Southern Asia: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Southern Asia

The South Asian fruit-preparation industrial machinery market totaled $X in 2023, remaining constant against the previous year. Overall, consumption enjoyed prominent growth. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Fruit-Preparation Industrial Machinery Production in Southern Asia

In value terms, fruit-preparation industrial machinery production stood at $X in 2023 estimated in export price. In general, production recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.

Fruit-Preparation Industrial Machinery Exports

Exports in Southern Asia

In 2023, overseas shipments of industrial machinery for the preparation of fruits, nuts or vegetables decreased by X% to X units for the first time since 2015, thus ending a seven-year rising trend. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2022, and then dropped in the following year.

In value terms, fruit-preparation industrial machinery exports fell sharply to $X in 2023. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then declined notably in the following year.

Exports by Country

India prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2023. The following exporters - Sri Lanka (X units) and Pakistan (X units) - each recorded a X% share of total exports.

India was also the fastest-growing in terms of the industrial machinery for the preparation of fruits, nuts or vegetables exports, with a CAGR of X% from 2012 to 2023. Pakistan experienced a relatively flat trend pattern. Sri Lanka (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan and Sri Lanka saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, India ($X) remains the largest fruit-preparation industrial machinery supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

In India, fruit-preparation industrial machinery exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2023, falling by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Fruit-Preparation Industrial Machinery Imports

Imports in Southern Asia

In 2023, fruit-preparation industrial machinery imports in Southern Asia soared to X units, picking up by X% on the previous year. Over the period under review, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X units in 2019; afterwards, it flattened through to 2023.

In value terms, fruit-preparation industrial machinery imports skyrocketed to $X in 2023. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

India prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2023. It was distantly followed by Pakistan (X units), generating a X% share of total imports. The following importers - Sri Lanka (X units), Bangladesh (X units) and Maldives (X units) - together made up X% of total imports.

India was also the fastest-growing in terms of the industrial machinery for the preparation of fruits, nuts or vegetables imports, with a CAGR of X% from 2012 to 2023. At the same time, Pakistan (X%), Sri Lanka (X%) and Bangladesh (X%) displayed positive paces of growth. Maldives experienced a relatively flat trend pattern. From 2012 to 2023, the share of India increased by X percentage points.

In value terms, India ($X) constitutes the largest market for imported industrial machinery for the preparation of fruits, nuts or vegetables in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with an X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Pakistan ($X per unit), while Maldives ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform