India: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2022

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in India

The Indian fruit or nut preserves market shrank to $X in 2021, dropping by -10.1% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in India

In value terms, fruit or nut preserves production fell to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 15%. Over the period under review, production reached the maximum level at $X in 2020, and then declined in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from India

In 2021, fruit or nut preserves exports from India skyrocketed to X tons, jumping by 40% on the year before. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2019 when exports increased by 187% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, fruit or nut preserves exports soared to $X in 2021. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 153%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for fruit or nut preserves exports from India, accounting for a 21% share of total exports. Moreover, fruit or nut preserves exports to the Netherlands exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was held by Iran (X tons), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+10.7% per year) and Iran (+13.1% per year).

In value terms, the Netherlands ($X) remains the key foreign market for fruit or nut preserves exports from India, comprising 20% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 9.2% share of total exports. It was followed by Iran, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+35.0% per year) and Iran (+11.9% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, with an increase of 5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into India

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes imported into India amounted to X tons, increasing by 4.2% on the year before. Over the period under review, imports enjoyed a modest expansion. The growth pace was the most rapid in 2014 when imports increased by 37%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, fruit or nut preserves imports surged to $X in 2021. In general, imports enjoyed a strong increase. The growth pace was the most rapid in 2014 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X tons), Turkey (X tons) and France (X tons) were the main suppliers of fruit or nut preserves imports to India, with a combined 42% share of total imports. These countries were followed by Bhutan, the United Arab Emirates, the Philippines, the UK, Malaysia, Italy, Chile, Thailand, the Netherlands, Greece and China, which together accounted for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +7,716.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to India were Belgium ($X), Italy ($X) and France ($X), with a combined 50% share of total imports. These countries were followed by Turkey, the Philippines, Malaysia, the UK, Bhutan, Thailand, the United Arab Emirates, the Netherlands, Chile, Greece and China, which together accounted for a further 40%.

In terms of the main suppliers, Chile, with a CAGR of +4,292.5%, recorded 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

The average fruit or nut preserves import price stood at $X per ton in 2021, rising by 34% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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