The 2023 data reveals China as the leading exporter of vegetable materials, valued at 120.68 million USD, followed by Indonesia and India, with exports valued at 106.04 million USD and 73.55 million USD, respectively. Over the past two years, the ranking has shown China consistently maintaining its lead with impressive growth, while Indonesia and India are consolidating their positions in the market. A five-year compounded annual growth rate (CAGR) indicates a steady increase in vegetable material exports across these nations, with notable growth observed in Southeast Asian countries.
Looking ahead, the vegetable materials export market is poised for continued expansion, driven by rising global demand for plant-based products and sustainable solutions. Watch for increased competition from emerging markets and technological advancements in agriculture that may further boost production capabilities. Additionally, trade policies and environmental concerns may shape the future landscape of this sector.
Top countries in Top Exporters of Vegetable Materials
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 120.68 | 2016 | |
| 2 | 2 Indonesia | 106.04 | 2016 | |
| 3 | 3 India | 73.55 | 2016 | |
| 4 | 4 Malaysia | 64.42 | 2016 | |
| 5 | 5 Mexico | 52.82 | 2016 | |
| 6 | 6 Netherlands | 50.09 | 2016 | |
| 7 | 7 Peru | 34.09 | 2016 | |
| 8 | 8 United States | 29.68 | 2016 | |
| 9 | 9 Chile | 22.71 | 2016 | |
| 10 | 10 Sri Lanka | 19.6 | 2016 |
