Vegetable Market Overview in Brunei Darussalam
Market Overview
In 2019, the Brunei Darussalam's vegetable market increased by
% to $
, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +
% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of
% year-to-year. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in the near future.
In value terms, vegetable production fell to $
in 2019 estimated in export prices. In general, production continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by
% against the previous year. As a result, production attained the peak level of $
. From 2014 to 2019, production growth failed to regain the momentum.
The average yield of vegetables in Brunei Darussalam totaled
tonnes per ha in 2019, remaining constant against the year before. In general, the yield recorded a strong increase. The pace of growth appeared the most rapid in 2018 when the yield increased by
% year-to-year. Over the period under review, the vegetable yield attained the maximum level in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of vegetables production in Brunei Darussalam reduced remarkably to
ha, declining by -
% against the year before. Overall, the harvested area saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2008 when the harvested area increased by
% year-to-year. The global harvested area peaked at
ha in 2013; however, from 2014 to 2019, the harvested area stood at a somewhat lower figure.




In value terms, vegetable production fell to $



The average yield of vegetables in Brunei Darussalam totaled


In 2019, the total area harvested in terms of vegetables production in Brunei Darussalam reduced remarkably to




Consumption
For the fourth consecutive year, Brunei Darussalam recorded growth in consumption of vegetables, which increased by
% to
tonnes in 2019. In general, the total consumption indicated buoyant growth from 2007 to 2019: its volume increased at an average annual rate of +
% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +
% against 2014 indices. The most prominent rate of growth was recorded in 2010 when the consumption volume increased by
% y-o-y. Brunei Darussalam consumption peaked in 2019 and is expected to retain growth in the near future.
The size of the vegetable market in Brunei Darussalam rose markedly to $
in 2019, surging by
% 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 +
% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of
% y-o-y. Over the period under review, the market attained the maximum level in 2019 and is likely to continue growth in the near future.





The size of the vegetable market in Brunei Darussalam rose markedly to $




Consumption By Type
The products with the highest volumes of vegetable consumption in 2019 were watermelons (
tonnes), dry onions (
tonnes) and potatoes (
tonnes), together accounting for
% of total consumption. Cabbage and other brassicas, chilies and peppers (green), fresh vegetables, nes, tomatoes, cucumbers and gherkins, melons, carrots and turnips, cauliflower and broccoli, lettuce and chicory, garlic, spinach, eggplants (aubergine), mushrooms and truffles, green beans, asparagus, peas (green) and leeks and other alliaceous vegetables lagged somewhat behind, together accounting for a further
%.
From 2007 to 2019, the biggest increases were in asparagus, while vegetable consumption for the other products experienced more modest paces of growth.
In value terms, the largest types of vegetables in terms of market size were chilies and peppers (green) ($
), fresh vegetables, nes ($
) and watermelons ($
), with a combined
% share of the total market. These products were followed by dry onions, cabbage and other brassicas, cauliflower and broccoli, cucumbers and gherkins, tomatoes, lettuce and chicory, potatoes, spinach, melons, mushrooms and truffles, carrots and turnips, garlic, eggplants (aubergine), asparagus, green beans, peas (green) and leeks and other alliaceous vegetables, which together accounted for a further
%.
Among the main consumed products, asparagus recorded the highest growth rate of market size, over the period under review, while vegetable market for the other products experienced more modest paces of growth.





From 2007 to 2019, the biggest increases were in asparagus, while vegetable consumption for the other products experienced more modest paces of growth.
In value terms, the largest types of vegetables in terms of market size were chilies and peppers (green) ($





Among the main consumed products, asparagus recorded the highest growth rate of market size, over the period under review, while vegetable market for the other products experienced more modest paces of growth.
Market Forecast
Driven by increasing demand for vegetable in Brunei Darussalam, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +
% for the period from 2019 to
, which is projected to bring the market volume to
tonnes by the end of
.




Market Structure
Driven by a growing demand, the share of imports in total supply in Brunei Darussalam increased significantly over the last twelve-year period (from
% to
%).


Trade Balance
Brunei Darussalam remains a net importer of vegetable; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of
tonnes, which was equal to $
. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.


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