Garlic Prices Skyrocket in India: New Rates Amidst Supply Shortage
Following Tomatoes, Now Garlic Witnesses Soaring Prices; Consumers Feel the Pinch
- Garlic prices witness a significant surge, impacting household budgets.
- Current retail prices range from INR 300 to INR 400 per kilogram.
- Adverse weather conditions in major production areas contribute to a damaged garlic crop.
- Supply shortage leads to increased reliance on neighboring states for garlic procurement.
- Wholesale markets experience a rise in garlic prices due to heightened transportation costs.
After a spike in tomato prices over the past few months, another kitchen staple, garlic, is now facing a steep increase in rates, causing concern among consumers. The retail market is currently witnessing garlic prices ranging from INR 300 to INR 400 per kilogram, a substantial surge from previous levels.
The surge in garlic prices can be attributed to adverse weather conditions in key production regions such as Nasik and Pune. Unfavorable weather and crop damage have resulted in a reduced garlic yield, leading to a supply shortage across Maharashtra. As a consequence, wholesale markets in Mumbai are relying on neighboring states like Gujarat, Rajasthan, and Madhya Pradesh to fulfill the garlic demand.
Traders at the APMC Yard in Vashi indicate that prices are unlikely to witness an immediate decline due to the supply-demand gap. In the past month, garlic prices in the APMC bulk yard ranged from INR 100 to INR 150 per kilogram, whereas in retail markets, the prices soared to INR 300 to INR 400 per kilogram.
Consumers are feeling the impact of rising garlic prices, prompting concerns about household budgets. The heightened transportation costs involved in procuring garlic from neighboring states have further contributed to the overall increase in prices.
With the supply shortage persisting and no imminent improvement expected, consumers may continue to bear the brunt of elevated garlic prices in the coming weeks.