Beruflich Dokumente
Kultur Dokumente
G Srivatsava
Foretell Business Solutions Private Limited
07 October, 2006
Flow of presentation
Background
Supply and Demand
Area
Production
Productivity
Export
Consumption
Price analysis
Seasonality
Price drivers
Forecast
Review
Outlook
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Turmeric- Background
Turmeric -Background
Botanical name - Curcuma longa
Commercial application rhizome underground stem
Active ingredients Curcumin-colouring principle, aroma and
flavour
Application in culinary, cosmetics, ayurvedic preparation,
pharma and dyeing
Turmeric is closely linked with everything auspicious- hence
indispensable element of all celebrations, festivals.
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Turmeric - Background
India contributes 80% of world production
and roughly 60% of exports
Indian turmeric industry size is roughly Rs.
2500 3000 crores
Export of turmeric and its products is
around Rs. 120 170 crores
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Area
Share
Production
Share
Andhra Pradesh
57.7
38.4
280.7
53.8
Tamil Nadu
16.7
11.1
65.9
12.6
Orissa
23.7
15.8
56.2
10.8
West Bengal
12.2
8.1
22.9
4.4
Karnataka
6.0
4.0
27.5
5.3
Gujarat
0.9
0.6
13.0
2.5
Kerala
2.9
2.0
6.3
1.2
Maharashtra
7.0
4.7
6.0
1.1
North East*
16.0
10.6
26.6
5.1
150.3
100.0
522.1
100.0
All India
Source: www.dacnet.nic.in/spices/
Note: Average for 2002-03 and 2003-04 & Area in 000 ha, production in 000 tons
* Indicates some of Northeastern states such as Assam, Meghalaya, Mizoram, Nagaland & Tripura
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34%
6%
7%
A ndra P radesh
West B engal
13%
Tamil Nadu
Karnataka
12%
Orissa
Others
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Area in hectares
2005-06
2006-07
Crop condition
21750
18570
Satisfactory
Nizamabad
8951
9829
Good
Guntur
6200
4120
Good
Kadappa
2800
2800
Good
Erode
6125
6138
Good
Kharim Nagar
Note: in Hectares
Source: District Agriculture Departments
On the whole, this year we expect the area to decrease by about 5-7%
However, crop condition and therefore yield is expected to be better.
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Climate conditions
Crop maintenance
Use of hybrid varieties like IISR
Prathibha
800000
700000
600000
500000
400000
300000
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State
Andhra Pradesh
2.97
Tamil Nadu
-6.69
Orissa
-0.38
West Bengal
Source: Spices Board Data
CGR (%)
0.69
Karnataka
1.3
Total India
0.87
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Productivity - turmeric
Constraints
Climate
Crop rotation
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Export trends
Note: Although export demand would be around 40,000 tons annually, good export demand could drive
the prices. Export demand is rising from last couple of years on account of increased non-food use
and also food use in some countries.
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Export trends
Key export markets
UAE - 17%
USA - 10%
Bangladesh - 9%
Sri Lanka - 7%
Japan - 7%
Malaysia - 6%
UK - 6%
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Export trends
Forms in which export takes
place
Dry turmeric
Oleoresin
V a lue in R s la k hs
Turmeric powder
16000
12000
8000
4000
0
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Demand (tons)
Household
250,000
Institutional
55,000
Oleoresin
55,000
Pharmacy
50,000
Dyeing Industry
50,000
Exports
45,000
45,000
Seeds
50,000
Total
Applications
As colouring Agent
Medicinal & pharmacy product
Consumer preference
Households - powder
Institution - powder
FMCG - Dry & oleoresin
Health care - Oleoresin
600,000
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World production
Production Share (in percentage)
82
3 3 4
India
China
Myanmar
Nigeria
Bangladesh
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Seasonality in prices
P ric e s in p e rc e n ta g e
Mar
May
Jul
Sep
Nov
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Acknowledgement
Sincere thanks to Karvy Comtrade Limited and
Mr. Ashok Mittal for inviting us to this conference
To the discerning audience who have shown keen
interest in this conference
To my colleagues at Foretell for putting all the efforts
in making this presentation
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