Southern Asia: Market for Nuts (Prepared Or Preserved) 2024

Market Size for Nuts (Prepared Or Preserved) in Southern Asia

The South Asian nuts (prepared or preserved) market totaled $X in 2022, approximately mirroring the previous year. 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 decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Nuts (Prepared Or Preserved) in Southern Asia

In value terms, nuts (prepared or preserved) production rose to $X in 2022 estimated in export price. The total production indicated a strong expansion 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Nuts (Prepared Or Preserved)

Exports in Southern Asia

In 2022, shipments abroad of nuts (prepared or preserved) increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, nuts (prepared or preserved) exports skyrocketed to $X in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sri Lanka was the main exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by India (X tons), comprising a X% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Sri Lanka ($X), India ($X) and Bangladesh ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Sri Lanka, 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 mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Bangladesh ($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 a decline in the export price figures.

Imports of Nuts (Prepared Or Preserved)

Imports in Southern Asia

Nuts (prepared or preserved) imports soared to X tons in 2022, increasing by X% against the previous year's figure. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, nuts (prepared or preserved) imports expanded sharply to $X in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India was the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by Afghanistan (X tons), Maldives (X tons), Pakistan (X tons) and Sri Lanka (X tons), together generating a X% share of total imports. The following importers - Nepal (X tons) and Bangladesh (X tons) - together made up X% of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%), Pakistan (X%), Sri Lanka (X%), Nepal (X%), Maldives (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India, Afghanistan and Pakistan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in India amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (X% per year) and Maldives (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform