Curry Price in India - 2022
Contents:
Curry Price in India (FOB) - 2022
The average curry export price stood at $3,949 per ton in 2022, with an increase of 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2017 an increase of 22% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Venezuela ($5,445 per ton), while the average price for exports to Seychelles ($138 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 Morocco (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Curry Exports in India
For the third year in a row, India recorded decline in overseas shipments of curry, which decreased by -12.1% to 5.7 tons in 2022. Overall, exports continue to indicate a abrupt decrease. The smallest decline of -11.9% was in 2020.
In value terms, curry exports contracted to $22K in 2022. Over the period under review, exports recorded a abrupt contraction. The smallest decline of -6.4% was in 2021.
| Export of Curry in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 23.9 | 22.1 | 20.5 | 19.0 | -7.4% |
| Morocco | 1.4 | 1.5 | 1.5 | 1.5 | 2.3% |
| Barbados | 0.8 | 0.7 | 0.6 | 0.5 | -14.5% |
| Seychelles | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Others | 0.9 | 1.0 | 1.1 | 1.2 | 10.1% |
| Total | 27.4 | 25.6 | 24.0 | 22.5 | -6.4% |
Top Export Markets for Curry from India in 2022:
- Venezuela (3.5 tons)
- Seychelles (1.6 tons)
- Morocco (0.4 tons)
- Barbados (0.1 tons)
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