India - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in India - 2023
Contents:
- Dry Vegetable Price in India (FOB) - 2023
- Dry Vegetable Price in India (CIF) - 2023
- Dry Vegetable Exports in India
- Dry Vegetable Imports in India
Dry Vegetable Price in India (FOB) - 2023
In September 2023, the average dry vegetable export price amounted to $1,852 per ton, approximately equating the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 28% m-o-m. Over the period under review, the average export prices attained the maximum in September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Canada ($2,449 per ton), while the average price for exports to Thailand ($1,077 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Price in India (CIF) - 2023
The average dry vegetable import price stood at $1,760 per ton in September 2023, approximately reflecting the previous month. Overall, the import price saw a slight curtailment. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 50% m-o-m. Over the period under review, average import prices hit record highs at $2,718 per ton in March 2023; however, from April 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($5,120 per ton), while the price for Iran ($317 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Exports in India
In 2022, after three years of growth, there was significant decline in shipments abroad of dry vegetables, when their volume decreased by -29.1% to 127K tons. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 43%.
In value terms, dry vegetable exports fell modestly to $206M in 2022. The total export value increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports reached the peak of $207M, leveling off in the following year.
| Export of Dry Vegetable in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.5 | 21.2 | 27.3 | 28.3 | 15.2% |
| Germany | 17.8 | 22.1 | 22.5 | 23.3 | 9.4% |
| Brazil | 10.5 | 15.1 | 13.7 | 17.1 | 17.7% |
| Indonesia | 1.0 | 1.3 | 11.5 | 16.4 | 154.1% |
| United Kingdom | 8.9 | 9.6 | 12.5 | 12.9 | 13.2% |
| Russia | 9.1 | 9.4 | 9.8 | 8.3 | -3.0% |
| Belgium | 6.9 | 5.4 | 9.2 | 6.6 | -1.5% |
| Netherlands | 1.8 | 3.0 | 3.8 | 6.1 | 50.2% |
| Canada | 3.7 | 4.0 | 4.3 | 5.5 | 14.1% |
| South Africa | 4.7 | 4.5 | 6.1 | 5.1 | 2.8% |
| Malaysia | 1.0 | 1.1 | 2.6 | 5.0 | 71.0% |
| Slovenia | 2.7 | 3.0 | 3.7 | 4.7 | 20.3% |
| Nepal | 1.8 | 13.4 | 13.3 | 3.9 | 29.4% |
| Others | 57.0 | 56.9 | 67.3 | 62.7 | 3.2% |
| Total | 146 | 170 | 207 | 206 | 12.2% |
Top Export Markets for Dry Vegetable from India in 2022:
- Nepal (13.8K tons)
- Indonesia (11.7K tons)
- United States (11.3K tons)
- Brazil (11.1K tons)
- Germany (10.4K tons)
- United Kingdom (6.7K tons)
- Russia (4.8K tons)
- Malaysia (4.2K tons)
- South Africa (3.2K tons)
- Belgium (3.1K tons)
- Netherlands (2.9K tons)
- Canada (2.5K tons)
- Slovenia (2.5K tons)
Dry Vegetable Imports in India
Dry vegetable imports into India soared to 2.2K tons in 2022, growing by 16% on 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of 2.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry vegetable imports surged to $5.1M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dry Vegetable in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,183 | 864 | 1,065 | 1,408 | 6.0% |
| China | 1,645 | 1,643 | 1,185 | 1,117 | -12.1% |
| Germany | 589 | 865 | 815 | 965 | 17.9% |
| Egypt | 148 | 200 | 248 | 605 | 59.9% |
| Spain | 319 | 295 | 268 | 388 | 6.7% |
| United Arab Emirates | 41.8 | 103 | 0.2 | 0.4 | -78.8% |
| Others | 995 | 576 | 493 | 656 | -13.0% |
| Total | 4,922 | 4,545 | 4,075 | 5,139 | 1.4% |
Top Suppliers of Dry Vegetable to India in 2022:
- Turkey (804.2 tons)
- China (644.5 tons)
- Germany (326.6 tons)
- Egypt (191.2 tons)
- Spain (115.0 tons)
- United Arab Emirates (0.6 tons)
This report provides an in-depth analysis of the dry vegetable 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 469 - Vegetables, Dehydrated
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
- 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 VOLUME AND VALUE
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
- 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
- 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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