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Asia’s Eggplant Market Keeps Growing, Driven by Strong Demand in China

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Asia’s Eggplant Market Keeps Growing, Driven by Strong Demand in China

IndexBox has just published a new report: ‘Asia – Eggplants (Aubergine) – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the eggplant market in Asia amounted to $68.4B in 2018, surging by 4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Consumption by Country in Asia

China (34M tonnes) constituted the country with the largest volume of eggplant consumption, accounting for 67% of total volume. Moreover, eggplant consumption in China exceeded the figures recorded by the second-largest consumer, India (13M tonnes), threefold.

From 2013 to 2018, the average annual growth rate of volume in China totaled +3.7%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (-0.9% per year) and Turkey (+0.0% per year).

In value terms, China ($43.4B) led the market, alone. The second position in the ranking was occupied by India ($20B).

In China, eggplant per capita consumption increased at an average annual rate of +3.2% over the period from 2013-2018. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Turkey (-1.5% per year) and India (-2.1% per year).

Production in Asia

In 2018, approx. 51M tonnes of eggplants were produced in Asia; growing by 2.9% against the previous year. The total output volume increased at an average annual rate of +2.0% from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The general positive trend in terms of eggplant output was largely conditioned by a moderate increase of the harvested area and a mild expansion in yield figures.

In 2018, approx. 1.7M ha of eggplants were harvested in Asia, while the average yield stood at 29 tonne per ha, growing by 2.4% against the previous year.

Exports in Asia

In 2018, the amount of eggplants (aubergine) exported in Asia stood at 88K tonnes, growing by 26% against the previous year.

In value terms, eggplant exports amounted to $94M (IndexBox estimates) in 2018. The total exports indicated buoyant growth from 2013 to 2018: its value increased at an average annual rate of +1.4% over the last five-year period.

Exports by Country

In 2018, Turkey (23K tonnes), distantly followed by China (15K tonnes), Malaysia (9.5K tonnes), Saudi Arabia (8.1K tonnes), Uzbekistan (8K tonnes), Thailand (5.1K tonnes) and Jordan (4.5K tonnes) were the key exporters of eggplants (aubergine), together constituting 82% of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest eggplant supplying countries in Asia were Turkey ($24M), China ($23M) and Malaysia ($5.1M), with a combined 54% share of total exports.

Export Prices by Country

The eggplant export price in Asia stood at $1,067 per tonne in 2018, picking up by 9.1% against the previous year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($1,510 per tonne), while Saudi Arabia ($352 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform