Cardamom exports hit Rs 456 crore in first half of current fiscal

Climate change has led to a significant decrease in cardamom production in Nepal, with the country expecting to produce approximately 4,000 tons this year, a 20% drop from the previous year. This marks the third year of consecutive decline in production, which was around 9,000 tons three years ago. The current selling price of cardamom in Nepal is 2,750 rupees per kilogram, up from 2,250 rupees per kilogram last fiscal year. The chairman of the Nepal Cardamom Entrepreneurs Association has suggested that expanding the planting area and increasing production could help the industry experience a price increase, with potential for an additional 25,000 tons of production.

The chairman of the Nepal Cardamom Entrepreneurs Association said that climate change has affected cardamom production. This year's production has dropped by nearly 20% compared with last year, which is the third consecutive year of decline. It is expected that the national production this year will be about 4,000 tons, 5,000 tons last year, and about 9,000 tons three years ago. At present, farmers sell cardamom at a price of 2,750 rupees per kilogram, and the price was 2,250 rupees per kilogram last fiscal year. The chairman pointed out that the cardamom production in Nepal, India and Bhutan fluctuates greatly, and the cardamom price in the local market fluctuates ...