India - Sardines (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved sardines Price in India - 2023
Contents:
- Price Forecast for Sardines (Prepared Or Preserved) in India till 2025
- Preserved sardines Price in India (FOB) - 2023
- Preserved sardines Price in India (CIF) - 2023
- India Preserved sardines Exports
- 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
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| Thousand USD | ||||
| Democratic Republic of the Congo | 128 | 161 | 946 | 171.9% |
| Angola | 159 | 259 | 663 | 104.2% |
| Burkina Faso | 32.3 | 45.8 | 228 | 165.7% |
| Niger | 184 | 229 | 224 | 10.3% |
| United Arab Emirates | 0.2 | 0.3 | 212 | 3155.8% |
| Congo | 76.4 | 88.1 | 198 | 61.0% |
| Iraq | N/A | N/A | 185 | 0% |
| Nigeria | 201 | 7.7 | 138 | -17.1% |
| Senegal | 10.3 | 58.2 | 111 | 228.3% |
| Mozambique | 17.7 | 37.0 | 95.1 | 131.8% |
| Equatorial Guinea | N/A | N/A | 90.4 | 0% |
| Chad | N/A | N/A | 90.0 | 0% |
| Libya | 109 | 113 | 83.4 | -12.5% |
| Others | 720 | 1,257 | 339 | -31.4% |
| Total | 1,639 | 2,256 | 3,602 | 48.2% |
Top Export Markets for Sardines (prepared or preserved) from India 2022:
- Democratic Republic of the Congo (420.0 tons)
- Nigeria (271.7 tons)
- Angola (241.2 tons)
- Niger (100.0 tons)
- United Arab Emirates (86.9 tons)
- Burkina Faso (83.2 tons)
- Congo (80.0 tons)
- Equatorial Guinea (60.0 tons)
- Iraq (52.0 tons)
- Chad (45.0 tons)
- Senegal (43.8 tons)
- Libya (40.0 tons)
- 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
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| Thousand USD | ||||
| Thailand | 27.4 | 131 | 157 | 139.4% |
| Indonesia | 52.9 | 69.2 | 49.7 | -3.1% |
| Nigeria | 0.3 | 0.8 | 3.6 | 246.4% |
| Malaysia | 1.2 | 2.8 | N/A | 133.3% |
| Oman | N/A | 75.6 | N/A | 0% |
| Myanmar | 40.7 | 119 | N/A | 192.4% |
| Others | 16.6 | 39.6 | 4.3 | -49.1% |
| Total | 139 | 438 | 215 | 24.4% |
Top Suppliers of Sardines (prepared or preserved) to India 2022:
- Thailand (31.6 tons)
- Indonesia (20.1 tons)
- 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.
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:
- 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
-
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
- 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 VOLUME AND VALUE
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
- 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
- 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
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