Not further prepared dried vegetables market in Southern Asia

Earlier Report Observations

The market for not further prepared dried vegetables in Southern Asia remained stable from 2018 to 2019, supported by regulatory clarity from the implementation of specific GST rates under HSN code 0712 and the government's 'Make in India' initiative, which encouraged domestic production. This stability was abruptly overturned in 2020 when the COVID-19 pandemic dramatically accelerated consumer demand for convenient, shelf-stable foods, leading to a surge in market volume of over 40% as households increased pantry stocking and online sales channels expanded.

Following the pandemic peak, global supply chain disruptions and raw material price fluctuations in 2021 temporarily constrained market volume. Continued investment by state-owned and private companies in production facilities, coupled with the launch of new product segments like dehydrated vegetable mixes and fortified products, helped stabilize the market in 2022. By 2023, volume recovered and grew by 13%, reflecting sustained consumer interest in healthy and convenient food options, supported by ongoing regulatory alignment with international labeling and market access standards.

Production not further prepared dried vegetables in Southern 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

Southern Asia's production of not further prepared dried vegetables has grown for the third consecutive year. In 2020, the region produced 249.4 thousand tonnes, marking a 34.7% increase from the previous year. Over the period from 2017 to 2020, production rose by 61.6%, with an average annual growth rate of 17.4%.

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

Exports not further prepared dried vegetables from Southern Asia

Exports in kind, t

The export market for not further prepared dried vegetables from Southern Asia showed an unstable trend during this period. From 2017 to 2019, exports fluctuated significantly, with a peak-to-trough amplitude of 8.1 times. In 2020, exports totaled 21 885 tonnes, a 26.8% decrease compared to 2019. The highest volume was recorded in 2019 at 29 915 tonnes, while the largest increase occurred in 2018 with a 192.7% rise.

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

From 2017 to 2020, Iraq, Russia, and Turkey were the main destinations for Southern Asia's exports of not further prepared dried vegetables. Iraq accounted for 48.0% of exports in kind, Russia for 6.8%, and Turkey for 5.8%, together absorbing 60.6% of total exports.

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

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

Exports in value, K $ US

The export value of not further prepared dried vegetables from Southern Asia experienced irregular changes, indicating a volatile market. Volumes reached their lowest point in 2017 and peaked in 2019, with a 6.4-fold difference between these years. In 2020, exports were valued at 23 506 thousand US dollars, a sharp decrease of 45.3% from 2019. The maximum value was recorded in 2019 at 42 965 thousand US dollars, with the largest increase also in 2019 at 252.4%.

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

The market base for exports in value terms from 2017 to 2020 was broad. Iraq accounted for 38.5% of exports in value, Russia for 5.8%, and Turkey for 5.3%, together making up 49.6% of total flows. The remaining 50.4% was distributed among numerous other countries.

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

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

Imports not further prepared dried vegetables to Southern Asia

Imports in kind, t

Import volumes of not further prepared dried vegetables into Southern Asia showed irregular changes, reflecting a volatile market environment. Volumes dropped to their lowest in 2017 and climbed to a maximum in 2019, with a 2.9-fold shift. In 2020, imports totaled 10 975 tonnes, a substantial decline of 10.2% from the previous year. The highest volume was recorded in 2019 at 12 223 tonnes, with the largest increase also in 2019 at 169.0%.

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

From 2017 to 2020, China remained the key supplier of not further prepared dried vegetables to Southern Asia, accounting for 18.0% of total imports in kind.

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

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

Imports in value, K $ US

Imports of not further prepared dried vegetables into Southern Asia increased for the second consecutive year. In 2020, the region imported 25 007 thousand US dollars worth, marking a 45.0% year-over-year gain. Between 2017 and 2020, imports rose by 79%, equating to an annualized rate of 21.4%. The lowest value was recorded in 2018 at 12 179 thousand US dollars, with the largest decline also in 2018 at 12.8%.

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

The market base for imports in value terms from 2017 to 2020 was wide. China accounted for 38.6% of imports in value, the United Arab Emirates for 2.2%, and the United States for 2.0%, together making up 42.8% of total flows. The remaining 57.2% was shared by numerous other countries.

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

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