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

eggplant

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

grain

Grain Consumption in Africa Continues Rising

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

The revenue of the grain market in Africa amounted to $109B in 2018, picking up by 9% 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).

The market value increased at an average annual rate of +1.4% over the period from 2014 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years.

Consumption By Country

The countries with the highest volumes of grain consumption in 2018 were Egypt (44M tonnes), Nigeria (31M tonnes) and Ethiopia (26M tonnes), together comprising 37% of total consumption. These countries were followed by Algeria, Morocco, South Africa, Tanzania, Mali, Sudan, Kenya, Niger and Tunisia, which together accounted for a further 38%.

Market Forecast to 2030

Driven by increasing demand for grain in Africa, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.5% for the period from 2018 to 2030, which is projected to bring the market volume to 366M tonnes by the end of 2030.

Production in Africa

The grain production totaled 201M tonnes in 2018, increasing by 1.6% against the previous year. The total output volume increased at an average annual rate of +1.5% from 2014 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 6.7% against the previous year. The volume of grain production peaked in 2018 and is expected to retain its growth in the near future. The general positive trend in terms of grain output was largely conditioned by a slight increase of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of grain production in 2018 were Nigeria (26M tonnes), Ethiopia (25M tonnes) and Egypt (22M tonnes), together accounting for 37% of total production. South Africa, Morocco, Tanzania, Mali, Sudan, Niger, Algeria, Burkina Faso and Kenya lagged somewhat behind, together accounting for a further 37%.

Harvested Area and Yield in Africa

In 2018, the grain harvested area in Africa amounted to 125M ha, remaining relatively unchanged against the previous year. The average yield of grain in Africa stood at 1.6 tonne per ha, flattening at the previous year.

Exports in Africa

In 2018, the grain exports in Africa stood at 2.3M tonnes, growing by 14% against the previous year. In value terms, grain exports stood at $720M (IndexBox estimates).

Exports by Country

South Africa represented the largest exporter of grain exported in Africa, with the volume of exports accounting for 1.2M tonnes, which was near 52% of total exports in 2018. Uganda (471K tonnes) took the second position in the ranking, distantly followed by Tanzania (212K tonnes) and Zambia (144K tonnes). All these countries together occupied near 36% share of total exports. Kenya (70K tonnes), Sudan (46K tonnes) and Burkina Faso (44K tonnes) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of -17.0% from 2014 to 2018. At the same time, Kenya (+64.3%), Uganda (+37.8%), Tanzania (+32.4%), Zambia (+10.8%) and Sudan (+3.6%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +64.3% from 2014-2018. By contrast, Burkina Faso (-10.3%) illustrated a downward trend over the same period. Uganda (+15 p.p.), Tanzania (+6.2 p.p.), Kenya (+2.6 p.p.) and Zambia (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -57.6% from 2014 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($407M) remains the largest grain supplier in Africa, comprising 56% of total grain exports. The second position in the ranking was occupied by Uganda ($94M), with a 13% share of total exports. It was followed by Tanzania, with a 10% share.

In South Africa, grain exports plunged by an average annual rate of -13.9% over the period from 2014-2018. In the other countries, the average annual rates were as follows: Uganda (+27.8% per year) and Tanzania (+32.0% per year).

Imports in Africa

In 2018, approx. 73M tonnes of grain were imported in Africa; increasing by 4.5% against the previous year. In value terms, grain imports amounted to $15B (IndexBox estimates).

Imports by Country

In 2018, Egypt (22M tonnes), distantly followed by Algeria (14M tonnes), Morocco (6.8M tonnes), Nigeria (5M tonnes) and Tunisia (3.5M tonnes) were the key importers of grain, together achieving 70% of total imports. The following importers – Libya (3M tonnes), Sudan (2.9M tonnes), Kenya (2.4M tonnes), South Africa (2.2M tonnes) and Zimbabwe (1.2M tonnes) – together made up 16% of total imports.

From 2014 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Zimbabwe, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grain importing markets in Africa were Egypt ($4.1B), Algeria ($2.6B) and Morocco ($1.4B), with a combined 54% share of total imports. These countries were followed by Nigeria, Tunisia, Sudan, Libya, Kenya, South Africa and Zimbabwe, which together accounted for a further 30%.

Source: IndexBox AI Platform