at 1 411 M $ US, which also experienced the largest annual increase of 37.4%. In 2019, imports saw the steepest decline of 20.4%. Overall, from 2017 to 2020, import value increased by 4%, with a CAGR of 1.3%.

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

Between 2017 and 2020, three key markets—the United States, Egypt, and France—collectively absorbed 7.2% of Asia's total import value for not further prepared dried vegetables.

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

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