Price for Fruit, Edible; Apples, Dried in India - 2023

Contents:

  1. Price for Fruit, Edible; Apples, Dried in India (CIF) - 2023
  2. Price for Fruit, Edible; Apples, Dried in India (FOB) - 2022
  3. Imports of Fruit, Edible; Apples, Dried in India
  4. Exports of Fruit, Edible; Apples, Dried in India

Price for Fruit, Edible; Apples, Dried in India (CIF) - 2023

The average fruit, edible; apples, dried import price stood at $11,202 per ton in March 2023, almost unchanged from the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 477% against the previous month. The import price peaked at $11,252 per ton in January 2023; however, from February 2023 to March 2023, import prices failed to regain momentum.

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

From March 2022 to March 2023, the rate of growth in terms of prices for Germany amounted to +63.7% per month.

Price for Fruit, Edible; Apples, Dried in India (FOB) - 2022

In 2022, the average fruit, edible; apples, dried export price amounted to $1,933 per ton, rising by 119% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 128%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,843 per ton), while the average price for exports to Nepal ($509 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+288.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fruit, Edible; Apples, Dried in India

Fruit, edible; apples, dried imports into India fell slightly to 141 tons in 2022, waning by -3.8% compared with 2021 figures. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 147 tons, and then reduced modestly in the following year.

In value terms, fruit, edible; apples, dried imports reached $1.4M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Fruit, Edible; Apples, Dried in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0241,0251,3031,3399.4%
NepalN/AN/A12.947.3266.7%
GermanyN/AN/A38.625.2-34.7%
United Arab Emirates55.6N/A9.3N/A-59.1%
MyanmarN/A12.0N/AN/A0%
Others8.911.77.4N/A-8.8%
Total1,0881,0481,3721,4129.1%

Top Suppliers of Fruit, Edible; Apples, Dried to India in 2022:

  1. Italy (124.2 tons)
  2. Germany (13.2 tons)
  3. Nepal (3.8 tons)

Exports of Fruit, Edible; Apples, Dried in India

In 2022, shipments abroad of fruit, edible; apples, dried decreased by -52% to 101 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,166%.

In value terms, fruit, edible; apples, dried exports expanded notably to $195K in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 617%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Fruit, Edible; Apples, Dried in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BhutanN/AN/A12782.7-34.9%
United Arab EmiratesN/AN/A0.965.17133.3%
United StatesN/A25.723.636.819.7%
NepalN/AN/A32.30.9-97.2%
Others3.70.62.09.135.0%
Total3.726.3185195274.9%

Top Export Markets for Fruit, Edible; Apples, Dried from India in 2022:

  1. United Arab Emirates (52.1 tons)
  2. Bhutan (39.3 tons)
  3. United States (6.3 tons)
  4. Nepal (1.7 tons)

Source: IndexBox Market Intelligence Platform

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