India: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in India

The Indian fruit-preparation industrial machinery market was estimated at $X in 2021, approximately reflecting the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Fruit-Preparation Industrial Machinery Production in India

In value terms, fruit-preparation industrial machinery production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 19% against the previous year. Fruit-preparation industrial machinery production peaked at $X in 2020, and then declined in the following year.

Fruit-Preparation Industrial Machinery Exports

Exports from India

For the sixth year in a row, India recorded growth in overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables, which increased by 5% to X units in 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 323% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, fruit-preparation industrial machinery exports soared to $X in 2021. Overall, exports enjoyed buoyant growth. The growth pace was the most rapid in 2014 when exports increased by 90% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Italy (X units) was the main destination for fruit-preparation industrial machinery exports from India, accounting for a 29% share of total exports. Moreover, fruit-preparation industrial machinery exports to Italy exceeded the volume sent to the second major destination, Nigeria (X units), threefold. The Philippines (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy stood at +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+45.4% per year) and the Philippines (+110.8% per year).

In value terms, the largest markets for fruit-preparation industrial machinery exported from India were Indonesia ($X), Nigeria ($X) and Russia ($X), together comprising 36% of total exports. These countries were followed by Mozambique, the Philippines, Benin, Senegal, Nepal, Mali, Italy, Cote d'Ivoire, Mauritius and Qatar, which together accounted for a further 26%.

In terms of the main countries of destination, the Philippines, with a CAGR of +123.8%, saw the highest rates of growth with regard to 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 fruit-preparation industrial machinery export price stood at $X per unit in 2021, growing by 22% against the previous year. In general, the export price, however, faced a abrupt slump. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.1%), while the prices for the other major destinations experienced a decline.

Fruit-Preparation Industrial Machinery Imports

Imports into India

In 2021, fruit-preparation industrial machinery imports into India soared to X units, jumping by 111% compared with 2020. In general, imports continue to indicate a remarkable increase. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery imports soared to $X in 2021. Over the period under review, imports posted buoyant growth. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Vietnam (X units) were the main suppliers of fruit-preparation industrial machinery imports to India, together accounting for 79% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +37.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of industrial machinery for the preparation of fruits, nuts or vegetables to India, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +35.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.8% per year) and Vietnam (+16.7% per year).

Import Prices by Country

In 2021, the average fruit-preparation industrial machinery import price amounted to $X per unit, picking up by 16% against the previous year. In general, the import price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 an increase of 44% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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