India: Dried Prune Market 2024

Dried Prune Market Size in India

The Indian dried prune market totaled $X in 2022, surging by X% against the previous year. 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 in certain years. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Dried Prune Production in India

In value terms, dried prune production rose markedly to $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 pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Dried Prune Exports

Exports from India

In 2022, after four years of growth, there was significant decline in overseas shipments of dried prunes, when their volume decreased by X% to X tons. Over the period under review, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, dried prune exports shrank significantly to $X in 2022. Overall, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for dried prune exports from India, with a X% share of total exports. Moreover, dried prune exports to Canada exceeded the volume sent to the second major destination, Sri Lanka (X tons), threefold. The third position in this ranking was held by the United States (X kg), with a X% share.

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

In value terms, Canada ($X) emerged as the key foreign market for dried prunes exports from India, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

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

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, increasing by X% against the previous year. Overall, the export price continues to indicate prominent growth. 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 overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Sri Lanka ($X per ton) and Bhutan ($X per ton), while the average price for exports to the Philippines ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into India

In 2022, imports of dried prunes into India soared to X tons, with an increase of X% compared with the previous year's figure. Overall, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, dried prune imports soared to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of dried prune to India, with a X% share of total imports. Moreover, dried prune imports from Iran exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by Chile (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Iran totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Chile (X% per year).

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

In terms of the main suppliers, Afghanistan, with a CAGR of X%, recorded 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

In 2022, the average dried prune import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a mild slump. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Iran ($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 a decline.

Source: IndexBox Platform

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