Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Indian mango price soars by 65% due to rains: ASSOCHAM

byCustoms Today Report
23/04/2015
in International Customs, Nepal
Share on FacebookShare on Twitter

KATHMANDU: Mango, the king of Indian fruits, is acting very pricey this summer with even the lower end of the varieties selling at Rs 100 a kg in the retail market while the premium variety Alphonso is costing Rs 500 -600 per dozen in Mumbai, courtesy unseasonal rains which resulted in production loss up to 50 percent in some states, an ASSOCHAM study pointed out.Prices have shot up by 50-65 per cent, at a much higher pace than other fruits and vegetables, reveals the ASSOCHAM recent study.

According to a comprehensive study done by the ASSOCHAM Agri Research Wing on Mango – Anxiety on Production and Export Front reveals that both farmers and the consumers are at the receiving end of the havoc caused by the rains with maximum of the damage reported in Uttar Pradesh which produces largest variety of mangoes in over a dozen belts like Malihabad, Shahabad, Amroha, Bulandshahr, Hardoi, Unnao, Barabanki and Saharanpur.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

The trend of rising mango prices is already visible, the study projects retail price tag shooting up by 50 – 65 percent this season, depending on the variety of the fruit, adds the study.While the loss is being assessed still as the harvest continues, preliminary estimates point towards a minimum loss of 20% on production.

In pockets of Uttar Pradesh the loss is estimated at over 50%. With production of four million tonnes, Uttar Pradesh contributes about one-fourth the country’s production which is likely to falling to 15 million tonnes this season. With regard Maharashtra and other central Indian states the situation is equally bad.

The various state governments have announced relief measures and financial compensation, they are not sufficient to mitigate farmers’ losses and also curb rising prices. More needs to be done to help farmers, said Mr D S Rawat Secretary General ASSOCHAM.

As per the study, Andhra Pradesh and Uttar Pradesh together account for about half of the total mangoes being produced in India with both the states accounting for almost similar share of over 24 per cent. Karnataka (10 per cent), Bihar (7.6 per cent) and Gujarat are amid top five states with high share in mangoes’ production across India.

Mr Rawat said the ASSOCHAM has always been raising issues of concern and interest to the farmers as they form backbone of our economy.The current year’s mango crop suffered the onslaught of repeated rains accompanied by hailstorm and strong winds from end January till early April, 2015 in North and Central India, resulting in huge loss.

Exports too have been affected, though India’s share of mango exports even in good times has been negligible. Considering the production volume and variety of Indian mangoes, country’s exports at 41,280 tonnes is insignificant, whereas Pakistan which produces just around 1 million tonnes of mango exports 40,000 tonnes (i.e. 4% of its production). Thus India’s share in global market is miniscule.

The UAE is the top most export destination for India’s mangoes accounting for over 61 per cent share followed by the UK (12 per cent) and Saudi Arabia (five per cent). Qatar, Kuwait and Bangladesh are other leading export destinations for Indian mangoes.

Qatar is leading with about 110 per cent CAGR in mango imports from India followed by the USA (88 per cent), Oman (84 per cent), Nepal (70 per cent) and Kuwait (46 per cent) amid top five destinations recording high growth in mangoes exported from India.

India has the huge potential in mango exports but unable to exploit the opportunities. In the current year, lower production prospects are likely to impact mango exports from India badly, said Mr. Rawat.

Tags: ASSOCHAMdue to rainsIndian mango pricesoars by 65%

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Every day is Earth day at NASA

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.