European table grape prices have fallen by 33% in caparison with the same time last year, due to a glut in production.
This is disappointing news for Indian growers who usually get good prices for their grapes when exporting them to European markets.
"Indian grape exporters get better prices in European markets, but the rates of grapes have collapsed in European countries due to a glut in the markets. The prices of Indian grapes, which were being sold at Rs 55-60 per kg last year, have declined to Rs 35-40 this year," said Jagannath Khapare, president of the grapes exporters' association of India (GEAI).
"Grapes from Argentina and South Africa had started arriving in European countries three months ago in large quantities, causing a glut in the markets. Moreover, Chile also started exporting its grapes to European countries at the same time as India, worsening the situation. This has led to declining prices in Europe," he added.
The contribution of European exports to the Indian total is around 30-40%, however, the value is typically high - representing around 50-55% of total export value, as Europe pays a premium price for Indian grapes.
In 2010-11, India's total grape export was 99,278 metric tonne, amounting to Rs 412 crore. Of this, 30,284 metric tonne of grapes amounting to Rs 200 crore were exported to European countries.
Grape export from Nashik district has already commenced. So far, 330 containers of grapes (3,960 metric tonnes) have been exported to the UK, Holland, Sweden, Thailand, Vietnam, Indonesia, Sri Lanka, Cambodia, Singapore, Malaysia, Egypt, and Hong Kong, sources said.
Germany, which had blocked the import of Indian grapes for the last two years due to the presence of chemical residue (in 2010), has started placing small orders with Indian exporters.
Source: timesofindia.indiatimes.com
This is disappointing news for Indian growers who usually get good prices for their grapes when exporting them to European markets.
"Indian grape exporters get better prices in European markets, but the rates of grapes have collapsed in European countries due to a glut in the markets. The prices of Indian grapes, which were being sold at Rs 55-60 per kg last year, have declined to Rs 35-40 this year," said Jagannath Khapare, president of the grapes exporters' association of India (GEAI).
"Grapes from Argentina and South Africa had started arriving in European countries three months ago in large quantities, causing a glut in the markets. Moreover, Chile also started exporting its grapes to European countries at the same time as India, worsening the situation. This has led to declining prices in Europe," he added.
The contribution of European exports to the Indian total is around 30-40%, however, the value is typically high - representing around 50-55% of total export value, as Europe pays a premium price for Indian grapes.
In 2010-11, India's total grape export was 99,278 metric tonne, amounting to Rs 412 crore. Of this, 30,284 metric tonne of grapes amounting to Rs 200 crore were exported to European countries.
Grape export from Nashik district has already commenced. So far, 330 containers of grapes (3,960 metric tonnes) have been exported to the UK, Holland, Sweden, Thailand, Vietnam, Indonesia, Sri Lanka, Cambodia, Singapore, Malaysia, Egypt, and Hong Kong, sources said.
Germany, which had blocked the import of Indian grapes for the last two years due to the presence of chemical residue (in 2010), has started placing small orders with Indian exporters.
Source: timesofindia.indiatimes.com
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