Southern Asia: Berry Market 2024

Berry Market Size in Southern Asia

For the third consecutive year, the South Asian berry market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Berry Production in Southern Asia

In value terms, berry production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

India (X tons) remains the largest berry producing country in Southern Asia, comprising approx. X% of total volume. Moreover, berry production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in India was relatively modest.

The average berry yield dropped to X tons per ha in 2022, approximately equating the previous year's figure. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X%. Over the period under review, the berry yield attained the maximum level at X tons per ha in 2021, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of berries in Southern Asia stood at X ha, leveling off at 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by X% against the previous year. The level of harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Berry Exports

Exports in Southern Asia

After four years of growth, shipments abroad of berries decreased by X% to X tons in 2022. Overall, exports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, berry exports expanded to $X in 2022. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Afghanistan (X tons) and India (X tons) prevails in exports structure, together committing X% of total exports. Sri Lanka (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Bangladesh (X%). Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest berry supplying countries in Southern Asia were Afghanistan ($X), Sri Lanka ($X) and India ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Afghanistan, with a CAGR of X%, saw 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 export price in Southern Asia amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Berry Imports

Imports in Southern Asia

In 2022, approx. X tons of berries were imported in Southern Asia; growing by X% on the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, berry imports soared to $X in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India represented the largest importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Afghanistan (X tons), Pakistan (X tons) and Maldives (X tons), together mixing up a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%), Afghanistan (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Afghanistan (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported berries in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports. It was followed by Afghanistan, with a X% share.

In India, berry imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Afghanistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Maldives ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :