India: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in India

In 2021, the Indian fruit or nut preserves market decreased by -2.4% to $X for the first time since 2011, thus ending a nine-year rising trend. The market value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fruit or nut preserves consumption peaked at $X in 2020, and then contracted slightly in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in India

In value terms, fruit or nut preserves production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.1% over the period 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 2013 when the production volume increased by 13% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from India

In 2021, exports of jams, marmalades, fruit jellies, fruit or nut purees and pastes from India soared to X tons, with an increase of 31% compared with the year before. Overall, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.3% against 2019 indices. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, fruit or nut preserves exports surged to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +10.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for fruit or nut preserves exports from India, accounting for a 23% share of total exports. Moreover, fruit or nut preserves exports to the Netherlands exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+11.0% per year) and the United States (+5.3% per year).

In value terms, the Netherlands ($X) remains the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from India, comprising 21% of total exports. The second position in the ranking was held by Iran ($X), with a 9.5% share of total exports. It was followed by the United States, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+12.7% per year) and the United States (+9.2% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, surging by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Indonesia ($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 Iran (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into India

In 2021, approx. X tons of jams, marmalades, fruit jellies, fruit or nut purees and pastes were imported into India; with an increase of 3% on the previous year's figure. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 37% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, fruit or nut preserves imports soared to $X in 2021. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by 49%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Turkey (X tons) and France (X tons) were the main suppliers of fruit or nut preserves imports to India, together accounting for 43% of total imports. Bhutan, the Philippines, the UK, Malaysia, Italy, Chile, the United Arab Emirates, Thailand, Greece and the Netherlands lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +7,934.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to India were Belgium ($X), Italy ($X) and France ($X), together accounting for 51% of total imports. These countries were followed by Turkey, the Philippines, Malaysia, the UK, Bhutan, Thailand, the Netherlands, the United Arab Emirates, Chile and Greece, which together accounted for a further 39%.

Chile, with a CAGR of +4,326.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fruit or nut preserves import price amounted to $X per ton, with an increase of 36% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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