Indias export value of grapes to EU registers 23% growth in three years
The Dollar Business Bureau | @TheDollarBiz The Unit Value Realisation (UVR) of export of fresh grapes from India to European Union (EU) has increased by around 23% during the last three years. India’s Commerce Minister Nirmala Sitharaman informed the Parliament last week that the UVR of grape exports to the EU market has grown from $1.62 per kilogram in FY2011-12 to $1.78 per kilogram in FY2012-13, and to $1.99 per kilogram in FY2013-14. Grape exports to EU in quantitative terms have increased to around 72,307 tonnes in FY2013-14, up sharply from around 28,945 tonnes in FY2011-12. This has partly to do with the changes in EU, where grape production is on the decline due to unfavourable weather conditions, shrinking margins and policy changes. According ...
