The global garlic market finds itself at a pivotal juncture this week. Despite consistent arrivals of both high and medium-quality garlic across India’s Saurashtra region and continued steady inflow from key suppliers such as Madhya Pradesh and Rajasthan, recent days have been marked by a notable absence of major buyers. This has led to moderate trade volumes, even though the underlying selling conditions remain favorable. Current pricing remains stable, buoyed by a combination of sufficient stock and steady farmer deliveries, but the lack of significant trading activity is keeping the market in a holding pattern.
Market participants remain optimistic about a resurgence in trade as large-scale buyers prepare to return, likely bolstering demand and transactional volumes. In the broader international context, both Indian and Egyptian garlic presents steady FOB prices, with little week-to-week fluctuation, reflecting an overall balance in global supply and demand. Weather conditions in key growing areas remain favorable, supporting expectations of consistent yields for the near term. In this environment, strategic buyers may find an opportunity to secure supply at current price levels before renewed demand exerts upward pressure.
powder FOB 6.60 €/kg (from IN) fresh FOB 0.99 €/kg (from EG)Exclusive Offers on CMBroker
Garlic
Garlic
📈 Garlic Prices at Key Markets
| Market | Quality | Arrival (kg) | Price Range (per 100 kg) (USD) | Weekly Change | Sentiment |
|---|---|---|---|---|---|
| Rajkot | High | 4,000 | $39.88 – $40.02 | Stable | Steady |
| Rajkot | Medium | 4,000 | $36.00 – $36.12 | Stable | Inactive |
| Rajkot | Lower grades | 4,000 | $60.00 – $61.00 | Stable | Quality-dependent |
| Gondal | Aggregate | 10,000 | $42.18 | Stable | Firm |
| Jamnagar | Aggregate | 500 | $44.24 – $44.28 | Stable | Firm |
| Madhya Pradesh | Various | N/A | $36.00 – $60.00 | Stable | Firm |
| Exchange | Product | Country | City | FOB Price (EUR/kg) | Weekly Change | Sentiment |
|---|---|---|---|---|---|---|
| CMBroker | Garlic powder (organic) | IN | New Delhi | €6.60 | Unchanged | Stable |
| CMBroker | Garlic fresh | EG | Cairo | €0.99 | Unchanged | Stable |
🌍 Supply & Demand Drivers
- Arrivals: Steady inflows in Saurashtra, Madhya Pradesh, and Rajasthan are maintaining adequate supply levels.
- Demand: Transaction volumes remain moderate due to limited presence of major buyers. However, anticipations are high for a demand rebound in the coming weeks.
- Global trade: Stable FOB prices for Indian powder and Egyptian fresh garlic indicate equilibrium in international trading.
- Quality spread: Large price spreads reflect significant differentiation by grade; high-quality garlic holds premium.
📊 Fundamental Market Factors
- Inventories: Comfortable inventory positions in key Indian markets.
- Crop health: Weather conditions have been broadly favorable, supporting ongoing supply stability.
- Speculation: Low due to inactivity of bulk buyers, but upside potential exists with renewed demand.
🌦️ Regional Weather Outlook
- Saurashtra & Madhya Pradesh: Recent meteorological data indicate normal monsoon progress with no significant adverse events. Soil moisture levels are adequate, and temperatures are conducive to steady crop growth.
- Egypt: Garlic-growing areas continue to enjoy seasonally warm and dry weather, optimizing harvest and post-harvest management.
- Impacts: Weather neutrality reduces the risk of sudden price spikes due to supply shocks in the short term.
🌐 Global Production & Stock Comparison
| Country | 2023 Production (est., 1,000 MT) | 2023 Stocks (est., 1,000 MT) |
|---|---|---|
| China | 22,300 | 5,750 |
| India | 1,700 | 360 |
| Egypt | 650 | 100 |
| Bangladesh | 540 | 80 |
| Turkey | 300 | 60 |
📝 Trading Outlook & Recommendations
- Monitor the return of bulk buyers—the anticipated demand resurgence could lift prices from current stable levels.
- Current price stability offers buying opportunities for both processors and exporters ahead of potential upward moves.
- Focus on quality differentiation; high-quality grades may continue to earn significant premiums.
- Maintain vigilance regarding changing weather prospects, particularly as monsoon activity continues in India.
- Medium-term outlook remains firm with low inventory pressure and solid export demand projections.
📆 3-Day Regional Garlic Price Forecast
| Market | Current Price (per 100 kg, USD) | Forecast Range (USD) |
|---|---|---|
| Rajkot (High) | $39.95 | $39.80 – $40.10 |
| Gondal | $42.18 | $42.00 – $42.40 |
| Jamnagar | $44.26 | $44.10 – $44.50 |
| Egypt (FOB, EUR/kg) | €0.99 | €0.98 – €1.01 |
