India: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in India

The Indian homogenised jam and marmalade market shrank modestly to $X in 2022, with a decrease of -2.1% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in India

In value terms, homogenised jam and marmalade production fell to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from India

In 2022, overseas shipments of homogenised preparations of jams, fruit jellies and marmalades increased by 4.1% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,547% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports rose modestly to $X in 2022. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 624%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons), the United States (X tons) and the Dominican Republic (X tons) were the main destinations of homogenised jam and marmalade exports from India, with a combined 61% share of total exports. Nepal, the Netherlands, Saudi Arabia, Qatar and Singapore lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +126.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for homogenised jam and marmalade exported from India were the UK ($X), the United States ($X) and the Netherlands ($X), with a combined 69% share of total exports. The Dominican Republic, Nepal, Qatar, Saudi Arabia and Singapore lagged somewhat behind, together comprising a further 18%.

Qatar, with a CAGR of +145.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average homogenised jam and marmalade export price stood at $X per ton in 2022, shrinking by -1.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 153% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into India

In 2022, purchases abroad of homogenised preparations of jams, fruit jellies and marmalades increased by 60% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2016 with an increase of 1,580%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, homogenised jam and marmalade imports skyrocketed to $X in 2022. Over the period under review, imports showed a notable expansion. The most prominent rate of growth was recorded in 2016 with an increase of 532% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest homogenised jam and marmalade supplier to India, with a 86% share of total imports. Moreover, homogenised jam and marmalade imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +82.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+20.0% per year) and Turkey (-20.2% per year).

In value terms, Italy ($X) constituted the largest supplier of homogenised preparations of jams, fruit jellies and marmalades to India, comprising 95% of total imports. The second position in the ranking was taken by Turkey ($X), with a 3.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +104.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.7% per year) and the UK (-3.0% per year).

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, increasing by 48% against the previous year. Overall, the import price continues to indicate a strong increase. The growth pace was the most rapid in 2020 an increase of 217%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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