Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Sharp spike in Basmati rice & processed foods shipments.
Dec 06, 2022
Exports of agricultural and processed food products rose 19% to $ 15.2 billion during April-October (2022-23) compared to the same period last year, driven by spike in shipment of rice, fruits and vegetables, livestock and dairy products.
According to provisional data released by the Directorate General of Commercial Intelligence and Statistics, the value of Basmati rice exports rose by more than 37% in the first seven months of current fiscal to $ 2.5 billion in the first seven months of the current fiscal year. The shipment of non-Basmati rice registered a growth of 8% to $ 3.2 billion during the period.
Export realisation from shipment of aromatic long grain Basmati rice grew by 23% to $1056/tonne in the April – October, 2022-23 period from $ 857/tonne realized in same period previous year. Non-basmati Rice exports are likely to decline in the second half of the current fiscal, as India has imposed a ban on broken rice exports and imposed a 20% export tax on white rice.
Wheat export registered an increase of 70% to $ 1.5 billion in April-October 2022-23 from $ 886 million reported during the same period previous fiscal.
India had banned shipment of wheat in May while allowing only those consignments aimed at meeting food security needs of developing countries. In the current fiscal, India has exported 4.6 million tonne (MT) of wheat so far while 7 MT of grain was shipped in FY22.
For the current fiscal, an export target of $ 23.5 billion has been set by Agricultural and Processed Food Products Exports Authority (APEDA). Other key agricultural products exported from the country include marine products, spices, tea, coffee and tobacco
Exports of products under APEDA basket was $ 25.6 billion in 2021-22, which was around 51% of the country’s total agricultural goods exports of more than $ 50 billion. The agri-exports in previous fiscal was close to 20% more than FY21.
The export of meat, dairy and poultry products rose by 5% to $ 2.3 billion during April-October period of current fiscal compared to previous year. The dairy products alone registered a growth of 43% to $ 380 million during the same period.
'We have been working in collaboration with the key stakeholders such as farmers, exporters, and processors to ensure that quality agricultural and processed food products are exported from the country.' M Angamuthu, Chairman, APEDA, said.
The rise in the export of agricultural and processed food products is the outcome of the centre’s initiatives for export promotion of agricultural and processed food products such as organising B2B exhibitions in different countries, exploring new potential markets through product-specific and general marketing campaigns by the active involvement of Indian Embassies.
Meanwhile, the government has formulated a strategy to boost exports of nutri-cereals – millets and valued added products focusing on the key markets including USA, United Kingdom, Belgium, Netherlands, Japan, United Arab Emirates and Saudi Arabia.
As part of the promotion of Indian millets exports, APEDA has planned to showcase millets and its value-added product at various global platforms such as Gulfood 2023, Foodex, Seoul Food & Hotel Show, Saudi Agro Food, Fine Food Show in Sydney (Australia), Belgium’s Food & Beverages Show, Germany’s BioFach and Anuga Food Fair, San Francisco’s Winter Fancy Food Show, etc
financialexpress.com
Archive