Report Update Jan 1, 2025

India - Carob - Market Analysis, Forecast, Size, Trends and Insights

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India: Carob Market 2025

Carob Market Size in India

The Indian carob market rose slightly to $X in 2022, increasing by 4.1% against the previous year. In general, consumption, however, enjoyed a significant expansion. Carob consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Carob Production in India

In value terms, carob production rose significantly to $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 51%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average yield of carob in India stood at less than X kg per ha, almost unchanged from the previous year's figure. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The carob harvested area in India amounted to less than X ha in 2022, remaining relatively unchanged against 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Carob Exports

Exports from India

In 2022, overseas shipments of carob decreased by -11.7% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 218% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, carob exports reduced notably to $X in 2022. Overall, exports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 281%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons), the United States (X tons) and Myanmar (X tons) were the main destinations of carob exports from India, together comprising 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +240.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), the United States ($X) and Myanmar ($X) appeared to be the largest markets for carob exported from India worldwide, with a combined 97% share of total exports.

Among the main countries of destination, Poland, with a CAGR of +31.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average carob export price stood at $X per ton in 2022, reducing by -10.8% against the previous year. In general, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 an increase of 164%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Myanmar ($X per ton) and Poland ($X per ton), while the average price for exports to the United States ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Carob Imports

Imports into India

In 2022, approx. X tons of carob were imported into India; reducing by -44% compared with 2021. In general, imports, however, showed a significant expansion. Imports peaked at X tons in 2021, and then fell markedly in the following year.

In value terms, carob imports dropped significantly to $X in 2022. Over the period under review, imports, however, saw a significant increase. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, South Africa (X tons) was the main supplier of carob to India, with a approx. 99% share of total imports.

From 2013 to 2022, the average annual growth rate of volume from South Africa was relatively modest.

In value terms, South Africa ($X) constituted the largest supplier of carob to India.

From 2013 to 2022, the average annual rate of growth in terms of value from South Africa was relatively modest.

Import Prices by Country

In 2022, the average carob import price amounted to $X per ton, increasing by 8.6% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Spain amounted to -9.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carob in the world?

The countries with the highest volumes of carob consumption in 2020 were Portugal, Italy and Turkey, together accounting for 51% of global consumption. These countries were followed by Morocco, Greece, Vietnam, Cyprus, France, Algeria, Switzerland, Lebanon and Egypt, which together accounted for a further 40%.

What are the largest producers of carob in the world?

The countries with the highest volumes of carob production in 2020 were Portugal, Italy and Morocco, with a combined 57% share of global production. These countries were followed by Turkey, Spain, Greece, Cyprus and Algeria, which together accounted for a further 36%.

What are the leading suppliers of carob to India?

In value terms, Greece constituted the largest supplier of carob to India.

What are the leading importers of carob from India?

In value terms, Poland emerged as the key foreign market for carob exports from India, comprising 34% of total exports. The second position in the ranking was occupied by Bangladesh, with a 15% share of total exports.

What is the average export price for carob in India?

The average carob export price stood at $1,485 per ton in 2020, growing by 16% against the previous year.

What is the average import price for carob in India?

The average carob import price stood at $6,536 per ton in 2018, reducing by -7% against the previous year.

This report provides an in-depth analysis of the carob 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 461 - Carobs

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 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 Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024