Persimmons market in Eastern Asia

Earlier Report Observations

The fresh persimmon market in Eastern Asia expanded from 3.6 million tons in 2018 to 4.2 million tons by 2023. Initial growth was supported by a diversity of persimmon varieties meeting different consumer tastes and the enrichment of the deep-processing segment with products like dried persimmons, persimmon wine, and vinegar, which helped stimulate consumption.

Subsequent market growth was driven by the promotion of new high-quality cultivars such as 'Taiqu' and 'Yalin Shizhen 6', which extended the supply season and improved product offerings. Innovations in deep-processed goods, including persimmon cakes and desserts, further fueled consumer enthusiasm. By 2023, tight supply-demand conditions led to a widening price range, while large-scale exports of fresh fruit, primarily from Guangxi, continued to characterize the trade balance.

Entering 2024, increased policy support fostered coordinated development across planting, processing, and sales, strengthening the industry chain. Advances in post-harvest technology and an extended supply period helped stabilize market availability. However, production in some regions was affected by climate conditions, leading to local price increases and highlighting the sector's sensitivity to weather patterns.

Production persimmons in Eastern Asia

In kind, 2017-2020, K t

Top producers of persimmons, 2017-2020

World map of production of persimmons, 2017-2020

Eastern Asia's persimmon production has grown for the third year in a row. In 2020, the region produced 3,863 thousand tons of persimmons, marking a 4.0% increase from 2019. Looking at the period from 2017 to 2020, production rose by 8.8%, which translates to an average annual growth rate of 2.8%.

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

In value, 2017-2020, M $ US

Persimmon production in Eastern Asia has increased for the second consecutive year. In 2020, the output was valued at 7,333 million US dollars, representing a strong 12.0% rise compared to the previous year. From 2017 to 2020, production grew by 27.4%, with an average annual rate of 8.4%. The lowest value was recorded in 2018 at 5,480 million US dollars, which also saw the largest decline of 4.8%. In contrast, the largest increase occurred in 2019, with a jump of 19.4%.

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

Exports persimmons from Eastern Asia

Exports in kind, K t

Persimmon exports from Eastern Asia have risen for the second year in a row. In 2020, exports reached 115.5 thousand tons, up by 45.3% from 2019. Between 2017 and 2020, exports increased by 51.6%, averaging an annual growth rate of 14.9%. The lowest volume was in 2018 at 65.6 thousand tons, which also experienced the largest decline of 13.8%.

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

From 2017 to 2020, Vietnam and Thailand together accounted for 82.1% of total persimmon exports in volume, while the remaining flows were distributed among other markets.

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

Persimmon exports from Eastern Asia have grown for the second consecutive year. In 2020, exports stood at 219.2 million US dollars, showing a 56.5% increase compared to the previous year. Over the 2017-2020 period, exports rose by 77.6%, with a compound annual growth rate of 21.1%. The lowest value was recorded in 2018 at 97.3 million US dollars, which also saw the largest decline of 21.2%.

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

Throughout 2017-2020, Vietnam and Thailand dominated persimmon exports from Eastern Asia in value terms, jointly representing 85.0% of total flows, while other countries held much smaller shares.

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 persimmons to Eastern Asia

Imports in kind, K t

In 2020, persimmon imports into Eastern Asia reached 4.1 thousand tons, declining by 12.8% year-over-year. Over the 2017-2020 period, imports decreased by 21.9%, with a compound annual decline rate of 7.9%. The lowest volume was in 2018 at 3.5 thousand tons, which also experienced the largest decline of 33.0%. The largest increase occurred in 2019, with a rise of 33.6%.

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

From 2017 to 2020, Spain, New Zealand, and Israel were the main sources for persimmon imports in volume, accounting for 56.7% of total flows. Specifically, Spain contributed 51.9%, New Zealand 3.6%, and Israel 1.2%.

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

In 2020, persimmon imports into Eastern Asia were recorded at 7.3 million US dollars, down by 5.5% from the previous year. Over the 2017-2020 period, imports fell by 26.4%, with a compound annual decline rate of 9.7%. The lowest value was in 2018 at 6.7 million US dollars, which also saw the largest decline of 32.4%. The largest increase was in 2019, with a growth of 15.2%.

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

Throughout 2017-2020, Spain, New Zealand, and Australia remained the key sources for persimmon imports in value terms, together accounting for 53.2% of total flows. Spain led with 44.0%, followed by New Zealand at 7.8%, and Australia at 1.4%.

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

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