India: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in India

The Indian mixes and doughs market shrank slightly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Mixes And Doughs Production in India

In value terms, mixes and doughs production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 13% against the previous year. Mixes and doughs production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Mixes And Doughs Exports

Exports from India

In 2022, shipments abroad of mixes and doughs increased by 49% to X tons, rising for the seventh year in a row after three years of decline. Overall, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 74%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mixes and doughs exports surged to $X in 2022. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 58% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

The United Arab Emirates (X tons) was the main destination for mixes and doughs exports from India, with a 37% share of total exports. Moreover, mixes and doughs exports to the United Arab Emirates exceeded the volume sent to the second major destination, Nepal (X tons), fourfold. The third position in this ranking was held by Qatar (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+90.9% per year) and Qatar (+76.8% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for mixes and doughs exports from India, comprising 30% of total exports. The second position in the ranking was held by Nepal ($X), with a 9.7% share of total exports. It was followed by Qatar, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+76.4% per year) and Qatar (+60.1% per year).

Export Prices by Country

The average mixes and doughs export price stood at $X per ton in 2022, declining by -12.1% against the previous year. Overall, the export price recorded a noticeable contraction. The growth pace was the most rapid in 2014 when the average export price increased by 6.8% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Romania ($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 Australia (+1.8%), while the prices for the other major destinations experienced a decline.

Mixes And Doughs Imports

Imports into India

Mixes and doughs imports into India surged to X tons in 2022, increasing by 48% compared with 2021 figures. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mixes and doughs imports soared to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +107.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X tons), Thailand (X tons) and Germany (X tons) were the main suppliers of mixes and doughs imports to India, together accounting for 72% of total imports. Greece, Malaysia, France, Australia, the Netherlands, Israel, Italy and the United States lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +86.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constituted the largest supplier of mixes and doughs to India, comprising 41% of total imports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Singapore stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+29.0% per year) and Germany (+34.4% per year).

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in 2015 an increase of 7% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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