Why Is The Cardamom From Guatemala Available At Cheaper Rates?

Due to low quality of cardamom from Guatemala it remains available at cheaper rates. Moreover the cardamom of Indian origin fetches $ 3-4 per kilogram higher rates than the ones from Guatemala.

What is the price of cardamom in Guatemala?

Since mid-February 2022, export prices for Guatemalan cardamom sized between 6-7 mm have ranged between USD12-13/kg FOB local ports, while at the beginning of the harvesting campaign in October 2021, the spice was offered at USD17-18/kg FOB.

What is the role of Guatemala cardamom in the global market?

(b) It is the leading producer of cardamom. (c) It is the biggest exporter of cardamom.

How much tons of cardamom does Guatemala produce?

approximately 35,000 metric tons
Guatemala is the world’s leading exporter of cardamom; producing approximately 35,000 metric tons (MT) annually (taking into account that world exports are around 45,000 MT). Cardamom is the fourth largest agricultural export product of Guatemala by value.

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Will cardamom price increase?

Cardamom prices have skyrocketed this year, breaching the Rs 5,000 per kg mark, a new high.

Will cardamom prices increase 2022?

According to officials, within four days of the new arrangement, the price showed a positive trend and the average price was quoted at Rs. 985 on Monday which was the highest price in 2022.

What is the market price of cardamom?

Daily Auction Price of Small Cardamom
Sno Date of Auction MaxPrice (Rs./Kg)
1 02-Aug-2022 1441.00

Which country produces best quality cardamom?

The most common species, Elettaria cardamomum or small cardamom is by far best in terms of quality. India is the leading small cardamom producer, producing around 38,000 MT in 2016, followed by Guatemala where the production is around 35,000 MT in the same period.

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Which country produces the best cardamom?

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.

Which is the best quality cardamom?

Bestsellers in Cardamom

  • #1. Generic Cardamom, 50g.
  • #2. Amazon Brand – Vedaka Whole Cardamom (Elaichi), 100g.
  • #3. Vedaka Whole Cardamom (Elaichi), 50g.
  • #4. Vedaka Whole Black Cardamom, 100g.
  • #5. More Superior Elaichi (Cardamom) – Green, 20g Pouch.
  • #6. Generic Cardamom, 100g.
  • #7.
  • #8.

Which country is the largest importer of cardamom?

Exports In 2020 the top exporters of Cardamoms were Guatemala ($1.14B), United Arab Emirates ($125M), India ($120M), Indonesia ($63.3M), and Nepal ($48.4M). Imports In 2020 the top importers of Cardamoms were Saudi Arabia ($338M), United Arab Emirates ($271M), Egypt ($138M), Bangladesh ($128M), and Turkey ($72.3M).

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Who is the largest producer of cardamom?

Guatemala was the leading producer of cardamom, which accounted for more than 55% of the global production in 2019. Asian countries such as Indonesia, India, Nepal, and Sri Lanka are also some of the other major producers of cardamom.

Which country produces the most green cardamom?

Production Trends of Top 10 Producers of Whole Cardamom

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

Why is there a shortage of cardamom?

Due to adverse global weather conditions caused by climate change, we are seeing a shortage in cardamom harvests.

Why is cardamom price down?

Earlier this year, cardamom prices had hovered around Rs 1500 per kg, a remunerative price for the farmer. The lockdown enforced during the second wave of the pandemic and the beginning of the harvest season prompted the price drop.

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What is the price of 1kg cardamom?

FarmOwn Green Cardamom (Elaichi) (1 Kg)

M.R.P.: ₹5,650.00
Deal of the Day: ₹2,349.00 (₹234.90 /100 g)
Ends in 05h 44m 17s Deal has ended
You Save: ₹3,301.00 (58%)
Inclusive of all taxes

Which countries produce cardamom?

In addition to Guatemala and India, Sri Lanka, Nepal, Papua New Guinea and Tanzania are also significant growers of cardamom.

What is the price of cardamom in India?

The price of Green Cardamom products is between ₹1,200 – ₹1,600 per Kg during Jul ’21 – Jun ’22.
High World Engineers.

All India – ₹1199.5/Kg Idukki – ₹1000/Kg
Theni – ₹1050/Kg Ernakulam – ₹1000/Kg
Delhi – ₹1130/Kg Chennai – ₹1100/Kg
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What are the health benefits of cardamom?

10 Health Benefits of Cardamom, Backed by Science

  • Antioxidant and Diuretic Properties May Lower Blood Pressure.
  • May Contain Cancer-Fighting Compounds.
  • May Protect from Chronic Diseases Thanks to Anti-Inflammatory Effects.
  • May Help with Digestive Problems, Including Ulcers.
  • May Treat Bad Breath and Prevent Cavities.

Is cardamom cheap in India?

India cardamom wholesale price. In 2022, the approximate price range for India Cardamom is between US$ 16.84 and US$ 14.15 per kilogram or between US$ 7.64 and US$ 6.42 per pound(lb). The price in Indian Rupee is INR 1263.07 per kg. The average price for a tonne is US$ 16836.72 in Mumbai and New Delhi.

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What is the price of green cardamom?

Green Cardamom at Rs 800/kilogram | Green Elaichi, Elaichi, Cardamom, हरी इलायची – Highrange Spices, Kumily | ID: 6802248755.