India's grapes exports soared across EU market

 

India's grapes exports soared across EU market

Grapes are among India's prominent fruits exports. Grapes are the 5th most produced fruit crop in India. India accounts for the world's 2% grape production. In 2023, India produced around 1.2 million tonnes. According to India import export data reports, India has exported around $751 million worth of grapes during last year. India's biggest markets for grape exports were Vietnam, Saudi Arabia, United Arab Emirates, Morocco and Russia. 

In terms of grapes exports share, Vietnam, Saudi Arabia, United Arab Emirates, Morocco and Russia accounted for 30%, 15%, 12%, 10%, 7% share respectively. Indian grapes exports found newly grown interest from European countries. India export data shows Netherlands ($13 Mn), Georgia ($11 Mn), Romania ($9 Mn), Poland ($3 Mn), and Croatia ($1.6 Mn) as the leading European countries importing grapes from India in FY 2023.


In Jan 2024, India exported over $70 million worth of grapes. Netherlands was the top importer of grapes accounting for 50% market share. The Netherlands has imported over $36 million worth of grapes in January. Along with the Netherlands, Russia ($8.8 Mn), United Arab Emirates ($6.2 Mn), Saudi Arabia ($2.07 Mn) and Bangladesh ($2.06 Mn) were the prominent grape buyers from India.


Apart from the Netherlands, Romania, Germany, Poland, Latvia, France and Denmark were the major European markets where India’s grapes exports propelled during January. On the other hand, during February 2024, India's grape exports progressed at an express rate. According to India customs data, the country's grape exports were recorded to be $108 billion in February 2024. Netherlands was again the top grapes importing country from India with over $47 million in February 2024. 


The fastest growing markets along with the Netherlands were United Arab Emirates, Russia, Bangladesh, Saudi Arabia and Thailand. Sahyadri Farms Post Harvest Care, Nature One Fresh Produce and Green Agrevolution were the top grapes export companies from India responsible for maximum number of shipments. 


Timerfruit from the Netherlands, Edeka from Germany, and Novofresh from Russia were the top grape import companies responsible for the highest amount of grape imports from India. Last year, India imported grapes worth $110 million. Majority of India's grapes imports came from Afghanistan with 72% market share. India import data suggest that Afghanistan accounted for 70% of India's grapes imports with an estimated value of $79 million during FY 2023. China, Greece, Chile, Peru and South Africa were other major grapes exporting countries to India during last year. 


India's grapes exports grew significantly over the past two months. There were a magnificent amount of shipments across the European countries. A thorough market analysis on the European market could bring more revenue and solid brand presence across Europe. India’s fruits exports business owners can further extend their sales across European and other markets through in-depth market analysis. 


There are various global import export data provider offering country wise trade statistics reports that will help companies access market demand, price, production quantity evaluation and buyers, suppliers shipment records. It could help companies draw genuine business leads from the international market. This is the most cost-effective way to enhance companies' exports and mitigate financial risk.

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