Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (FOB) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (CIF) - 2022
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $497 per ton in November 2023, reducing by -38.9% against the previous month. Overall, the export price saw a deep setback. The growth pace was the most rapid in February 2023 an increase of 63% m-o-m. As a result, the export price reached the peak level of $1,723 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,558 per ton), while the average price for exports to Bangladesh ($160 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (CIF) - 2022
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $406 per ton in 2022, waning by -78% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 120% against the previous year. The import price peaked at $2,301 per ton in 2019; however, from 2020 to 2022, import prices stood 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 Thailand ($3,176 per ton), while the price for Bangladesh ($126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India
In 2022, after three years of growth, there was significant decline in overseas shipments of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume decreased by -36.3% to 64K tons. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen rose modestly to $65M in 2022. The total export value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 14.1 | 12.1 | 15.8 | 11.8% |
| Saudi Arabia | 6.7 | 6.8 | 3.9 | 5.9 | -4.1% |
| Canada | 3.8 | 5.1 | 4.9 | 5.1 | 10.3% |
| Russia | 5.3 | 5.4 | 6.7 | 4.9 | -2.6% |
| United Arab Emirates | 3.3 | 3.6 | 4.4 | 4.5 | 10.9% |
| United Kingdom | 3.5 | 4.2 | 4.5 | 4.3 | 7.1% |
| Australia | 3.3 | 3.9 | 3.8 | 4.1 | 7.5% |
| Turkey | 0.1 | N/A | N/A | 4.0 | 242.0% |
| Nepal | 0.8 | 5.0 | 8.7 | 2.7 | 50.0% |
| Qatar | 0.9 | 1.1 | 1.5 | 2.0 | 30.5% |
| Japan | 1.1 | 1.3 | 1.5 | 1.5 | 10.9% |
| Oman | 0.6 | 1.1 | 1.4 | 1.3 | 29.4% |
| Malaysia | N/A | 0.4 | 0.7 | 0.6 | 22.5% |
| Others | 5.2 | 10.4 | 8.2 | 8.5 | 17.8% |
| Total | 45.9 | 62.6 | 62.3 | 65.3 | 12.5% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from India in 2022:
- Nepal (11.9K tons)
- United States (8.6K tons)
- Saudi Arabia (6.7K tons)
- Russia (6.1K tons)
- United Arab Emirates (5.3K tons)
- Canada (3.3K tons)
- United Kingdom (3.0K tons)
- Australia (2.4K tons)
- Qatar (2.3K tons)
- Turkey (2.1K tons)
- Malaysia (1.7K tons)
- Oman (1.5K tons)
- Japan (1.3K tons)
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India
In 2022, approx. 3K tons of vegetables (uncooked or cooked by steaming or boiling in water); frozen were imported into India; picking up by 1,519% on 2021 figures. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen skyrocketed to $1.2M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 324 | 0% |
| Thailand | 34.0 | 36.3 | 55.3 | 277 | 101.2% |
| China | N/A | 15.2 | N/A | 139 | 202.4% |
| Russia | N/A | N/A | N/A | 82.1 | 0% |
| Belgium | 5.0 | 0.1 | N/A | 81.9 | 154.0% |
| Oman | 132 | 114 | 94.6 | N/A | -15.3% |
| Others | 142 | 46.2 | 194 | 323 | 31.5% |
| Total | 313 | 212 | 344 | 1,228 | 57.7% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to India in 2022:
- Bangladesh (2562.0 tons)
- China (98.8 tons)
- Thailand (87.3 tons)
- Russia (84.0 tons)
- Belgium (50.5 tons)
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