Prices have shot up by 50-65 per cent, at a much higher pace than other fruits and vegetables, reveals the ASSOCHAM recent study.
According to a comprehensive study done by the ASSOCHAM Agri Research Wing on Mango - Anxiety on Production and Export Front reveals that both farmers and the consumers are at the receiving end of the havoc caused by the rains with maximum of the damage reported in Uttar Pradesh which produces largest variety of mangoes in over a dozen belts like Malihabad, Shahabad, Amroha, Bulandshahr, Hardoi, Unnao, Barabanki and Saharanpur.
The trend of rising mango prices is already visible, the study projects retail price tag shooting up by 50 - 65 percent this season, depending on the variety of the fruit, adds the study.
While the loss is being assessed still as the harvest continues, preliminary estimates point towards a minimum loss of 20% on production. In pockets of Uttar Pradesh the loss is estimated at over 50%. With production of four million tonnes, Uttar Pradesh contributes about one-fourth the country's production which is likely to falling to 15 million tonnes this season. With regard Maharashtra and other central Indian states the situation is equally bad.
The various state governments have announced relief measures and financial compensation, they are not sufficient to mitigate farmers' losses and also curb rising prices. More needs to be done to help farmers, said Mr D S Rawat Secretary General ASSOCHAM.
As per the study, Andhra Pradesh and Uttar Pradesh together account for about half of the total mangoes being produced in India with both the states accounting for almost similar share of over 24 per cent. Karnataka (10 per cent), Bihar (7.6 per cent) and Gujarat are amid top five states with high share in mangoes' production across India.
Mr Rawat said the ASSOCHAM has always been raising issues of concern and interest to the farmers as they form backbone of our economy.
The current year's mango crop suffered the onslaught of repeated rains accompanied by hailstorm and strong winds from end January till early April, 2015 in North and Central India, resulting in huge loss.
Exports too have been affected, though India's share of mango exports even in good times has been negligible. Considering the production volume and variety of Indian mangoes, country's exports at 41,280 tonnes is insignificant, whereas Pakistan which produces just around 1 million tonnes of mango exports 40,000 tonnes (i.e. 4% of its production). Thus India's share in global market is miniscule.
The UAE is the top most export destination for India's mangoes accounting for over 61 per cent share followed by the UK (12 per cent) and Saudi Arabia (five per cent). Qatar, Kuwait and Bangladesh are other leading export destinations for Indian mangoes.
Qatar is leading with about 110 per cent CAGR in mango imports from India followed by the USA (88 per cent), Oman (84 per cent), Nepal (70 per cent) and Kuwait (46 per cent) amid top five destinations recording high growth in mangoes exported from India.
India has the huge potential in mango exports but unable to exploit the opportunities. In the current year, lower production prospects are likely to impact mango exports from India badly, said Mr. Rawat.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
