India: Apple Market 2024

Apple Market Size in India

In 2022, the Indian apple market increased by X% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Apple consumption peaked in 2022 and is likely to see steady growth in years to come.

Apple Production in India

In value terms, apple production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

The average yield of apples in India reached X tons per ha in 2022, surging by X% on the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average apple yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of apples in India was estimated at X ha, stabilizing at 2021. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to apple production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Apple Exports

Exports from India

In 2022, the amount of apples exported from India soared to X tons, increasing by X% on 2021. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, apple exports surged to $X in 2022. Overall, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Bangladesh (X tons) and Nepal (X tons) were the main destinations of apple exports from India.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nepal (with a CAGR of X%).

In value terms, Bangladesh ($X) and Nepal ($X) constituted the largest markets for apple exported from India worldwide.

Nepal, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average apple export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($X per ton), while the average price for exports to Bangladesh totaled $X per ton.

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

Apple Imports

Imports into India

Apple imports into India contracted to X tons in 2022, dropping by X% on the year before. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, apple imports contracted rapidly to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined remarkably in the following year.

Imports by Country

Turkey (X tons), Iran (X tons) and Italy (X tons) were the main suppliers of apple imports to India, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and Chile ($X) constituted the largest apple suppliers to India, together comprising X% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average apple import price amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 New Zealand ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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