Southern Asia: Market for Nuts (Prepared Or Preserved) 2025

Market Size for Nuts (Prepared Or Preserved) in Southern Asia

In 2021, after two years of growth, there was significant decline in the South Asian nuts (prepared or preserved) market, when its value decreased by -9.3% to $X. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +6.9% against 2017 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Nuts (Prepared Or Preserved) in Southern Asia

In value terms, nuts (prepared or preserved) production dropped to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +1.1% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 26% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Nuts (Prepared Or Preserved)

Exports in Southern Asia

In 2021, approx. X tons of nuts (prepared or preserved) were exported in Southern Asia; picking up by 17% on 2020 figures. Overall, exports posted prominent growth. The growth pace was the most rapid in 2017 when exports increased by 214%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, nuts (prepared or preserved) exports surged to $X in 2021. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 180%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India represented the key exporting country with an export of around X tons, which resulted at 63% of total exports. It was distantly followed by Sri Lanka (X tons) and Bangladesh (X tons), together committing a 33% share of total exports. Pakistan (X tons) took a minor share of total exports.

Exports from India increased at an average annual rate of +6.8% from 2012 to 2021. At the same time, Pakistan (+24.6%) and Sri Lanka (+14.6%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +24.6% from 2012-2021. By contrast, Bangladesh (-8.3%) illustrated a downward trend over the same period. Sri Lanka (+13 p.p.) and Pakistan (+2.3 p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by -16.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest nuts (prepared or preserved) supplier in Southern Asia, comprising 60% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 29% share of total exports. It was followed by Pakistan, with a 3.9% share.

In India, nuts (prepared or preserved) exports expanded at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+14.8% per year) and Pakistan (+31.6% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 when the export price increased by 21%. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+5.6%), while the other leaders experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports in Southern Asia

In 2021, supplies from abroad of nuts (prepared or preserved) increased by 52% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 193% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in years to come.

In value terms, nuts (prepared or preserved) imports soared to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 143%. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2021, India (X tons) represented the major importer of nuts (prepared or preserved), making up 48% of total imports. Afghanistan (X tons) ranks second in terms of the total imports with a 24% share, followed by Nepal (8.2%), Pakistan (6.2%), Bangladesh (5.5%) and Maldives (5%). Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to nuts (prepared or preserved) imports into India stood at +31.9%. At the same time, Afghanistan (+36.3%), Nepal (+28.1%), Pakistan (+24.9%), Bangladesh (+17.5%), Sri Lanka (+14.9%) and Maldives (+1.8%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +36.3% from 2012-2021. From 2012 to 2021, the share of India, Afghanistan and Nepal increased by +19, +13 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported nuts (prepared or preserved) in Southern Asia, comprising 53% of total imports. The second position in the ranking was held by Afghanistan ($X), with a 19% share of total imports. It was followed by Nepal, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in India amounted to +33.8%. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (+33.6% per year) and Nepal (+32.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, picking up by 18% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by 34%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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