India: Frozen Fruit Market 2022

Frozen Fruit Market Size in India

In 2021, the Indian frozen fruit market was finally on the rise to reach $X for the first time since 2012, thus ending a eight-year declining trend. Overall, consumption, however, continues to indicate a deep slump. Frozen fruit consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Frozen Fruit Production in India

In value terms, frozen fruit production totaled $X in 2021 estimated in export price. In general, production, however, faced a abrupt contraction. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Frozen Fruit Exports

Exports from India

In 2021, the amount of frozen fruits exported from India surged to X tons, jumping by X% against the year before. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, frozen fruit exports soared to $X in 2021. Over the period under review, total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for frozen fruit exports from India, with a X% share of total exports. Moreover, frozen fruit exports to Saudi Arabia exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by the United States (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Saudi Arabia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the United States (+X% per year).

In value terms, the largest markets for frozen fruit exported from India were Saudi Arabia ($X), the United States ($X) and the Netherlands ($X), with a combined X% share of total exports. The United Arab Emirates, Germany, the UK, Poland, Belgium and Russia lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Russia, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen fruit export price stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fruit Imports

Imports into India

In 2021, frozen fruit imports into India skyrocketed to X tons, with an increase of X% on 2020 figures. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, frozen fruit imports soared to $X in 2021. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Canada (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of frozen fruit imports to India, together comprising X% of total imports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit suppliers to India were Poland ($X), Canada ($X) and Turkey ($X), with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fruit import price stood at $X per ton in 2021, picking up by X% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen fruit import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ukraine ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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