India - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMargarine and Shortening Price in India - 2023
Contents:
- Margarine and Shortening Price in India (FOB) - 2023
- Margarine and Shortening Price in India (CIF) - 2022
- Margarine and Shortening Exports in India
- Margarine and Shortening Imports in India
Margarine and Shortening Price in India (FOB) - 2023
In September 2023, the average margarine and shortening export price amounted to $3,091 per ton, approximately mirroring the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 104% against the previous month. Over the period under review, the average export prices reached the maximum at $6,498 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bhutan ($35,782 per ton), while the average price for exports to Bangladesh ($1,366 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 Bhutan (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Margarine and Shortening Price in India (CIF) - 2022
In 2022, the average margarine and shortening import price amounted to $4,027 per ton, jumping by 15% against the previous year. Overall, the import price enjoyed a mild increase. The pace of growth was the most pronounced in 2018 an increase of 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($25,578 per ton), while the price for Sri Lanka ($1,569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Margarine and Shortening Exports in India
In 2022, the amount of margarine and shortening exported from India expanded modestly to 3.2K tons, increasing by 2.6% against 2021 figures. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, the exports attained the peak of 3.4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, margarine and shortening exports contracted markedly to $7.1M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 45% against the previous year.
| Export of Margarine and Shortening in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 1,864 | 1,724 | 3,363 | 2,059 | 3.4% |
| United Arab Emirates | 257 | 265 | 170 | 1,890 | 94.5% |
| Bhutan | 894 | 957 | 2,109 | 1,606 | 21.6% |
| United States | 490 | 843 | 168 | 314 | -13.8% |
| Sri Lanka | 21.3 | 29.9 | 46.6 | 266 | 132.0% |
| Singapore | 82.9 | 390 | 946 | 212 | 36.7% |
| Bangladesh | 68.0 | 199 | 76.5 | 134 | 25.4% |
| South Africa | 486 | 463 | 33.5 | N/A | -73.7% |
| Iran | N/A | 822 | N/A | N/A | 0% |
| Others | 1,680 | 2,755 | 1,601 | 662 | -26.7% |
| Total | 5,843 | 8,449 | 8,513 | 7,143 | 6.9% |
Top Export Markets for Margarine and Shortening from India in 2022:
- South Africa (undefined tons)
- United Arab Emirates (1419.0 tons)
- Nepal (788.0 tons)
- Bhutan (368.4 tons)
- Sri Lanka (151.1 tons)
- United States (101.2 tons)
- Singapore (75.2 tons)
- Bangladesh (65.3 tons)
Margarine and Shortening Imports in India
In 2022, the amount of margarine and shortening imported into India soared to 2.8K tons, jumping by 51% against 2021 figures. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, margarine and shortening imports surged to $11M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Margarine and Shortening in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.4 | 2.2 | 3.1 | 5.9 | 35.0% |
| Netherlands | 1.9 | 4.2 | 2.6 | 3.4 | 21.4% |
| Sri Lanka | 1.0 | 1.0 | 0.5 | 0.9 | -3.5% |
| Indonesia | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Belgium | 1.4 | 0.7 | N/A | N/A | -50.0% |
| Others | 0.2 | 1.2 | 0.2 | 0.9 | 65.1% |
| Total | 7.0 | 9.4 | 6.6 | 11.4 | 17.7% |
Top Suppliers of Margarine and Shortening to India in 2022:
- Singapore (1857.9 tons)
- Sri Lanka (552.2 tons)
- Indonesia (263.2 tons)
- Netherlands (132.5 tons)
This report provides an in-depth analysis of the margarine and shortening 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 1242 - Margarine and Shortening
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
1087
This report provides an in-depth analysis of the margarine and shortening market in India.
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This report provides an in-depth analysis of the global margarine and shortening market.
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Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
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This report provides an in-depth analysis of the margarine and shortening market in India.
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This report provides an in-depth analysis of the margarine spread market in India.
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This report provides an in-depth analysis of the global margarine and shortening market.
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218
In November 2022, the price of margarine and shortening per ton (FOB, India) amounted to $3,882, decreasing by -14.7% from the month before.
95
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5311
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4490
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
218
In November 2022, the price of margarine and shortening per ton (FOB, India) amounted to $3,882, decreasing by -14.7% from the month before.
95
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
5311
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
4490
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
