Mandarins Price in India - 2023
Contents:
- Mandarins Price in India (CIF) - 2023
- Mandarins Price in India (FOB) - 2022
- Mandarins Imports in India
- Mandarins Exports in India
Mandarins Price in India (CIF) - 2023
In July 2023, the average mandarins import price amounted to $636 per ton, which is down by -16.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 28% m-o-m. As a result, import price attained the peak level of $910 per ton. From October 2022 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Australia ($1,348 per ton), while the price for South Africa ($610 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Mandarins Price in India (FOB) - 2022
In 2022, the average mandarins export price amounted to $749 per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2019 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $1,020 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2017 to 2022, the rate of growth in terms of prices for Bahrain amounted to +26.7% per year.
Mandarins Imports in India
Mandarins imports into India soared to 10K tons in 2022, jumping by 54% against 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 161% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, mandarins imports surged to $7.2M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 142%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Mandarins in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 524 | 826 | 2,876 | 7,111 | 138.5% |
| Turkey | N/A | 17.1 | 26.5 | 74.3 | 108.4% |
| China | 401 | 477 | 753 | N/A | 37.0% |
| United Arab Emirates | 0.2 | 197 | 394 | N/A | 4338.5% |
| Australia | 1,273 | 392 | 368 | N/A | -46.2% |
| Others | 85.0 | 0.3 | 202 | 0.5 | -81.9% |
| Total | 2,283 | 1,909 | 4,620 | 7,185 | 46.5% |
Top Suppliers of Mandarins to India in 2022:
- South Africa (9.8K tons)
- Turkey (0.2K tons)
Mandarins Exports in India
In 2022, the amount of fruit, edible exported from India soared to 313 tons, increasing by 1,081% against 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mandarins exports surged to $235K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mandarins in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 235 | 0% |
| United Arab Emirates | 32.5 | 120 | 8.9 | N/A | -47.7% |
| Oman | 8.5 | 24.8 | 4.8 | N/A | -24.9% |
| Qatar | N/A | 18.5 | 3.2 | N/A | -82.7% |
| Others | 5.7 | 6.2 | 2.6 | N/A | -32.5% |
| Total | 46.6 | 169 | 19.6 | 235 | 71.5% |
Top Export Markets for Mandarins from India in 2022:
- South Africa (313.1 tons)
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