India: Root And Tuber Market 2024

Root And Tuber Market Size in India

The Indian root and tuber market reached $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Root And Tuber Production in India

In value terms, root and tuber production expanded significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The average yield of roots and tubers in India reduced modestly to X tons per ha in 2022, approximately equating 2021 figures. Over the period under review, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. Over the period under review, the average root and tuber yield attained the peak level at X tons per ha in 2021, and then fell 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 roots and tubers were harvested in India; with a decrease of X% against the previous year's figure. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha, and then declined slightly in the following year.

Root And Tuber Exports

Exports from India

In 2022, approx. X tons of roots and tubers were exported from India; increasing by X% on the previous year. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, root and tuber exports skyrocketed to $X in 2022. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Nepal (X tons) was the main destination for root and tuber exports from India, with a X% share of total exports. Moreover, root and tuber exports to Nepal exceeded the volume sent to the second major destination, Oman (X tons), sevenfold. The third position in this ranking was taken by Saudi Arabia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nepal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).

In value terms, Nepal ($X) remains the key foreign market for roots and tubers exports from India, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with an X% share of total exports. It was followed by Saudi Arabia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Nepal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, export price indicated moderate 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, root and tuber export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 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 the United Arab Emirates ($X per ton), while the average price for exports to Nepal ($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 Nepal (X%), while the prices for the other major destinations experienced mixed trend patterns.

Root And Tuber Imports

Imports into India

In 2022, purchases abroad of roots and tubers increased by X% to X tons, rising for the third year in a row after two years of decline. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, root and tuber imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Bhutan (X tons) was the main root and tuber supplier to India, with a X% share of total imports. It was followed by Bangladesh (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Bhutan stood at X%.

In value terms, Bhutan ($X) constituted the largest supplier of roots and tubers to India, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Bhutan stood at X%.

Import Prices by Country

In 2022, the average root and tuber import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bhutan ($X per ton), while the price for Bangladesh totaled $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :