Black Pepper Price 1kg in Kerala Today
The black pepper price in Kerala has risen by around Rs 45-50 a kg over the past week. Imports from Sri Lanka and Brazil, increased exports, and erratic weather conditions are among the factors that have affected the price. Let’s take a look at these factors in more detail. Let’s start with the weather in Kerala. Irregular rains in the state have affected the quality of the pepper.
Prices of black pepper have increased by Rs 45-50 per kg in the last week
The rise in the prices of black pepper is due to poor harvest this year. According to farmer organizations, the crop may be over 50% below the expected yield. The price of pepper is increasing because of the erratic weather that has affected many growing regions. Moreover, the prices of other staple crops have increased during the festive season. Hence, consumers should keep a watch on the prices of spices.
The price increase is mainly due to two reasons: a confluence of factors that have resulted in the shortage of the spice in the country. One reason for this is the fact that the festive season, which is a time of feasting and festivities, has spurred the demand for pepper. The other cause of the price increase is the fact that the supply of the spice has been exhausted over the past year.
Imports of Sri Lankan pepper
India has imposed zero duty on Sri Lankan pepper imported from other countries, but the quantity is limited to 2,500 tonnes per year under a SAFTA deal. However, a devaluation of Sri Lankan rupees could lead to a free fall in the amount of Sri Lankan pepper imported into India. Nevertheless, the country remains committed to ensuring that the minimum tariff of Rs 500 per kg is maintained to protect the interests of Indian pepper farmers.
In 2010, Sri Lankan pepper exports to India reached nearly eight thousand tonnes, and the vast majority of the production went to India. The second and third largest countries of importers were Germany, Spain, and the USA. In addition, the Netherlands was the sixth largest importer. However, this figure does not reflect the country’s production. Imports of Sri Lankan pepper have steadily increased in recent years, and the country is now positioned to become a major player in the Indian spice manufacturing industry.
erratic weather conditions in Kerala
The recent erratic weather conditions in Kerala have highlighted the effect of climate change on the state. The state has been experiencing back-to-back drought conditions in 2015 and 2016. The state also saw the first cyclonic storm, “Ockhi,” hit the area in 2017. During the monsoon season of 2018, Kerala faced historic flood episodes that claimed more than 500 lives. While the state is a hotspot for climate change, many residents of Kerala are concerned about the effects of extreme weather conditions on their lives.
The recent flooding in Kerala was the worst since 1924, affecting 5.4 million people and triggering landslides. The Indian government has only recently come to realize the cost of the floods, which is estimated to be US$3 billion. The flooding in Kerala was the result of a monsoon depression that preceded a low-pressure system and followed it. The model also had boundary conditions that helped simulate floods in a pre-industrial climate.
Increase in exports of Brazilian pepper
In 2018, Brazil exported pepper to more than 80 countries, including the US, Canada, and Vietnam. Germany was the leading destination, accounting for more than 21% of the country’s total exports. The US and Vietnam were the next two largest importers of Brazilian pepper, accounting for more than 41 percent of the global trade. While Brazil remained a small player in the world market, it did contribute to a significant increase in exports of black pepper.
In 2013, the amount of pepper exported from producing countries increased by a few percent, to just over 900,000 tonnes. This increase is due to new plantings in Espirito Santo, Bahia, and Minas Gerais in Brazil. Because the supply was good, prices were lower, falling to 5.33 USD per KG in Dec 2021. During this time, Brazil’s exports of black pepper have more than doubled to nearly a million tonnes.