Agri exports surge 22% in April-November

Exports of agricultural and processed meals products and solutions, promoted by Agricultural and Processed Foods Solutions Export Progress Authority (APEDA), increased per cent to $15.03 billion through the April-November time period of the present fiscal. This is versus shipments to the tune of $twelve.31 billion in the yr-in the past time period, even as commodities these as refreshing fruits, bouquets, dairy products and solutions, guar gum, non-Basmati rice, wheat and cashew noted even better expansion.

There was a significant soar in exports through November with the shipments registering fifty six per cent expansion at $three.38 billion from $two.sixteen billion yr-in the past.

Apeda Chairman M Angamuthu mentioned: “The expansion of agriculture and meals exports in 2021 was exceedingly well with the advertising of new products and solutions and set a powerful basis to thrive through pandemic. We shall strive to promote agriculture and meals exports with the goal of turning into worldwide leader in this section in 2022.

“The socially aware topic of marketing organic and natural and organic agriculture products and solutions exports, escalating farm income and encouraging standard products and solutions and supporting meals stability of lower income nations shall be central and guiding theory in the export advertising of agriculture and meals products and solutions.”

Non-Basmati rice exports in April-November of the fiscal increased by 46.three per cent to $three.9 billion, though Basmati rice shipments dropped per cent to $ two.06 billion. In terms of volume, non-Basmati rice shipments surged by fifty three.five per cent to ten.9 million tonnes (mt), though Basmati exports fell by 21.two per cent to two.4 mt.

Value realisation

The value realisation in non-Basmati rice declined to $359/tonne from $376/tonne and that of Basmati rice to $860/tonne from $877/tonne.

“Actually, the Basmati value has moved up for the refreshing crop to about $890-900/tonne in November as versus $800-805/tonne yr-in the past,” mentioned an exporter. In terms of amount, Basmati exports have dropped 21.4 per cent though there was per cent tumble in terms of price through November.

“The increased disruption in supplying nations to worldwide current market has supplied this more current market to us. The momentum is necessary to be preserved and sustained by way of enabling item and current market certain techniques. India has been absent in couple of significant export distribution channels in particular retail chains, which could produce accessibility in price-added section,” mentioned trade plan analyst S Chandrasekaran. Basmati, as a brand, needs to move from commodity to area of interest in get to improve its price, he mentioned.

Fresh fruits and wheat

For the duration of April-November, exports of refreshing fruits increased by 31.two per cent to $ 397 million, floriculture products and solutions by per cent to $68 million, dairy products and solutions by 68.six per cent to $ 315 million, guar gum by 60 per cent to $ 258 million and cashew by per cent to $ 305 million.

Wheat exports surged more than 5 occasions to $one.15 billion in the 8 months to November as India entered new marketplaces these as Yemen, Afghanistan, Qatar and Indonesia, besides strengthening its position in Bangladesh (greatest share in FY21), Nepal, Afghanistan, Sri Lanka and United Arab Emirates.