Garlic Prices Continue to Drop as Supply Overwhelms Market

Garlic prices in Madhya Pradesh, India are witnessing a steady decline as an oversupply of both old and new stock floods the market. In Mandsaur, daily arrivals include 15,000 bags of camel variety garlic and 3,000 bags of local variety garlic. Across all centers in the state, total arrivals have reached 50,000 to 60,000 bags, leaving traders cautious about further price drops.

Excess Supply Weighs Down Prices

Usually, by mid-January, old garlic stocks clear out, but this year, they continue to arrive alongside fresh harvests. 30% of the new garlic is still raw, keeping market pressure intact.

• Local garlic prices range between USD 0,36 and 1,08 per kg.
• Raw garlic is expected to drop further to USD 0,72 to 0,84 per kg.
• By March, local garlic may decline to USD 0,36 to 0,60 per kg.

Farmers Expect a Strong Harvest Despite Falling Prices

Garlic production in Madhya Pradesh is set to be 2.5 times higher than last year, while Rajasthan has reported a 1.5 to 2 times increase in production. The recent cold weather has improved garlic quality, but the surplus supply is preventing any price recovery.

Export Demand Holds the Key for Stabilization

There is growing anticipation for export demand from Bangladesh and Malaysia, which could provide relief to Indian traders. If China’s garlic prices remain high, Bangladesh may turn to India for imports. However, a clearer export picture will emerge by April.

With old garlic still arriving in markets for the next 15 to 20 days, traders remain cautious, waiting for supply to ease before prices can recover.





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