Agricultural
and Processed Food Products Exports up by 31 percent to USD 7408 mn in First Three Months
·
Basmati
Rice Exports witnessed a Growth of 25.54 percent in the first three months of
FY 2022-23
·
Fruits
& Vegetables, Cereals, Livestock and Processed Foods Witnessed a Spike in
Exports this Fiscal
·
Of
total USD 23.56 billion Export Target for 2022-23, 31.4 percent achieved in
first three months
·
Export
of Processed Fruits & Vegetables including Pulses up by 59.71 percent to
USD 490 million in Q1 of current fiscal in compare to corresponding months of
previous year
Continuing
with the trend from the previous year, the exports of agricultural and
processed food products rose by 31 percent in the first three months of the
current Financial Year 2022-23 (April-June) in compare to the corresponding
period of FY 2021-22.
According
to the provisional data released by the Directorate General of Commercial
Intelligence and Statistics (DGCI&S), the overall export of APEDA products
increased to USD 7408 million in April-June 2022 from USD 5663 million over the
same period of the last fiscal. The export target for April-June 2022-23 was
fixed at USD 5890 million.
The
initiatives taken by the Agricultural and Processed Food Products Export
Development Authority (APEDA) that works under the Ministry of Commerce and
Industry have helped the country in achieving 31 percent of the total export
target in the first quarter of the current fiscal.
For
the year 2022-23, an export target of USD 23.56 billion has been fixed by APEDA
for the agricultural and processed food products basket.
As
per the DGCI&S provisional data, fresh fruits & vegetables registered
four percent growth, while processed fruits and vegetables recorded a
significant growth of 59.71 percent (April-June 2022) in compare to
corresponding months of the previous year.
Also,
processed food products like cereals and miscellaneous processed items reported
a growth of 37.66 percent in compare to the first quarter of the previous year.
In
April-June, 2021, fresh fruits and vegetables were exported to the tune of USD
394 million that increased to USD 409 million in the corresponding months of
the current fiscal. Exports of processed F&V jumped to USD 490 million in
Q1 of the current fiscal from USD 307 million in the corresponding months of
the previous year.
Basmati
Rice exports witnessed a growth of 25.54 percent in the first three months of
FY 2022-23 as its export increased from USD 922 million (April-June 2021) to
USD 1157 million (April-June 2022), while the export of non-Basmati rice
registered a growth of 5 percent in Q1 of current fiscal. Non-basmati rice
export increased to USD 1566 million in the first three months of the current
fiscal from USD 1491 million in the corresponding months of the previous year.
The
export of meat, dairy & poultry products increased by 9.5 percent and the
export of other cereals recorded a growth of 29 percent in Q1 of the current
fiscal. The dairy products alone recorded a growth of 67.15 percent as its
export rose to USD 191 million in the first three months of the current fiscal
from USD 114 million in corresponding months of the previous year.
Other
cereals’ export increased from USD 237 million in April-June 2021to USD 306
million in April-June 2022 and the export of livestock products increased from
USD 1022 million in April-June 2021 to USD 1120 million in April-June 2022.
“We
continue to provide technical and financial assistance to various stakeholders
in the agricultural goods value chains for boosting exports of unique products
from the country,”Dr. M. Angamuthu,
Chairman, APEDA, said.
As
per the DGCI&S data, the country’s agricultural products exports had grown
by 19.92 per cent during 2021-22 to touch USD 50.21 billion. The growth rate is
significant as it is over and above the growth of 17.66 per cent at USD 41.87
billion achieved in 2020-21 and has been achieved in spite of unprecedented
logistical challenges in the form of high freight rates and container shortages,
etc.
APEDA
had scripted a new history by exporting agricultural and processed food
products to the tune of USD 25.6 billion in 2021-22, which was around 51 per
cent of India's total agricultural goods exports of more than USD 50 billion.
“Through
creating a necessary eco-system of exports along with collaboration with key
stakeholders in the agri-exports value chains, we are
aiming to sustain the growth in India’s agricultural and processed food exports
in the current fiscal as well,” Angamuthu, said.
The
rise in the export of agricultural and processed food products is the outcome
of APEDA’s various initiatives taken for the export promotion of agricultural
and processed food products such as organising B2B
exhibitions in different countries, exploring new potential markets through
product-specific and general marketing campaigns by the active involvement of
Indian Embassies.
The
APEDA has also taken several initiatives to promote products having reigstered geographical indications (GI) in India by organising virtual Buyer Seller Meets on agricultural and
food products with the United Arab Emirates and on GI products, including
handicrafts with the USA.
In a
bid to give a boost to the export of Indian wine, the APEDA facilitated
participation of 10 wine exporters in the London Wine Fair held between June 7-
9, 2022.
APEDA
recently organized a conference on the boosting export potential of natural,
organic and GI-agro Products from the north-eastern states in Guwahati, Assam.
The objective of the conference is to promote the export of natural, organic
and GI agro-products grown in Assam and neighbouring states by creating
international market linkages.
In
collaboration with the Union Territory of Ladakh,
APEDA recently organized an International Buyer Seller Meet, which aimed at
boosting exports of Apricots and other agri-products
from Ladakh. Eighteen entrepreneurs from UTs of Ladakh and Jammu and Kashmir displayed a range of Apricots
and other Agri Products. Twenty buyers from India,
USA, Bangladesh, Oman, Dubai participated in this
event.
APEDA
launched an eight-day-long Mango Festival in the Kingdom of Bahrain on June 13.
At the show, 34 varieties of mangoes from eastern states, including West
Bengal, Bihar, Jharkhand, and Odisha, were displayed at Bahrain's Al Jazira group supermarket.
The
mango show in Bahrain is part of APEDA’s new initiatives to explore
international markets for Indian mangoes under the ‘Mango Festival 2022’. It’s
the outcome of APEDA’s commitment to provide a global platform for Indian
mangoes that for the time 34 varieties of mangoes from eastern states have been
showcased in Bahrain. On earlier occasions, mango varieties from Southern
states like Alphonso, Kesar, Banganpalli,
etc were showcased in most of the global shows.
In
order to ensure seamless quality certification of products to be exported,
APEDA has recognised 220 labs across India to provide
services of testing to a wide range of products and exporters.
|
India’s Export Comparative Statement: APEDA Products |
|||
|
Product Head |
April-June,2021 |
April-June,2022 |
% Change (April-June,2022) |
|
|
USD Million |
|
|
|
Fruits & Vegetables |
394 |
409 |
3.74 |
|
Cereal preparations & Miscellaneous processed
items |
830 |
1143 |
37.6 |
|
Meat, dairy & poultry products |
1022 |
1120 |
9.5 |
|
Basmati Rice |
922 |
1157 |
25.5 |
|
Non Basmati Rice |
1491 |
1566 |
5 |
|
Miscellaneous products |
1004 |
2013 |
50 |
|
Total |
5663 |
7408 |
30.81 |
Source: DGCIS Principal commodities data
April-June, 2022) (Provisional data)
|
India’s Export Comparative Statement: APEDA Products |
|||
|
Product Head |
April-June,2021 |
April - June (2022) |
% Change (April-June,2022) |
|
|
Unit: USD Million |
|
|
|
Floriculture & seeds |
54 |
58 |
7.61 |
|
Fruits & vegetables |
394 |
409 |
3.74 |
|
Processed fruits &vegetable |
307 |
490 |
59.71 |
|
Livestock products |
1022 |
1120 |
9.50 |
|
Other processed foods |
830 |
1143 |
37.66 |
|
Cereals |
2941 |
4103 |
39.52 |
|
Cashew |
114 |
85 |
-25.42 |
|
Total |
5663 |
7408 |
30.81 |
Source: DGCIS Principal commodities data
April-June, 2022) (Provisional data)