India’s Agri Export Blues – Exploring the 10% Decline, Dairy Dilemma, and the 90% Wheat Demand Drop

Agrarian Handled Food Items Commodity Advancement Authority (APEDA) has delivered rural commodity information, as per which India’s commodities of farming items have declined by 10% during the April-November time of the ongoing monetary year 2023-24. . The justification for this has been supposed to be the decline in grain shipment. As per information delivered by APEDA, agrarian products in the period April-November 2023-24 remained at $ 15.729 billion, which is 9.73 percent less when contrasted with $ 17.425 billion in a similar period last year.

Basmati rice shipments recorded a development of 17.58 percent to $3.7 billion from $2.87 billion in a similar period last year because of higher purchasing by purchasers like Saudi Arabia and Iraq. As far as amount, commodity of Basmati rice expanded by 9.6 percent to more than 29.94 lakh tons from 27.32 lakh tons in a similar period last year.

Wheat send out decreased by 98%

Simultaneously, non-Basmati rice shipments have declined by a quarter because of commodity limitations forced by the public authority in July last year to work on homegrown accessibility and control cost rise. Products of non-Basmati rice from April to November remained at $3.07 billion, which is more than last year’s $4.10 billion. In volume terms, non-Basmati shipments declined by 33% to 76.92 lakh tons when contrasted with 115.7 lakh tons in a similar period last year.

Wheat

Wheat trades declined by 98% to $29 million contrasted with last year’s $1.50 billion. Other grain sends out remained at $429 million, down 38 percent contrasted with $699 million in a similar period last year.

Commodity of poultry items expanded by 6%

Commodities of animals items drove by bison meat and poultry items expanded by 6.31 percent to $2.88 billion during the period from $2.70 billion in a similar period last year. Bison meat sends out became by 13% to $2.40 billion ($2.17 billion in April-November of FY 2022-23), while poultry item shipments recorded an almost 39 percent ascend to $113 million ($82 million) . Notwithstanding, the shipment of dairy items recorded a downfall of 32.86 percent and remained at Rs 283 million ($421 million).

Poultry

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Commodity of leafy foods expanded

Moreover, shipments of new leafy foods recorded a 20 percent expansion to $1.19 billion ($991 million), while shipments of handled products of the soil likewise expanded by 8% to $1.41 billion ($1.31 billion). Went. Counting peanuts, guar gum, cocktails and processed items, a development of 3.9 percent was recorded at 2.96 billion won ($2.85 billion). Guar gum shipments declined 20% to $352 million ($443 million), while peanuts expanded 9% to $504 million ($461 million). Likewise, horticulture trades recorded a development of 2.41 percent to USD 154 million ($150 million). During this period, cashew piece sends out stayed stable at $213 million.

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