India: Candied Fruit Market 2022

Candied Fruit Market Size in India

In 2020, the Indian candied fruit market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Candied fruit consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Candied Fruit Production in India

In value terms, candied fruit production contracted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated buoyant growth 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, production increased by +X% against 2012 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Candied fruit production peaked at $X in 2019, and then contracted slightly in the following year.

In 2020, the average candied fruit yield in India amounted to X kg per ha, therefore, remained relatively stable against the year before. Over the period under review, the yield showed 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 2020, the harvested area of candied fruits in India amounted to X ha, stabilizing at the year before. In general, the harvested area showed a relatively flat trend pattern.

Candied Fruit Exports

Exports from India

In 2020, overseas shipments of candied fruits increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Overall, exports recorded a temperate increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, candied fruit exports fell to $X in 2020. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked at $X in 2019, and then reduced in the following year.

Exports by Country

Bangladesh (X tonnes), Malaysia (X tonnes) and the United Arab Emirates (X tonnes) were the main destinations of candied fruit exports from India, with a combined X% share of total exports. These countries were followed by France, Saudi Arabia, the U.S., Canada, Qatar, the UK, Australia, Argentina, Nepal and the Netherlands, which together accounted for 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 Argentina (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for candied fruit exported from India were the U.S. ($X), Malaysia ($X) and Bangladesh ($X), together accounting for X% of total exports. The United Arab Emirates, Saudi Arabia, Canada, France, Australia, the UK, Qatar, Nepal, the Netherlands and Argentina lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of 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

In 2020, the average candied fruit export price amounted to $X per tonne, shrinking by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The export price peaked at $X per tonne in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Bangladesh ($X per tonne) was amongst the lowest.

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

Candied Fruit Imports

Imports into India

In 2020, supplies from abroad of candied fruits decreased by -X% to X tonnes, falling for the second consecutive year after five years of growth. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, candied fruit imports shrank to $X in 2020. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest candied fruit supplier to India, with a X% share of total imports. Moreover, candied fruit imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and the U.S. (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average candied fruit import price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform