Price for Fruit Pears and Quinces in India - 2022

Contents:

  1. Price for Fruit Pears and Quinces in India (CIF) - 2022
  2. Price for Fruit Pears and Quinces in India (FOB) - 2022
  3. Imports of Fruit Pears and Quinces in India
  4. Exports of Fruit Pears and Quinces in India

Price for Fruit Pears and Quinces in India (CIF) - 2022

In 2022, the average fruit pears and quinces import price amounted to $1,189 per ton, surging by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2015 an increase of 4.5% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,056 per ton), while the price for China ($517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), while the prices for the other major suppliers experienced a decline.

Price for Fruit Pears and Quinces in India (FOB) - 2022

In 2022, the average fruit pears and quinces export price amounted to $606 per ton, shrinking by -5.9% against the previous year. In general, the export price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $981 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 France ($115,000 per ton), while the average price for exports to Bahrain ($469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+30.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fruit Pears and Quinces in India

In 2022, the amount of fruit, edible imported into India reached 31K tons, picking up by 4.8% against the year before. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit pears and quinces imports rose notably to $36M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.4%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Fruit Pears and Quinces in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.115.317.720.516.1%
China9.49.69.810.02.1%
South Africa5.25.45.55.73.1%
Others0.20.20.20.314.5%
Total27.830.533.336.59.5%

Top Suppliers of Fruit, Edible; Pears and Quinces, Fresh to India in 2022:

  1. China (19.4K tons)
  2. South Africa (6.3K tons)
  3. United States (5.1K tons)

Exports of Fruit Pears and Quinces in India

For the fourth year in a row, India recorded growth in shipments abroad of fruit, edible, which increased by 3.2% to 6.1 tons in 2022. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fruit pears and quinces exports reduced to $3.7K in 2022. In general, exports, however, saw a perceptible decline. The smallest decline of -2.8% was in 2021.

Export of Fruit Pears and Quinces in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain2.72.82.82.81.2%
Nepal0.70.60.60.6-5.0%
Others0.70.60.40.3-24.6%
Total4.13.93.83.7-3.4%

Top Export Markets for Fruit, Edible; Pears and Quinces, Fresh from India in 2022:

  1. Bahrain (6.0 tons)
  2. Nepal (0.2 tons)

Source: IndexBox Market Intelligence Platform

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