Heavy Rains and Floods Threaten Big Cardamom Crop in Assam

The sporadic arrival of the new big cardamom crop has begun. However, recent floods and heavy rains in major producing states like Assam are raising concerns about potential damage to the upcoming crop. Despite these challenges, experts do not foresee a long recession in the big cardamom market in the coming days. Readers are encouraged to stay informed, as regular updates on big cardamom prices and trends will be shared.

Price Fluctuations as Big Cardamom Sales Slow Down

The first crop of big cardamom has arrived in small quantities. Though clear information about its quality and price is still pending. Recent heavy rains have caused significant flooding in many areas of Assam and the North-East, including Meghalaya, threatening the upcoming crop. Despite the current uncertainty, big cardamom sales in the domestic markets remain low. In the local wholesale market, prices for kachikat big cardamom recently dropped by USD 18,00 to USD 18,06 per kg after an earlier rise of USD 6,00. The market is currently seeing reduced sales activity.

Farmers Brace for Major Losses in This Year’s Big Cardamom Yield

Unfavorable weather conditions have taken a toll on the big cardamom crop. Estimates suggest that 60-70% of the crop has been lost due to higher-than-normal temperatures and insect attacks in key producing states. This has led to expectations of a major decline in the first and second crops. International availability of big cardamom remains weak, with ongoing reports of poor weather in these regions.

Auction Prices Rise as Big Cardamom Availability Shrinks

• As of October 3, auction prices for big cardamom have increased, ranging between USD 14,40 and USD 20,40 per kg.
• Nepal, another major producer, is also reporting significant crop losses, with current imports priced between USD 18,60 and USD 19,20 per kg.
• The situation in Bhutan and Sikkim mirrors this trend, with reports of crop damage from these regions as well.

In the first three months of the current financial year 2024-25, India exported 346,98 tonnes of big cardamom, earning USD 6,49 million, a significant increase from last year’s exports of 247,96 tonnes, which brought in USD 2,30 million. Despite the challenges, there is no sign of a recession in the big cardamom market in the near future.

Conclusion: Big Cardamom Market Stays Resilient 

Despite weather challenges and crop losses, the big cardamom market remains stable with no signs of recession. Both domestic and international demand continue to drive the market, and prices are expected to remain firm in the coming months. Keeping an eye on the evolving weather conditions and crop arrivals will be crucial for traders and consumers alike.





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