India - Sardines (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jun 1, 2025

India - Sardines (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Preserved sardines Price in India - 2023

Contents:

  1. Price Forecast for Sardines (Prepared Or Preserved) in India till 2025
  2. Preserved sardines Price in India (FOB) - 2023
  3. Preserved sardines Price in India (CIF) - 2023
  4. India Preserved sardines Exports
  5. India Preserved sardines Imports

Price Forecast for Sardines (Prepared Or Preserved) in India till 2025

Preserved sardines Price in India (FOB) - 2023

In February 2023, the average preserved sardines export price amounted to $2,330 per ton, falling by -7.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 41% against the previous month. The export price peaked at $2,647 per ton in June 2022; however, from July 2022 to February 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In February 2023, the country with the highest price was Burkina Faso ($2,886 per ton), while the average price for exports to the United Arab Emirates ($1,970 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved sardines Price in India (CIF) - 2023

In January 2023, the average preserved sardines import price amounted to $2,997 per ton, stabilizing at the previous month. Over the period under review, the import price showed a dramatic slump. As a result, import price reached the peak level of $101K per ton. From March 2022 to January 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From February 2022 to January 2023, the rate of growth in terms of prices for Thailand amounted to +2.6% per month.

India Preserved sardines Exports

COUNTRY201920202021CAGR,
2019-2021
Thousand USD
Democratic Republic of the Congo128161946171.9%
Angola159259663104.2%
Burkina Faso32.345.8228165.7%
Niger18422922410.3%
United Arab Emirates0.20.32123155.8%
Congo76.488.119861.0%
IraqN/AN/A1850%
Nigeria2017.7138-17.1%
Senegal10.358.2111228.3%
Mozambique17.737.095.1131.8%
Equatorial GuineaN/AN/A90.40%
ChadN/AN/A90.00%
Libya10911383.4-12.5%
Others7201,257339-31.4%
Total1,6392,2563,60248.2%

Top Export Markets for Sardines (prepared or preserved) from India 2022:

  1. Democratic Republic of the Congo (420.0 tons)
  2. Nigeria (271.7 tons)
  3. Angola (241.2 tons)
  4. Niger (100.0 tons)
  5. United Arab Emirates (86.9 tons)
  6. Burkina Faso (83.2 tons)
  7. Congo (80.0 tons)
  8. Equatorial Guinea (60.0 tons)
  9. Iraq (52.0 tons)
  10. Chad (45.0 tons)
  11. Senegal (43.8 tons)
  12. Libya (40.0 tons)
  13. Mozambique (40.0 tons)

For the third year in a row, India recorded growth in overseas shipments of sardines (prepared or preserved), which increased by 77% to 1.7K tons in 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved sardines exports soared to $3.6M in 2021. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

India Preserved sardines Imports

COUNTRY201920202021CAGR,
2019-2021
Thousand USD
Thailand27.4131157139.4%
Indonesia52.969.249.7-3.1%
Nigeria0.30.83.6246.4%
Malaysia1.22.8N/A133.3%
OmanN/A75.6N/A0%
Myanmar40.7119N/A192.4%
Others16.639.64.3-49.1%
Total13943821524.4%

Top Suppliers of Sardines (prepared or preserved) to India 2022:

  1. Thailand (31.6 tons)
  2. Indonesia (20.1 tons)
  3. Nigeria (3.7 tons)

After two years of growth, overseas purchases of sardines (prepared or preserved) decreased by -78.4% to 56 tons in 2021. In general, imports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2020 when imports increased by 346% against the previous year. As a result, imports attained the peak of 259 tons, and then declined markedly in the following year.

In value terms, preserved sardines imports declined markedly to $215K in 2021. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 214% against the previous year. As a result, imports reached the peak of $438K, and then fell notably in the following year.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved sardines 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:

  • Prodcom 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, whole or in pieces (excluding minced products and prepared meals and dishes)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, By Product
    11. Average Per Capita Consumption, By Product
    12. Exports and Growth, By Product
    13. Export Prices and Growth, By Product
    14. Production Volume and Growth
    15. Exports and Growth
    16. Export Prices and Growth
    17. Market Size and Growth
    18. Per Capita Consumption
    19. Imports and Growth
    20. Import Prices
    21. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country, 2012–2024
    29. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    30. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country, 2012–2024
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