Top Banner
DECODING IN THE 21 ST CENTURY SPICES Jan 21 st 24 th , 2016 Hotel Grand Hyatt Goa, India Turmeric Crop Report Mr. Sanjeev Bisht, ITC Ltd.
15

Turmeric market report

Jan 21, 2017

Download

Food

NaniAgro
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Turmeric market report

DECODING

IN THE 21ST CENTURYSPICES

Jan 21st – 24th, 2016Hotel Grand Hyatt Goa, India

Turmeric Crop ReportMr. Sanjeev Bisht, ITC Ltd.

Page 2: Turmeric market report

Crop Reports 2016

Content

2

PRICE TRENDS

MARKET SITUATION

FOOD SAFETY & SUSTAINABILITY

Page 3: Turmeric market report

Crop Reports 2016

Turmeric World Scenario

3

Supply

Demand

83

CHINA

INDIA

1

3

98 (000 MT)

ETHIOPIA

4

INDONESIA

MYANMAR2

More than 80% world import catered to by India

*Source: UN Comtrade

Page 4: Turmeric market report

Crop Reports 2016

Turmeric World Scenario

4

Supply

Demand

USA16

SOUTH AFRICA

6

5

EU

4

98 (000 MT)

3

MALAYSIA

7

JAPAN

*Source: UN ComTrade

Page 5: Turmeric market report

Crop Reports 2016

Indian Growing Landscape

5

ASSAM

ORISSA

AP & TELENGANA

TAMIL NADU

KARNATAKA

MAHARASHTRA

304,000 MT Production in India in 2015

TAMILNADU

AP & TELENGANA

MAHARASHTRA

KARNATAKA

OTHERS

15%

43%

26%

4%

12%

STATE CONTRIBUTION

Page 6: Turmeric market report

Crop Reports 2016

Crop Status

6

TAMIL NADU (ERODE)

20%

Sowing Area

10-15%

Productivity

High rainfall resulting in water logging

Rhizome rot & yield reduction

AP & TS (NIZAMABAD)

3%

Sowing Area

45%

Productivity

Very less rainfall & low ground water table

Loss in crop & yield

15% Share

25% Share

*Source: Trade Estimates

Page 7: Turmeric market report

Crop Reports 2016

Crop Status

7

AP & TS (DUGIRALA)

15%

Sowing Area

0%

Productivity

Good rainfall received

Good crop condition

AP & TS (WARANGAL)

3%

Sowing Area

15%

Productivity

Less rainfall

Yield Reduction

12% Share

6% Share

*Source: Trade Estimates

Page 8: Turmeric market report

Crop Reports 2016

Crop Status

8

KARNATAKA

25%

Sowing Area

0%

Productivity

Sufficient Rainfall

Good crop condition

MAHARASHTRA

15%

Sowing Area

40%

Productivity

Sangli Crop average Nanded crop poor as compared to

last year. 40% yield reduction

4% Share

26% Share

*Source: Trade Estimates

Page 9: Turmeric market report

Crop Reports 2016

Crop Status

9

Region % Contribution Area Trend Productivity

Trend

Tamil Nadu 15 20% up -15%

AP & TELANGANA 43 3% up -45%

KARNATAKA 4 25% up 0%

Maharashtra 26 15% up -40%

Others 12 Marginal Increase 0%

Overall production for India less by 20% as compared to last year

*Source: Trade Estimates

Page 10: Turmeric market report

Crop Reports 2016

Production Estimate

10

0 0

112

216183 184

140320

462

574

378 358

304 243

320 462

686

594541 488

383

0

100

200

300

400

500

600

700

800

0

100

200

300

400

500

600

700

2010 2011 2012 2013 2014 2015 2016 (E)

In M.Kg

C/F Stock Production Total Supply

PARTICULARS

(000 MT)2010 2011 2012 2013 2014 2015 2016 (E)

C/F Stock - - 112 216 183 184 140Production 320 462 574 378 358 304 243

Total Supply 320 462 686 594541

(-12.5%)488

(-9.8%)383

(-23%)

*Source: Trade Estimates

Page 11: Turmeric market report

Crop Reports 2016

Production Estimate

11*Source: Trade Estimates

PARTICULARS

(000 MT)2010 2011 2012 2013 2014 2015 2016 (E)

C/F Stock - - 112 216 183 184 140Production 320 462 574 378 358 304 243

Total Supply 320 462 686 594541

(-12.5%)488

(-9.8%)383

(-23%)

Page 12: Turmeric market report

Crop Reports 2016

Turmeric Food Safety Trends

12

0

2

4

6

8

10

12

14

16

Ochratoxin Aflatoxin Pathogen Additives

Nu

mb

er o

f n

oti

fica

tio

ns

Number of notifications in last 12 years

Over 40% of port notifications related to food safety is due to Aflatoxin

*Source: RASFF

Page 13: Turmeric market report

Crop Reports 2016

Turmeric Cost of Cultivation

13

Particulars % Contribution

Field Preparation 24

Seed and Sowing 23

Intercultural Operation 25

Harvesting and Post harvesting 28

Total Cost 100

3 major issues specific in turmeric for sustainability & farmer returns–Fuel, Labour and Rhizome Rot

Page 14: Turmeric market report

Crop Reports 2016

Turmeric Sustainability

14

Mechanized harvestingEnergy PlantationsRhizome Treatment & Tray

Page 15: Turmeric market report

Crop Reports 2016

THANK YOU

15

For more details contactITC Spices ([email protected])