Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in India - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (FOB) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (CIF) - 2022
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $4,624 per ton, with a decrease of -35.8% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2016 an increase of 2,271% against the previous year. As a result, the export price reached the peak level of $21,981 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($5,415 per ton), while the average price for exports to the United Arab Emirates ($3,352 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 Kuwait (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (CIF) - 2022
The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $6,091 per ton in 2022, reducing by -21.2% against the previous year. Overall, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 351%. As a result, import price attained the peak level of $31,706 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Vietnam ($29,887 per ton), while the price for France ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India
In 2022, approx. 82 tons of edible products of animal origin; not elsewhere specified or includeds were exported from India; increasing by 69% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,911%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds expanded remarkably to $378K in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 4,269%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.0 | N/A | 35.3 | 109 | 279.1% |
| Turkey | N/A | N/A | 61.4 | 66.6 | 8.5% |
| Saudi Arabia | N/A | N/A | 33.2 | 47.8 | 44.0% |
| Qatar | N/A | N/A | 6.8 | 40.8 | 500.0% |
| Kuwait | N/A | N/A | 7.5 | 29.8 | 297.3% |
| Kenya | N/A | N/A | 7.7 | 15.9 | 106.5% |
| Morocco | N/A | N/A | 3.6 | 8.3 | 130.6% |
| Egypt | N/A | N/A | 160 | N/A | 0% |
| Others | 0.2 | 7.9 | 31.1 | 59.8 | 568.7% |
| Total | 2.1 | 7.9 | 347 | 378 | 464.6% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from India in 2022:
- United Arab Emirates (32.4 tons)
- Turkey (12.3 tons)
- Saudi Arabia (8.8 tons)
- Qatar (7.5 tons)
- Kuwait (5.5 tons)
- Kenya (2.9 tons)
- Morocco (1.7 tons)
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India
In 2022, approx. 18 tons of edible products of animal origin; not elsewhere specified or includeds were imported into India; increasing by 34% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 102%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds rose rapidly to $110K in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 7.7% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 78.1 | 0% |
| Vietnam | N/A | N/A | N/A | 32.3 | 0% |
| Thailand | 5.2 | 5.2 | 17.6 | N/A | 84.0% |
| China | 12.4 | 10.4 | 13.2 | N/A | 3.2% |
| Malaysia | N/A | 82.2 | N/A | N/A | 0% |
| Singapore | 73.3 | N/A | 25.7 | N/A | -40.8% |
| Others | N/A | 0.2 | 47.6 | N/A | 23700.0% |
| Total | 91.0 | 98.0 | 104 | 110 | 6.5% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to India in 2022:
- Turkey (17.0 tons)
- Vietnam (1.1 tons)
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