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Assessing the Impact of Cardamom Shortages in the Indian Market
Whole Cardamom
Putri Aisyah
Published Jan 9, 2024
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The Indian cardamom market witnessed a substantial increase in price in recent times. This price surge stemmed from reduced domestic production caused by inadequate rainfall, notably impacting the Idukki district, the largest cardamom-producing area in India. To mitigate this shortfall, India significantly increased cardamom imports from Guatemala in 2023. Guatemalan cardamom consistently maintained lower, positioning the country s a promising alternative supplier. The anticipated stronger El Niño phenomenon in 2024 might further impact key-producing regions, prompting close monitoring of forthcoming harvests in 2024 to gauge market trends and potential impacts
Table of contents
Key Takeaways
Part I - Current Market Overview
- Limited Availability in the Indian Market
- Consumers Shift to Guatemalan Cardamom
- Price Analysis
Part II - Indian Cardamom Market
- Overview
- Production
- Cultivation Area
- Seasonality
- Trade
- Key Cardamom Importers from India
Part III - Guatemalan Cardamom Market
- Overview
- Production
- Cultivation Area
- Seasonality
- Export
- Key Cardamom Exporters From Guatemala
Part IV - Market Outlook
Part V - Tridge Solutions
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