Strained West Asia Relations Disrupt Coimbatore Mango Exports, Prices Plummet
Synopsis
Key Takeaways
Coimbatore, April 11 (NationPress) The escalating unrest in West Asia has critically impacted mango exports from Coimbatore, resulting in traders facing significant financial setbacks during the peak export season.
This disruption is notably evident at the Ukkadam mango market, a key trading point in the region, where export activities have plummeted due to interruptions in international air travel. Typically, exporters dispatch over 60 tonnes of mangoes daily to Gulf nations at the season's onset. Currently, however, these figures have dropped to under five tonnes each day.
The decline in export volume is primarily due to ongoing issues with cargo flights to major destinations like Dubai, Abu Dhabi, and Sharjah, which has severely hindered the transport of perishable items.
This slump in exports has led to a dramatic decrease in mango prices across various types. For instance, Alphonso mangoes, previously priced at approximately Rs 300 per kg, are now available for around Rs 150. The cost of Banganapalli mangoes has also fallen sharply from Rs 120-Rs 150 per kg to Rs 50–Rs 70, while Senthuram (Sindhura) mangoes have dropped from Rs 150–Rs 170 to Rs 60–Rs 80.
The Imam Pasand variety is not spared either, with prices falling from Rs 200–Rs 240 per kg to Rs 100–Rs 130. Meanwhile, Totapuri mangoes, commonly used in processing, have seen a drastic reduction in price to Rs 15–Rs 25 per kg.
As export avenues remain blocked, a surplus of unsold mangoes has inundated the domestic market, causing a supply glut that further suppresses prices. The perishable nature of mangoes exacerbates this issue, with transportation delays often resulting in spoilage and financial losses.
The current situation has been aggravated by a late onset of the mango season this year, which reduces the timeframe available for profitable sales. This season typically lasts from March to July, characterized by robust export demand, particularly in anticipation of Ramzan, when Gulf markets import significant quantities.
However, this year has seen subdued demand due to logistic challenges. There has been some temporary relief in the local market spurred by festive demand during Chithirai Kani, Tamil New Year, and Vishu, with approximately 150 tonnes sold in recent days.
Despite this uptick, traders continue to endure significant losses, as local sales fail to offset the drastic decline in export income.