India: Nuts Market 2025

Nuts Market Size in India

The Indian nuts market soared to $X in 2022, increasing by X% against the previous year. In general, consumption recorded a prominent increase. Nuts consumption peaked in 2022 and is likely to see steady growth in years to come.

Nuts Production in India

In value terms, nuts production totaled $X in 2022 estimated in export price. Overall, production, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of nuts in India dropped modestly to X tons per ha, with a decrease of X% compared with the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the average nuts yield hit record highs at X tons per ha in 2021, and then contracted modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of nuts were harvested in India; which is down by X% on the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The nuts harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

Nuts Exports

Exports from India

In 2022, nuts exports from India reached X tons, growing by X% against the previous year. Overall, exports recorded a resilient increase. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, nuts exports expanded sharply to $X in 2022. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Bangladesh (X tons) was the main destination for nuts exports from India, with a X% share of total exports. Moreover, nuts exports to Bangladesh exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest markets for nuts exported from India were Vietnam ($X), Bangladesh ($X) and Myanmar ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Bangladesh, with a CAGR of X%, recorded 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 nuts export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts export price decreased by X% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

Nuts Imports

Imports into India

In 2022, the amount of nuts imported into India surged to X tons, increasing by X% against 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nuts imports surged to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Cote d'Ivoire (X tons), the United States (X tons) and Ghana (X tons) were the main suppliers of nuts imports to India, with a combined X% share of total imports. Benin, Guinea-Bissau, Tanzania, Nigeria, Guinea, Burkina Faso, Senegal, Togo and Mozambique lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X) constituted the largest supplier of nuts to India, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Ghana, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and Ghana (X% per year).

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nuts import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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