India - Mangoes, Mangosteens And Guavas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia's Mango and Mangosteen Prices Rises to $1,371 per Ton
India Mango and Mangosteen Export Price in November 2022
In November 2022, the mango and mangosteen price stood at $1,371 per ton (FOB, India), increasing by 3.6% against the previous month. Over the period under review, export price indicated a temperate expansion from January 2022 to November 2022: its price increased at an average monthly rate of +3.6% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, mango and mangosteen export price increased by +24.4% against July 2022 indices. The most prominent rate of growth was recorded in April 2022 an increase of 29% month-to-month. As a result, the export price reached the peak level of $1,562 per ton. From May 2022 to November 2022, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($2,225 per ton), while the average price for exports to Indonesia ($537 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
India Mango and Mangosteen Exports
In November 2022, overseas shipments of mangoes, mangosteens and guavas decreased by -9% to 12K tons, falling for the third consecutive month after two months of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 with an increase of 27% month-to-month. The exports peaked at 21K tons in August 2022; however, from September 2022 to November 2022, the exports failed to regain momentum.
In value terms, mango and mangosteen exports dropped to $16M (IndexBox estimates) in November 2022. Over the period under review, exports, however, showed a notable increase. The most prominent rate of growth was recorded in April 2022 with an increase of 43% against the previous month. The exports peaked at 28K tons in August 2022; however, from September 2022 to November 2022, the exports failed to regain momentum.
India Mango and Mangosteen Exports by Country
Saudi Arabia (2.8K tons) was the main destination for mango and mangosteen exports from India, accounting for a 24% share of total exports. Moreover, mango and mangosteen exports to Saudi Arabia exceeded the volume sent to the second major destination, Kuwait (1.2K tons), twofold. The United Arab Emirates (1.1K tons) ranked third in terms of total exports with a 9.5% share.
From January 2022 to November 2022, the average monthly rate of growth in terms of volume to Saudi Arabia amounted to +7.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Kuwait (+6.8% per month) and the United Arab Emirates (+10.5% per month).
In value terms, Saudi Arabia ($3.5M) remains the key foreign market for mango and mangosteen exports from India, comprising 22% of total exports. The second position in the ranking was taken by the United Arab Emirates ($1.5M), with a 9.5% share of total exports. It was followed by Russia, with an 8.9% share.
From January 2022 to November 2022, the average monthly growth rate of value to Saudi Arabia amounted to +13.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United Arab Emirates (+11.9% per month) and Russia (+27.9% per month).
Factors Driving the Rise in Mango and Mangosteen Prices
Mango and mangosteen are two popular tropical fruits grown and consumed in India. The demand for these fruits has been rising in India and globally, which is the contributing factor to the price growth. The increasing demand is due to the health benefits associated with the fruits, including the presence of antioxidants, vitamins, and minerals. As a result, more people are willing to pay a premium for these fruits, leading to an increase in prices.
One of the primary reasons for the rise in price is the seasonal nature of the fruits. Mangoes and mangosteen are harvested only during specific times of the year, and any disruption to the supply chain can impact the availability and price of the fruits. Extreme weather conditions such as droughts, floods, or storms can also affect the quality and quantity of the fruits, leading to higher prices.
Another significant factor behind the increase in mango and mangosteen prices is transportation costs. These fruits are mostly grown in specific regions of India, and transportation costs from these areas to the cities can significantly increase the final price of the fruits. Fuel prices and road infrastructure can also affect the transportation costs, leading to fluctuations in prices.
Lastly, domestic and international economic conditions can also play a role in the price of mango and mangosteen in India. The exchange rate of the Indian Rupee, inflation rates, and trade policies can impact the cost of production and the final price of the fruits.
This report provides an in-depth analysis of the mango and mangosteen market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 571 - Mangoes
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
