Price for Citrus Fruits Not Elsewhere Classified in India - 2023

Contents:

  1. Price for Citrus Fruits Not Elsewhere Classified in India (FOB) - 2022
  2. Price for Citrus Fruits Not Elsewhere Classified in India (CIF) - 2022
  3. Exports of Citrus Fruits Not Elsewhere Classified in India
  4. Imports of Citrus Fruits Not Elsewhere Classified in India

Price for Citrus Fruits Not Elsewhere Classified in India (FOB) - 2022

In 2022, the average export price for citrus fruits not elsewhere classified amounted to $388 per ton, growing by 2.2% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40%. The export price peaked at $405 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($372 per ton), while the average price for exports to Nepal amounted to $307 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (+1.0%).

Price for Citrus Fruits Not Elsewhere Classified in India (CIF) - 2022

The average import price for citrus fruits not elsewhere classified stood at $432 per ton in 2022, with a decrease of -67.9% against the previous year. Over the period under review, the import price recorded a dramatic decrease. The pace of growth was the most pronounced in 2019 a decrease of -14.2% against the previous year. Over the period under review, average import prices reached the peak figure at $15,637 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,094 per ton), while the price for the United Arab Emirates ($97 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (-22.8%), while the prices for the other major suppliers experienced a decline.

Exports of Citrus Fruits Not Elsewhere Classified in India

In 2022, overseas shipments of citrus fruits not elsewhere classified decreased by -53.7% to 6.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 302%.

In value terms, citrus fruits not elsewhere classified exports fell significantly to $2.7M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 295%.

Export of Citrus Fruits Not Elsewhere Classified in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh0.63.45.02.049.4%
Nepal0.30.20.40.410.1%
Others0.10.20.30.344.2%
Total1.03.85.62.739.2%

Top Export Markets for Citrus Fruits Not Elsewhere Classified from India in 2022:

  1. Bangladesh (5.4K tons)
  2. Nepal (1.2K tons)

Imports of Citrus Fruits Not Elsewhere Classified in India

Citrus fruits not elsewhere classified imports into India soared to 33 tons in 2022, increasing by 410% against the previous year's figure. Over the period under review, imports, however, faced a deep slump. The growth pace was the most rapid in 2021 with an increase of 7,863% against the previous year.

In value terms, citrus fruits not elsewhere classified imports soared to $14K in 2022. Overall, imports, however, continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 3,405%.

Import of Citrus Fruits Not Elsewhere Classified in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7.1N/A7.210.212.8%
United Arab EmiratesN/AN/AN/A2.60%
CroatiaN/AN/AN/A0.80%
Myanmar6.1N/AN/AN/A0%
Bangladesh184N/AN/AN/A0%
GermanyN/AN/A1.3N/A0%
Others0.10.2N/A0.458.7%
Total1970.28.614.0-58.6%

Top Suppliers of Citrus Fruits Not Elsewhere Classified to India in 2022:

  1. United Arab Emirates (27.0 tons)
  2. Japan (4.9 tons)
  3. Croatia (0.5 tons)

Source: IndexBox Market Intelligence Platform

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