India - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMustard Seed Price in India - 2023
Contents:
- Mustard Seed Price in India (FOB) - 2023
- Mustard Seed Price in India (CIF) - 2022
- Mustard Seed Exports in India
- Mustard Seed Imports in India
Mustard Seed Price in India (FOB) - 2023
The average mustard seed export price stood at $771 per ton in July 2023, stabilizing at the previous month. Overall, the export price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in June 2023 an increase of 4.4% m-o-m. The export price peaked at $1,067 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($1,543 per ton), while the average price for exports to Bangladesh ($663 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.2%), while the prices for the other major destinations experienced a decline.
Mustard Seed Price in India (CIF) - 2022
The average mustard seed import price stood at $1,257 per ton in 2022, waning by -3.4% against the previous year. Overall, the import price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 109% against the previous year. The import price peaked at $1,573 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($1,503 per ton) and Russia ($1,471 per ton), while the price for Kazakhstan ($1,136 per ton) and Ukraine ($1,242 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mustard Seed Exports in India
In 2022, the amount of mustard seed exported from India skyrocketed to 55K tons, jumping by 64% against 2021 figures. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed exports surged to $51M in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mustard Seed in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 12.4 | 20.8 | 20.6 | 30.9 | 35.6% |
| Bangladesh | N/A | N/A | N/A | 3.2 | 0% |
| United States | 1.0 | 1.4 | 1.6 | 2.8 | 40.9% |
| Germany | N/A | N/A | 0.5 | 1.5 | 200.0% |
| United Arab Emirates | 0.6 | 0.6 | 0.6 | 1.3 | 29.4% |
| Sri Lanka | 1.0 | 1.2 | 1.9 | 1.3 | 9.1% |
| China | N/A | N/A | N/A | 1.2 | 0% |
| Others | 3.8 | 3.6 | 4.8 | 8.9 | 32.8% |
| Total | 18.8 | 27.6 | 29.9 | 51.1 | 39.6% |
Top Export Markets for Mustard Seed from India in 2022:
- Nepal (37.1K tons)
- Bangladesh (3.7K tons)
- United States (1.8K tons)
- Sri Lanka (1.5K tons)
- United Arab Emirates (1.4K tons)
- Germany (1.3K tons)
- China (1.1K tons)
Mustard Seed Imports in India
In 2022, the amount of mustard seed imported into India skyrocketed to 161 tons, increasing by 3,018% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion.
In value terms, mustard seed imports skyrocketed to $203K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mustard Seed in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | N/A | 79.5 | 0% |
| Kazakhstan | N/A | N/A | N/A | 71.6 | 0% |
| Brazil | N/A | N/A | N/A | 42.1 | 0% |
| Colombia | N/A | N/A | N/A | 5.5 | 0% |
| Russia | N/A | 188 | N/A | 1.5 | -91.1% |
| United States | N/A | 7.9 | 1.8 | 0.4 | -77.5% |
| Malaysia | 9.2 | N/A | N/A | N/A | 0% |
| Canada | 13.1 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 2.9 | 4.9 | 2.0 | -14.5% |
| Total | 25.5 | 199 | 6.7 | 203 | 99.7% |
Top Suppliers of Mustard Seed to India in 2022:
- Ukraine (64.0 tons)
- Kazakhstan (63.0 tons)
- Brazil (28.0 tons)
- Colombia (4.0 tons)
- Russia (1.0 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the mustard seed 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 292 - Mustard seed
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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