Southern Asia: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Southern Asia

The South Asian blueberry and cranberry market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption recorded a significant increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Blueberry And Cranberry Production in Southern Asia

In value terms, blueberry and cranberry production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Pakistan (X tons) remains the largest blueberry and cranberry producing country in Southern Asia, accounting for X% of total volume. Moreover, blueberry and cranberry production in Pakistan exceeded the figures recorded by the second-largest producer, Bangladesh (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Pakistan amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Afghanistan (X% per year).

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Blueberry And Cranberry Exports

Exports in Southern Asia

In 2022, overseas shipments of blueberries and cranberries increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, blueberry and cranberry exports surged to $X in 2022. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of blueberries and cranberries, namely Afghanistan, Bangladesh, Pakistan and India, represented more than two-thirds of total export. Sri Lanka (X kg) held a relatively small share of total exports.

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

In value terms, the largest blueberry and cranberry supplying countries in Southern Asia were Afghanistan ($X), Pakistan ($X) and Bangladesh ($X), together accounting for X% of total exports. India and Sri Lanka lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

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 Afghanistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the export price figures.

Blueberry And Cranberry Imports

Imports in Southern Asia

In 2022, the amount of blueberries and cranberries imported in Southern Asia soared to X tons, jumping by X% compared with the previous year. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, blueberry and cranberry imports surged to $X in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

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

India was also the fastest-growing in terms of the blueberries and cranberries imports, with a CAGR of X% from 2012 to 2022. At the same time, Maldives (X%) displayed positive paces of growth. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Maldives (X p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported blueberries and cranberries in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports.

In India, blueberry and cranberry imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Maldives ($X per ton), while India totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (X%).

Source: IndexBox Platform

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