Frozen Strawberries Price in India - 2023
Contents:
- Frozen Strawberries Price in India (FOB) - 2022
- Frozen Strawberries Price in India (CIF) - 2022
- Frozen Strawberries Exports in India
- Frozen Strawberries Imports in India
Frozen Strawberries Price in India (FOB) - 2022
In 2022, the average frozen strawberries export price amounted to $1,673 per ton, shrinking by -31.2% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen strawberries export price decreased by -33.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 53%. The export price peaked at $2,508 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,590 per ton), while the average price for exports to France ($500 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 Qatar (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Price in India (CIF) - 2022
The average frozen strawberries import price stood at $902 per ton in 2022, reducing by -23.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 109%. The import price peaked at $3,060 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($5,413 per ton), while the price for Egypt ($313 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Strawberries Exports in India
In 2022, exports of frozen strawberrieses from India expanded remarkably to 876 tons, growing by 12% on the year before. Overall, exports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.
In value terms, frozen strawberries exports reduced rapidly to $1.5M in 2022. Over the period under review, exports, however, saw a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 31% against the previous year.
Export of Frozen Strawberries in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 0.2 | 16.2 | 463 | 4711.4% |
Qatar | 20.6 | 79.4 | 133 | 342 | 155.1% |
Netherlands | 1,586 | 777 | 979 | 211 | -49.0% |
Oman | 26.0 | 66.9 | 17.1 | 116 | 64.6% |
United States | 12.6 | 148 | 124 | 100 | 99.5% |
Saudi Arabia | N/A | N/A | N/A | 79.6 | 0% |
United Kingdom | 0.8 | 2.2 | 79.8 | 35.4 | 253.7% |
Belgium | 537 | 38.1 | 86.0 | N/A | -60.0% |
Germany | 384 | 96.5 | N/A | N/A | -74.9% |
Lithuania | 144 | 115 | N/A | N/A | -20.1% |
Others | 273 | 130 | 472 | 119 | -24.2% |
Total | 2,984 | 1,454 | 1,906 | 1,466 | -21.1% |
Top Export Markets for Frozen Strawberries from India in 2022:
- Qatar (327.6 tons)
- United Arab Emirates (178.7 tons)
- Oman (114.3 tons)
- Netherlands (88.2 tons)
- Saudi Arabia (63.8 tons)
- United States (42.2 tons)
- United Kingdom (20.1 tons)
Frozen Strawberries Imports in India
Frozen strawberries imports into India skyrocketed to 121 tons in 2022, jumping by 316% compared with the previous year. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen strawberries imports soared to $109K in 2022. In general, imports showed a strong increase.
Import of Frozen Strawberries in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | 10.4 | 49.9 | 379.8% |
Belgium | 20.2 | 11.3 | 6.2 | 26.3 | 9.2% |
France | 15.5 | N/A | 2.7 | 17.3 | 3.7% |
Egypt | N/A | N/A | N/A | 7.8 | 0% |
Poland | 7.4 | 5.4 | 6.1 | 5.9 | -7.3% |
Thailand | 30.3 | 19.8 | 8.8 | N/A | -46.1% |
Turkey | 15.3 | 46.8 | N/A | N/A | 205.9% |
Others | N/A | 33.7 | N/A | 1.6 | -78.2% |
Total | 88.8 | 117 | 34.1 | 109 | 7.1% |
Top Suppliers of Frozen Strawberries to India in 2022:
- China (82.2 tons)
- Egypt (25.0 tons)
- Belgium (8.4 tons)
- France (3.2 tons)
- Poland (1.9 tons)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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