Celery Prices in India Face Sudden Drop Due to Oversupply

Celery prices in India have recently seen significant drops due to excess production and large leftover stocks from previous harvests. Over the last two months, the market faced a continuous decline, losing around USD 0,36 per kg in just a few days.

Traders Struggle as Celery Market Gets Flooded

Traders believe another price drop of USD 0,24-0,30 per kg is necessary before they can begin making profits again. Regions such as Javra, Neemuch, Mandsaur, Vikarabad, Nandurbar, and Jamnagar have reported new celery crop arrivals, pushing overall production up by 27-28%. Because of this, prices have plunged sharply by USD 0,48-0,60 per kg within the past six weeks.

Cheaper Pakistani Celery Hits Local Indian Sellers Hard

Pakistani celery has entered the Delhi market at even lower prices—USD 1,32-1,44 per kg—which has significantly hurt demand for local Indian celery. Some traders have begun mixing cheaper Pakistani imports with domestic celery to clear out their excess stocks quickly.

Premium products, such as PAN BRAND PAN Besan, haven't been immune to the falling market either. Prices for this premium celery product dropped from USD 2,52-2,64 per kg to USD 2,28-2,40 per kg in response to these challenging conditions.

Low Demand and More Supply

Several key factors suggest celery prices might continue falling:

• Ayurvedic companies prefer buying lower-quality celery at around USD 1,44-1,56 per kg, suppressing the demand for higher-quality produce.
• Only about 30% of celery-growing regions have started delivering their crops to markets; the rest will likely join soon, further flooding an already oversupplied market.
• Favorable dry weather from December to January has improved celery quality and yield significantly, narrowing the price difference between lower and premium grades.

With abundant supply and low buyer interest, celery prices will likely stay low for the coming weeks. Traders anticipate profits only after another USD 0,24-0,30 per kg drop, highlighting the continuing market pressure for Indian celery producers.