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Will Cardamom Prices Increase 2022?

According to Sanghvi, black cardamom prices rose from Rs 350 to Rs 650-700 per kg, while green cardamom prices increased from Rs 400 to Rs 650-700 kg since the beginning of 2022.

Why is the price of cardamom increasing?

Add to it the labourers’ wages and maintenance cost of the farm and the entire expense comes to around Rs 1,000-Rs 1,200 for every kg of cardamom produced. This is unsustainable,” he says. The rise in cultivation and production of the spice in the past three years is one of the reasons for the spiralling price.

Is there a cardamom shortage?

But presently there is a shortage of good quality export cardamom in the Indian market, which has led to the dominance of Guatemalan cardamom in global trade.

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Which country is the largest importer of cardamom?

Saudi Arabia
Data obtained showed that in 2017, Saudi Arabia is the largest importer of cardamom, comprising 19.3% of the world market (UN Contrade and ITCF statistic).
CARDAMOM.

Exporter/Year World
2014 62,901
2015 59,587
2016 56,905
2017 57,178

What is the rate of 1 kg cardamom?

The price of Green Cardamom products is between ₹1,200 – ₹1,420 per Kg during Oct ’21 – Sep ’22.

Which country cardamom is best?

Guatemala is the leading supplier of cardamom in the world, producing approximately 23,000 MTs annually. Guatemala exports the majority of its production to the Middle East, with small amounts to the EU.

Who is largest producer of cardamom?

Trends of Top 10 Producers

Country Production %
1 Global
2 Indonesia 29.44%
3 India 28.51%

Which state is the largest producer of cardamom?

Largest Spice Producing States – Cardamom (Large)
Arunachal Pradesh.

Which state is famous for cultivation of cardamom?

Large Cardamom has been cultivated in non-traditional areas like Arunachal Pradesh, Nagaland, Manipur with much more efforts of the Board.

What is the price of cardamom in Guatemala?

Price Description:

Cardamom Size Price(Per kg)
8.5 mm Rs.1250
8 mm Bold Rs.1170
7 mm to 8 mm Rs. 990
6 mm to 7 mm Rs. 920

What affects the price of cardamom?

Litre weight, i.e. the weight of cardamom per litre volume, if equivalent or more than 400g, is considered to be of fine quality; this will fetch a good price. Anything below 350g is considered poor quality. This may happen due to fewer number of seeds or pre-mature plucking. Dark green cardamom is considered the best.

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Which cardamom is expensive?

Green cardamom
Green cardamom is one of the most expensive spices in the world.

Where can I export cardamom?

United Arab Emirates is the largest buyer of Cardamom exported from India. India exports almost 288689 quantity of Cardamom to United Arab Emirates.

What is the price of cardamom in Dubai?

AED 17.40(Inc.
Only 8 left!

Is cardamom farming profitable?

Hence the profit is Rs. 1,45,000 per acre for Cardamom cultivation for 4 years of Cardamom cultivation, giving a nearly profit of Rs. 40,000 per year. The prices may alter year to year, region to region and hence the profit might increase or decrease in few situations.

What is the market rate of cardamom?

Daily Auction Price of Small Cardamom
Sno Date of Auction Avg.Price (Rs./Kg)
1 22-Oct-2022 1056.28
2 22-Oct-2022 1,084.86

Which country grows most Elaichi?

India, formerly the foremost producer, consumer and exporter of small cardamom, is second to Guatemala which fortuitously is currently the largest producer of cardamom. India has reported substantial diversity in small cardamom and is considered to be the centre of origin of E. cardamomum.

Which country imports cardamom from India?

Import Trends of Top 10 Importers of Whole Cardamom

Country Import %
1 Global
2 Saudi Arabia 20.89%
3 United Arab Emirates 13.43%

Does India import cardamom?

There is a total of 21 countries India imports Cardamom from.

Is cardamom a cash crop?

Large cardamom (Amomum subulatum), is one of the main cash crops cultivated in Sikkim and the Darjeeling district of West Bengal. India is the largest producer of large cardamom in the world and Sikkim contributes to it significantly.

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Which state is best for cardamom in India?

Following states are the major producers of cardamom in India: 1. Kerala – 70% 2. Karnataka – 20% 3. Tamil Nadu – 10% Idukki district in Kerala is the major cardamom-producing area and places such as Udumbanchola taluka, Peermede taluka and Devikulam taluka are important centres in Idukki district.

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