India’s Banana Boom Faces Price Jitters Amid Export Surge — Sriglobal at the Forefront 🍌
India’s Banana Boom Faces Price Jitters Amid Export Surge — Sriglobal at the Forefront 🍌📈 India’s banana industry is riding a wave of global demand, but recent price fluctuations have stirred concern among farmers and exporters. As the world’s largest producer of bananas, India contributes over 25% of global output , with states like Maharashtra, Gujarat, Tamil Nadu, and Andhra Pradesh leading the charge. Yet, while exports continue to thrive, domestic prices have shown dramatic swings. 📊 Price Volatility in Maharashtra In Maharashtra, one of India’s key banana-producing states, prices have ranged wildly: Average price : ₹806 per quintal Lowest price : ₹200 per quintal (Akluj market) Highest price : ₹6,000 per quintal (Moshi market) Such disparities reflect both regional supply-demand imbalances and logistical challenges. While export prices have remained relatively stable globally, domestic markets are feeling the pinch of uneven distribution and rising input costs. 🌍 Expo...