India: Candied Fruit Market 2024

Candied Fruit Market Size in India

The Indian candied fruit market totaled $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Candied fruit consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Candied Fruit Production in India

In value terms, candied fruit production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. Candied fruit production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of candied fruits in India totaled less than X kg per ha in 2022, approximately mirroring the previous year's figure. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of candied fruits production in India amounted to less than X ha, remaining constant against the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Candied Fruit Exports

Exports from India

For the sixth consecutive year, India recorded growth in overseas shipments of candied fruits, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, candied fruit exports expanded modestly to $X in 2022. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bangladesh (X tons) was the main destination for candied fruit exports from India, with a X% share of total exports. Moreover, candied fruit exports to Bangladesh exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. The United States (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

In value terms, the largest markets for candied fruit exported from India were the United States ($X), Bangladesh ($X) and Saudi Arabia ($X), together comprising X% of total exports.

Among the main countries of destination, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average candied fruit export price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price showed a pronounced contraction. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bangladesh ($X 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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into India

In 2022, approx. X tons of candied fruits were imported into India; jumping by X% against 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, candied fruit imports declined slightly to $X in 2022. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest candied fruit supplier to India, accounting for a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), ninefold. The third position in this ranking was held by Vietnam (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of candied fruits to India, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average candied fruit import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 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 the Netherlands ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, 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 a decline.

Source: IndexBox Platform

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