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Current Position:Home » News » Marketing & Retail » Topic

India’s grape exports to Europe surge by 31%

Zoom in font  Zoom out font Published: 2019-05-21  Origin: indiafinancenews.com  Views: 2
Core Tip: India closed its 2018-19 grape export season with a 31% rise in export of the fruit to Europe, the most premium market.
India closed its 2018-19 grape export season with a 31% rise in export of the fruit to Europe, the most premium market. Exports to Russia, China and other destinations are expected to have increased by about 25 - 30%.

According to Agricultural and Processed Foods Development Agency (Apeda), India’s grape exports rose from 92,286 tons in 2017-18 to 1,21,469 tons in 2018-19. The Netherlands, UK and Germany accounted for 90% of India’s grape exports to Europe. In 2017-18, India had exported grapes worth Rs1,9 bln (€243 mln) to Europe, though the year-on year rate of growth had declined in that year.

Grape prices had slumped during the middle of the season for six weeks from mid-February till end of March due to oversupply. “As against the expected price level of 9 to 10 euros for a box of 5 kg grapes, we went with a price of 5 to 7 euros,” said Vilas Shinde, chairman of Nashik-based farmer producer company Sahyadri Farms, which is India’s top corporate exporter.

Though Apeda is yet to compile data about the export of grapes to Russia and other destinations, Jagannath Khapre, president, All India Grape Exporters Association said, “We believe that the export of grapes to Russia and other countries must have increased by 25% to 30%.”

With one of the longest harvest seasons that spans from October to May, India has acquired closed to 70% of the market share of white grapes in Europe for the March to May period. The exporters are now trying hard to get access to good quality coloured varieties, which have more demand in the international markets.

“About 65% of the European demand is for coloured grapes, while more than 90% of India’s grape export is white grapes. Getting good coloured varieties can help us get a bigger share of the international market,” said Shinde of Sahyadri.

 
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