Peaches and nectarines market in Asia

Earlier Report Observations

From 2018 to 2020, peach and nectarine production in Asia increased from 17.0 million tons to 17.9 million tons. China's continued expansion of peach tree plantings solidified its position as the world's largest producer in 2018. Although global production growth slowed in 2019 due to declines in the EU and the US, output in Asia maintained its upward trajectory. Advancements in cultivation technology and the introduction of new varieties in 2020 further enhanced quality and yields, supporting market growth.

Production accelerated to 18.9 million tons in 2021 as the industry focused on varietal renewal and improved planting techniques to meet diverse consumer demand. In 2022, regional initiatives in China, such as in Zaoyang, promoted industry transformation by emphasizing a balanced mix of early, mid, and late-season varieties and expanding nectarine and yellow peach acreage. By 2023, development of late-ripening autumn nectarines in Dalian, along with seedling base construction, technical guidance, and brand-building efforts, extended the sales chain and increased industry value. Climate-related yield impacts were mitigated through irrigation and crop insurance, while evolving consumer preferences spurred new variety development and digital supply chain management.

Production peaches and nectarines in Asia

In kind, 2017-2020, K t

Top producers of peaches and nectarines, 2017-2020

World map of production of peaches and nectarines, 2017-2020

Asia's production of peaches and nectarines has grown for the third year in a row. In 2020, the region produced 17 902 thousand tonnes, marking a 2.1% year-on-year increase. From 2017 to 2020, production rose by 8.5%, which translates to an average annual growth rate of 2.8%.

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

In value, 2017-2020, M $ US

The value of Asia's peaches and nectarines production has also increased for three consecutive years. In 2020, output was valued at 23 893 million US dollars, up 5.8% from 2019. Over the 2017-2020 period, production value grew by 27.7%, with a compound annual growth rate of 8.5%.

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

Exports peaches and nectarines from Asia

Exports in kind, K t

Asia's export volumes of peaches and nectarines have risen for the second straight year. In 2020, exports reached 456.8 thousand tonnes, a 13.2% increase compared to the previous year. Between 2017 and 2020, exports grew by 30.6%, averaging 9.3% per year. The lowest volume was recorded in 2018 at 328.1 thousand tonnes, which saw the largest decline of 6.2%. In contrast, 2019 experienced the biggest jump with a 23.0% increase.

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

From 2017 to 2020, Russia, Belarus, and Ukraine were the main buyers of Asia's peaches and nectarines by volume. Russia accounted for 37.6% of exports, Belarus for 1.5%, and Ukraine for 0.8%, together making up 39.9% of total export volumes.

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

The value of Asia's peach and nectarine exports has also grown for two consecutive years. In 2020, exports amounted to 609.6 million US dollars, a 17.3% rise from the previous year. From 2017 to 2020, export value increased by 53.7%, with an average annual growth rate of 15.4%. The lowest value was in 2018 at 381.5 million US dollars, which saw a 3.8% decline. The largest increase occurred in 2019, with a 36.3% surge.

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

In terms of value from 2017 to 2020, Russia, Belarus, and Asia, not elsewhere specified, led as buyers of Asia's peaches and nectarines. Russia represented 32.1% of export value, Belarus 1.4%, and Asia, not elsewhere specified 0.7%, combining for 34.2% of total export value.

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

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

Imports peaches and nectarines to Asia

Imports in kind, K t

After two years of growth, Asia's imports of peaches and nectarines declined in 2020. Imports stood at 166.2 thousand tonnes, down 9.4% from the previous year. However, over the 2017-2020 period, imports increased by 48.6%, averaging 14.1% per year. The peak volume was in 2019 at 183.5 thousand tonnes, following the largest increase of 37.8% in 2018.

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

From 2017 to 2020, Asia's imports of peaches and nectarines by volume were widely distributed across markets. Chile accounted for 13.7% of imports, Australia for 6.0%, and South Africa for 3.7%, together representing just 23.5% of total import 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 for peaches and nectarines has increased for the third year in a row. In 2020, imports were valued at 402.6 million US dollars, up 7.2% year-on-year. Over the 2017-2020 period, import value grew by 76.8%, with a compound annual growth rate of 20.9%.

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

From 2017 to 2020, the distribution of import value remained diverse, with no single partner dominating. Chile accounted for 23.6% of import value, Australia for 14.5%, and South Africa for 4.8%, together making up 42.9% of total flows.

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

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