India: Blueberry And Cranberry Market 2022

Blueberry And Cranberry Market Size in India

The Indian blueberry and cranberry market soared to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Blueberry And Cranberry Exports

Exports from India

In 2021, shipments abroad of blueberries and cranberries decreased by -X% to X tonnes, falling for the fourth consecutive year after three years of growth. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X tonnes in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, blueberry and cranberry exports contracted rapidly to $X in 2021. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tonnes) was the main destination for blueberry and cranberry exports from India, with a X% share of total exports. It was followed by Bhutan (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +X%.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +X%.

Export Prices by Country

In 2021, the average blueberry and cranberry export price amounted to $X per tonne, standing approx. at the previous year. In general, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bhutan ($X per tonne), while the average price for exports to the United States stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (X%).

Blueberry And Cranberry Imports

Imports into India

In 2021, imports of blueberries and cranberries into India surged to X tonnes, picking up by X% compared with the year before. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, blueberry and cranberry imports soared to $X in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tonnes) constituted the largest blueberry and cranberry supplier to India, accounting for a X% share of total imports. Moreover, blueberry and cranberry imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Chile (X tonnes), twofold. The United States (X tonnes) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-X% per year) and the United States (+X% per year).

In value terms, the Netherlands ($X), Chile ($X) and the United States ($X) were the largest blueberry and cranberry suppliers to India, with a combined X% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average blueberry and cranberry import price stood at $X per tonne in 2021, with a decrease of -X% against the previous year. Overall, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($X per tonne), while the price for the United States ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform