Imports of apples in India increase more than 70% in the 2023-2024 campaign

Published 2024년 6월 24일

Tridge summary

The US Department of Agriculture reports that India's imports of fresh apples have surged by over 70% in the first nine months of the 2023-2024 campaign, reaching a record 510,000 tons. This increase is due to rising domestic demand driven by the growing population and shifting eating habits towards healthier food options. Limited transportation infrastructure for domestic apples also plays a role. Significant contributions to this increase come from Iran and the US, with Iran's share of imports doubling and the US share increasing nearly tenfold. Despite India imposing a minimum import price on apples from Iran to protect domestic prices, these apples remain attractive to price-sensitive Indian consumers. Meanwhile, imports from the European Union, Türkiye, South Africa, and other countries have experienced limited growth due to lower production and increased shipping costs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a new report from the US Department of Agriculture (USDA), imports of fresh apples from India increased more than 70% in the first nine months of the 2023-2024 campaign (July 2023-June 2024) compared to the same period last year and are expected to reach a record of 510,000 tons. While domestic production is also expected to increase slightly, demand for imported apples continues to increase as the Indian population grows and eating habits shift towards healthier foods. The limited transportation infrastructure to move domestic apples from the north of the country to other regions of India is also driving demand for imported products. Increase in apples from Iran and the US The USDA detailed that imports of apples from Iran have almost doubled so far in the 2023-2024 campaign, representing a large part of the overall increase. Before the 2019-2020 campaign, Iran accounted for less than 10% of India's apple imports, but has since increased its share to a third of the ...

Source: Portaldelcampo