India - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in India - 2023
Contents:
- Apple Price in India (CIF) - 2023
- Apple Price in India (FOB) - 2023
- Apple Imports in India
- Apple Exports in India
Apple Price in India (CIF) - 2023
The average apple import price stood at $909 per ton in July 2023, picking up by 5.2% against the previous month. Over the period under review, the import price, however, showed a mild curtailment. The growth pace was the most rapid in May 2023 when the average import price increased by 16% month-to-month. The import price peaked at $1,125 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($1,109 per ton), while the price for Iran ($602 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Iran (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Price in India (FOB) - 2023
In July 2023, the average apple export price amounted to $734 per ton, which is down by -41% against the previous month. In general, the export price, however, showed a temperate increase. The most prominent rate of growth was recorded in February 2023 an increase of 126% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,840 per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Bhutan ($2,119 per ton), while the average price for exports to Nepal totaled $518 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Imports in India
In 2022, the amount of apples imported into India declined to 393K tons, reducing by -10% compared with the previous year's figure. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 102%. As a result, imports reached the peak of 436K tons, and then dropped in the following year.
In value terms, apple imports fell markedly to $314M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. As a result, imports reached the peak of $377M, and then shrank rapidly in the following year.
| Import of Apple in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 22.3 | 28.3 | 66.1 | 89.0 | 58.6% |
| Italy | 53.0 | 27.6 | 47.1 | 47.6 | -3.5% |
| Chile | 43.1 | 21.8 | 61.7 | 38.5 | -3.7% |
| Iran | 4.5 | 18.4 | 54.7 | 38.2 | 104.0% |
| New Zealand | 21.5 | 26.2 | 42.3 | 23.5 | 3.0% |
| South Africa | 2.8 | 2.1 | 10.5 | 18.4 | 87.3% |
| Poland | 17.6 | 7.5 | 6.4 | 14.0 | -7.3% |
| Brazil | 5.9 | 6.9 | 22.4 | 10.4 | 20.8% |
| United Arab Emirates | 0.4 | 0.2 | 9.6 | 10.3 | 195.3% |
| United States | 58.8 | 41.5 | 26.0 | 5.8 | -53.8% |
| Others | 13.9 | 20.9 | 30.6 | 18.3 | 9.6% |
| Total | 244 | 201 | 377 | 314 | 8.8% |
Top Suppliers of Apple to India in 2022:
- Turkey (110.7K tons)
- Iran (79.2K tons)
- Italy (54.9K tons)
- Chile (34.1K tons)
- United Arab Emirates (21.2K tons)
- New Zealand (19.4K tons)
- South Africa (17.9K tons)
- Poland (17.6K tons)
- Brazil (11.6K tons)
- United States (5.0K tons)
Apple Exports in India
In 2022, exports of apples from India surged to 53K tons, rising by 82% compared with the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, apple exports soared to $21M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Apple in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 3.6 | 8.3 | 8.3 | 11.1 | 45.5% |
| Nepal | 5.6 | 5.2 | 5.0 | 9.1 | 17.6% |
| Others | 0.7 | 0.5 | 1.1 | 1.2 | 19.7% |
| Total | 9.8 | 14.1 | 14.3 | 21.3 | 29.5% |
Top Export Markets for Apple from India in 2022:
- Bangladesh (32.0K tons)
- Nepal (20.0K tons)
This report provides an in-depth analysis of the apple market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 515 - Apples
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In October 2022, the apple price stood at $925 per ton (CIF, India), with a decrease of -16.3% against the previous month.
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In 2015, Indian apple market decreased to X thousand tons. In value terms, it dropped to X million USD.
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The global apple market is forecast to reach $115M by 2030, growing at a CAGR of 3.5% during the period 2022-2030.
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The global apple market was finally on the rise to reach $78.8B in 2019. Global consumption peaked in 2019 but its further growth might be hampered by the pandemic.
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The global apple market revenue amounted to $85B in 2018, increasing by 24% against the previous year. This figure...
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In 2016, the apple market grew to X tons, which was by X tons (or X%) more than the year before. Overall, there was an upward trend of apple consumption; the average annual growth rate was at +X% per year, over the last nine years. In whol
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