Wednesday, September 11, 2024
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   

You can get e-magazine links on WhatsApp. Click here

POLICY & REGULATIONS

2.60 lakh tons of onion exported in 2024-25, Centre procures 4.68 lakh tons for price stabilisation buffer
Saturday, 10 August, 2024, 08 : 00 AM [IST]
Our Bureau, New Delhi
Government has lifted the onion export prohibition from May 4, 2024, and has allowed the export with minimum export price of (MEP) of $550 per MT and export duty of 40%. Till July 31, 2024, a total quantity of 2.60 lakh tons of onion had been exported in current financial year 2024-25. Further, the Government had procured 4.68 lakh tons, majorly from Maharashtra, through NCCF and NAFED for the price stabilisation buffer.

In comparison with last year (2023), the price realisation by onion farmers in current year has been much higher. The average monthly mandi modal prices of onion in Maharashtra between April and July 2024, were in the range of Rs 1,230 to Rs 2,578 per quintal as against Rs 693 to Rs 1,205 per quintal for corresponding period last year (2023). The average procurement price of onion for the buffer in current year was Rs 2,833 per quintal which is 64% higher than the procurement price of Rs 1,724 per quintal last year.

India is a net exporter of onion and earns income from the export. The net export value earned by India for each of the last three years were Rs 3,326.99 crore in 2021-22, Rs 4,525.91 crore in 2022-23 and Rs 3,513.22 crore in 2023-24.

Statistics regarding State-wise production of onion during each of the last three years and annual household consumption of onion calculated from the report of Household Consumption Survey, 2022-23 of Ministry of Statistics and Programme Implementation (MoSPI) are given at Annexure-I.

Details of country-wise export and import of onion during last three years are given at Annexure-II.
 
Annexure-I
State-wise Production of Onion during each of the last three years (2021-22 to 2023-24) and annual household consumption 2022-23 in Lakh Metric Tons.

States

2023-24

2022-23

2021-22

Annual Household Consumption 2022-23*

Andhra Pradesh

5.13

9.56

7.23

7.64

Bihar

13.88

13.44

13.75

20.88

Chhattisgarh

3.80

3.93

3.88

3.89

Gujarat

20.57

20.47

25.55

10.55

Haryana

5.41

5.38

5.14

5.82

Karnataka

16.38

26.65

27.80

9.79

Madhya Pradesh

41.66

52.62

47.41

10.87

Maharashtra

86.02

120.33

136.69

17.13

Odisha

3.69

3.69

3.69

6.37

Punjab

2.67

2.49

2.45

5.60

Rajasthan

16.31

16.15

14.48

9.29

Tamil Nadu

4.38

5.25

6.08

14.32

Telangana

1.00

1.29

1.77

3.37

Uttar Pradesh

5.77

5.11

5.09

27.64

West Bengal

8.85

8.92

8.96

14.23

NCT Delhi

0

0

0

2.52

Others

6.62

6.79

6.92

23.71

All India

242.12

302.08

316.87

193.61


Sources: Onion production is from Department of Agriculture & Farmers Welfare;
 Annual Household Consumption is calculated from the Report of Household Consumption Survey, 2022-23 of Ministry of Statistics and Programme Implementation.
 
ANNEXURE-II

Country-wise export of Onion by India in Lakh Metric Tons





Country

2021-22

2022-23

2023-24

BANGLADESH PR

6.59

6.71

7.24

SRI LANKA DSR

1.63

2.71

1.7

MALAYSIA

1.7

3.93

1.67

U ARAB EMTS

1.23

4.03

1.55

NEPAL

1.68

1.76

0.81

INDONESIA

0.38

1.17

0.47

VIETNAM SOC REP

0.18

0.76

0.47

QATAR

0.33

0.8

0.34

OMAN

0.15

0.62

0.28

KUWAIT

0.24

0.45

0.28

OTHERS

1.27

2.13

1.27

TOTAL

15.39

25.27

16.07





Country-wise import of Onion by India in Metric Tons





Country

2021-22

2022-23

2023-24

AFGHANISTAN

23,727.16

0

20,088.45

EGYPT A RP

1,475.10

0

0

IRAN

812

0

428.06

KOREA RP

0.09

0

0

TURKEY

372.69

0

0

U ARAB EMTS

2,125.56

0

0

TOTAL

28,512.60

0

20,516.52


Source: Trade Statistics, Ministry of Commerce and Industry
 
This information was given by the Union Minister of State for the Ministry of Consumer Affairs, Food and Public Distribution, BL Verma in a written reply in the Lok Sabha.
 
Print Article Back
Post Your commentsPost Your Comment
* Name :    
* Email :    
  Website :  
Comments :  
   
   
Captcha :
 

 
 
 
 
 
 
 
 
 
 
Food and Beverage News ePaper
 
 
Interview
“Last fiscal year ended up with a growth of 26%”
Past News...
 
FORTHCOMING EVENTS
 

FNB NEWS SPECIALS
 
Overview
Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon
Past News...
 
 
Subscribe Now
 
 
Recipe for Success
Her expertise lies in storytelling through each dish
Past News...



Home | About Us | Contact Us | Feedback | Disclaimer
Copyright © Food And Beverage News. All rights reserved.
Designed & Maintained by Saffron Media Pvt Ltd