India: Orange Market 2024

Orange Market Size in India

For the eleventh year in a row, the Indian orange market recorded growth in sales value, which increased by 0.5% to $X in 2022. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +113.9% against 2012 indices. Orange consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Orange Production in India

In value terms, orange production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.9% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 31%. Orange production peaked at $X in 2020; afterwards, it flattened through to 2022.

The average yield of oranges in India stood at X tons per ha in 2022, therefore, remained relatively stable against 2021 figures. Overall, the yield indicated resilient growth from 2012 to 2022: its figure increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orange yield decreased by -1.2% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 14% against the previous year. The orange yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The orange harvested area in India shrank to X ha in 2022, reducing by -1.7% against the previous year. The harvested area increased at an average annual rate of +3.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 29%. The orange harvested area peaked at X ha in 2021, and then fell modestly in the following year.

Orange Exports

Exports from India

In 2022, shipments abroad of oranges decreased by -34.8% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2019 when exports increased by 304% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, orange exports declined sharply to $X in 2022. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 362% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Bangladesh (X tons) was the main destination for orange exports from India, accounting for a 87% share of total exports. Moreover, orange exports to Bangladesh exceeded the volume sent to the second major destination, Nepal (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to Bangladesh amounted to +13.3%.

In value terms, Bangladesh ($X) remains the key foreign market for oranges exports from India, comprising 90% of total exports. The second position in the ranking was held by Nepal ($X), with a 9.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh stood at +11.2%.

Export Prices by Country

In 2022, the average orange export price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the export price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2014 an increase of 15%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Nepal stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+3.2%).

Orange Imports

Imports into India

Orange imports into India contracted rapidly to X tons in 2022, waning by -19.5% compared with the previous year's figure. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 270%. As a result, imports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, orange imports contracted remarkably to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 225% against the previous year. As a result, imports reached the peak of $X, and then declined markedly in the following year.

Imports by Country

In 2022, Egypt (X tons) constituted the largest orange supplier to India, with a 73% share of total imports. Moreover, orange imports from Egypt exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt totaled +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+14.7% per year) and the United Arab Emirates (+52.0% per year).

In value terms, Egypt ($X) constituted the largest supplier of oranges to India, comprising 70% of total imports. The second position in the ranking was taken by South Africa ($X), with a 24% share of total imports. It was followed by the United Arab Emirates, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from Egypt stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+13.1% per year) and the United Arab Emirates (+51.1% per year).

Import Prices by Country

The average orange import price stood at $X per ton in 2022, with a decrease of -6.8% against the previous year. Overall, the import price showed a slight reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 18% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a 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 Australia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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