India Region

India’s Lemon Prices Skyrocket as Production Shortfall Sparks Supply Shortage

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05 April 2024, New Delhi: India’s lemon market is witnessing a staggering surge in prices as the country grapples with rising temperatures and a significant production shortfall, particularly in Karnataka, a key lemon-producing state. The cost of half a dozen lemons has escalated from Rs 20 to Rs 40, reflecting the severity of the situation. The sharp price increase can be attributed to a nearly 40 percent reduction in lemon yields in Karnataka, leading to a widespread shortage in the market.

Previously, large-sized lemons were priced at Rs 2,000 per 100 kgs in the wholesale market. However, within a short span of a month, the price has skyrocketed to over Rs 7,000, representing an alarming 350 percent price hike. Lemon cultivation, primarily in Andhra Pradesh, Karnataka, and Telangana, has been severely impacted by erratic rainfall and drought conditions, resulting in a significant decrease in yields. This unfavorable situation has caused a supply-demand imbalance, with traders cautioning about the potential for further price escalations.

As the production shortfall continues to affect the lemon market, consumers and traders alike are grappling with the repercussions of reduced supply and surging prices. The shortage of lemons highlights the vulnerability of agricultural sectors to climate-related challenges, emphasizing the need for sustainable farming practices and resilience in the face of changing environmental conditions.

Also Read: Drumstick Cultivation, an Example From Gujarat, Turning a Poor Farmer Into a Millionaire

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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