India: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in India

The Indian market for non-citrus fruits not elsewhere classified declined modestly to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Non-citrus fruits not elsewhere classified consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Non-Citrus Fruits Not Elsewhere Classified in India

In value terms, non-citrus fruits not elsewhere classified production declined slightly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.3% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 50% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from India

In 2022, approx. X tons of non-citrus fruits not elsewhere classified were exported from India; shrinking by -13.9% on the previous year. Over the period under review, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.0% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of 38% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, non-citrus fruits not elsewhere classified exports contracted markedly to $X in 2022. In general, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.8% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 35% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for non-citrus fruits not elsewhere classified exports from India, with a 55% share of total exports. Moreover, non-citrus fruits not elsewhere classified exports to Bangladesh exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by Nepal (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh amounted to +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-1.4% per year) and Nepal (+13.0% per year).

In value terms, Bangladesh ($X), the United Arab Emirates ($X) and Nepal ($X) were the largest markets for non-citrus fruits not elsewhere classified exported from India worldwide, together accounting for 66% of total exports. Qatar and Saudi Arabia lagged somewhat behind, together accounting for a further 6.1%.

In terms of the main countries of destination, Qatar, with a CAGR of +19.1%, 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 export price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, declining by -5.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 37%. 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.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Bangladesh ($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 Saudi Arabia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into India

In 2022, imports of non-citrus fruits not elsewhere classified into India surged to X tons, growing by 70% on the previous year's figure. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 72% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-citrus fruits not elsewhere classified imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest non-citrus fruits not elsewhere classified supplier to India, with a 80% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Vietnam stood at +190.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+8.2% per year) and Afghanistan (+14.4% per year).

In value terms, Vietnam ($X) constituted the largest supplier of non-citrus fruits not elsewhere classified to India, comprising 68% of total imports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam stood at +195.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+10.9% per year) and Afghanistan (+22.3% per year).

Import Prices by Country

The average import price for non-citrus fruits not elsewhere classified stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, showed a slight descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 25%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, 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 Afghanistan ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform