Insects; Live, Bees Price in India - 2021

Contents:

  1. Insects; Live, Bees Price in India (FOB) - 2022
  2. Insects; Live, Bees Price in India (CIF) - 2022
  3. Insects; Live, Bees Exports in India
  4. Insects; Live, Bees Imports in India

Insects; Live, Bees Price in India (FOB) - 2022

In 2021, the average insects; live, bees export price amounted to $2.6 per unit, stabilizing at the previous year. Overall, the export price saw prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 102% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2013 to 2021, the rate of growth in terms of prices for Thailand amounted to +48.5% per year.

Insects; Live, Bees Price in India (CIF) - 2022

In 2022, the average insects; live, bees import price amounted to $15 per unit, picking up by 1,751% against the previous year. In general, the import price recorded notable growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.4% per year.

Insects; Live, Bees Exports in India

In 2021, insects; live, bees exports from India amounted to 561 units, remaining relatively unchanged against 2020 figures. Overall, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at 2K units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, insects; live, bees exports totaled $1.5K in 2021. In general, exports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure at $3.7K in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Export of Insects; Live, Bees in India (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
MaldivesN/AN/A1.50%
Canada3.7N/AN/A0%
OthersN/AN/AN/A0%
Total3.7N/A1.5-36.3%

Top Export Markets for Insects; Live, Bees from India in 2022:

  1. Maldives (561.0 units)

Insects; Live, Bees Imports in India

Insects; live, bees imports into India shrank significantly to 167 units in 2022, dropping by -94.3% on the previous year's figure. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 846% against the previous year. As a result, imports attained the peak of 2.9K units, and then shrank remarkably in the following year.

In value terms, insects; live, bees imports expanded markedly to $2.5K in 2022. Overall, imports showed a pronounced downturn. Over the period under review, imports reached the maximum at $2.8K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Insects; Live, Bees in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.82.60.22.5-3.7%
AustriaN/AN/A2.1N/A0%
OthersN/AN/AN/AN/A0%
Total2.82.62.32.5-3.7%

Top Suppliers of Insects; Live, Bees to India in 2022:

  1. Netherlands (167.0 units)

Source: IndexBox Market Intelligence Platform

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