Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in India - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (CIF) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,629 per ton, standing approx. at the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by +14.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $2,364 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,637 per ton), while the price for Portugal totaled $1,581 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $4,803 per ton in 2022, surging by 915% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($6,186 per ton), while the average price for exports to Trinidad and Tobago ($4,556 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 Sri Lanka (+37.3%).
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India
In 2022, overseas purchases of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -68.1% to 99 tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 94%. As a result, imports reached the peak of 378 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia shrank remarkably to $161K in 2022. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 101%. As a result, imports reached the peak of $561K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 224 | 214 | 154 | 140 | -14.5% |
| Portugal | N/A | 99.7 | N/A | 20.7 | -54.4% |
| Egypt | 53.1 | 247 | 350 | N/A | 156.7% |
| Others | 1.6 | 0.3 | 7.0 | N/A | 109.2% |
| Total | 279 | 561 | 511 | 161 | -16.7% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to India in 2022:
- Spain (85.4 tons)
- Portugal (13.1 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India
In 2022, approx. 857 kg of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were exported from India; increasing by 471% compared with the previous year's figure. In general, exports, however, continue to indicate a sharp decline.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $4.1K in 2022. Over the period under review, exports, however, saw a abrupt setback.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | N/A | N/A | N/A | 3.8 | 0% |
| Bahrain | N/A | N/A | N/A | 0.3 | 0% |
| Trinidad and Tobago | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | N/A | 5.8 | N/A | N/A | 0% |
| Bhutan | 6.1 | 4.7 | 0.1 | N/A | -87.2% |
| Saudi Arabia | 1.1 | 1.6 | N/A | N/A | 45.5% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 7.4 | 12.1 | 0.1 | 4.1 | -17.9% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from India in 2022:
- Sri Lanka (796.0 kg)
- Bahrain (43.0 kg)
- Trinidad and Tobago (18.0 kg)
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