Sunday, September 27, 2020

Vegetable Exports bounce 20 percent on Strong Demand, Lower Air freight & Goodwill

Vegetables export has increased to about 20% more than the pre-Coronavirus levels, helped by demand from Europe & West Asia and lower air freight. Indian exporters have earned goodwill as that they had ensured steady supply even when freight rates were high unlike countries like China, Egypt, Kenya & Dominican Republic. 

“The export demand is 20% above the pre-Covid levels. We noticed that within the half-moon of 2020-21, there was a rise in consumption of vegetables in most of the export markets compared to non-vegetarian food. Also, the rise within the frequency of flights by Air India, Spice Jet, British Airways & Gulf Carriers, resulting in a drop by freight rates, helped exporters,” Sunil Awari, Bengaluru-based Namdhari farm fresh said. 

According to the Agricultural & Processed Food Products Export Development Authority (APEDA) data, fresh vegetables exports from India in April-July rose 18% over an equivalent period within the previous year. It had also organized meetings & interactions between exporters & importers through respective high commissions & embassies in Singapore, Kuwait, Switzerland, Russia, Indonesia & the UAE, which were helpful for exporters to venture into new market & enhance exports. 

27/09/20 P. Godha Hiranmayee/Krishi Jagran

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