India: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in India

The Indian prepared frozen vegetable market totaled $X in 2020, approximately mirroring the previous year. In general, the total consumption indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2019 to 2020, the growth of the market failed to regain the momentum.

Prepared Frozen Vegetable Production in India

In value terms, prepared frozen vegetable production stood at $X in 2020 estimated in export prices. Over the period under review, production posted a notable increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

Prepared Frozen Vegetable Exports

Exports from India

For the third consecutive year, India recorded growth in overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved), which increased by X% to X tons in 2020. Over the period under review, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the near future.

In value terms, prepared frozen vegetable exports surged to $X in 2020. In general, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), the UK (X tons) and the United Arab Emirates (X tons) were the main destinations of prepared frozen vegetable exports from India, together comprising X% of total exports. Saudi Arabia, Australia, Canada and Iraq lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Australia ($X) constituted the largest markets for prepared frozen vegetable exported from India worldwide, with a combined X% share of total exports. These countries were followed by the United Arab Emirates, Canada, Saudi Arabia and Iraq, which together accounted for a further X Arabia (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, export price indicated a mild expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the United States ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into India

In 2020, purchases abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, prepared frozen vegetable imports surged to $X in 2020. In general, imports, however, recorded a pronounced curtailment. Over the period under review, imports attained the peak figure at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

Belgium (X tons), the UK (X tons) and the Netherlands (X tons) were the main suppliers of prepared frozen vegetable imports to India, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belgium ($X) and South Korea ($X) were the largest prepared frozen vegetable suppliers to India, with a combined X% share of total imports.

Among the main suppliers, Belgium (+X% per year) 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 2020, the average prepared frozen vegetable import price amounted to $X per ton, surging by X% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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