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HinduBusinessLine

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Rebounding prices offer growers hope as inclement climate wreaks havoc on cardamom 

  • Abundant rains at the beginning of the year gave way to prolonged drought, leading to dwindling productivity across cardamom growing tracts.
  • Small and marginal farmers without irrigation suffered the most, affecting the overall production and supply of good quality cardamom.
  • Drought and fungal disease outbreak resulted in a 30-40% productivity loss, with total cardamom volumes expected to be 15,000 to 18,000 tonnes in 2024 compared to 25,000 tonnes in 2023.
  • Prices of cardamom have risen significantly from ₹1,650 in January to ₹2,950 per kg in December due to the slump in output, and are expected to reach ₹3,500-3,800 by April 2025.

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