The global garlic market is navigating a period of rare stability in early June, holding firm despite notable increases in supply across India’s major production hubs. Recent weeks have seen a surge in arrivals at key mandis such as Rajkot, Jamnagar, and Madhya Pradesh, yet prices have displayed remarkable resilience. This steady trend can be attributed to a synchronized improvement in weather conditions and a consistent flow of high-quality garlic. Traders cite that expanded supplies have not triggered significant downward price pressure, thanks to balanced demand from both wholesale buyers and local consumption.
In Rajkot, garlic is trading in the $39–$40 per 20 kg range, with top-grade lots fetching up to $45—a pattern mirrored by Jamnagar and Madhya Pradesh rates. Meanwhile, Egyptian and Indian exports remain attractively priced in global markets, appealing to European and Middle Eastern buyers. Expert consensus projects the current demand-supply equilibrium will persist, though subtle fluctuations may arise in response to festival demand surges or regional consumption spikes. All signs point to continued stability in the garlic market, underpinned by robust arrivals, strong quality, and favorable weather. Click below to check the latest garlic offers directly.
Exclusive Offers on CMBroker
Garlic
powder
FOB 6.63 €/kg
(from IN)
Garlic
fresh
FOB 1.00 €/kg
(from EG)
📈 Prices
| Exchange/Market | Product Type | Location | Closing Price (per 20 kg/ton) | Weekly Change | Sentiment |
|---|---|---|---|---|---|
| Rajkot Mandi | Fresh | Rajkot, IN | $39–$40 | Steady | Neutral |
| Jamnagar Mandi | Fresh | Jamnagar, IN | $47–$49 | Steady | Neutral |
| Madhya Pradesh Mandis | Fresh | Madhya Pradesh, IN | $37–$40 | Steady | Neutral |
| Gondal Mandi | Fresh | Gondal, IN | $38 | Steady | Neutral |
| FOB New Delhi | Garlic Powder, Organic | IN | €6.63/kg | 0% | Stable |
| FOB Cairo | Garlic Fresh | EG | €1/kg | 0% | Stable |
🌍 Supply & Demand Drivers
- Arrivals Rebound: Over 50 truckloads daily in Madhya Pradesh, 2,200 bags in Gondal—significantly boosting immediate supplies.
- Steady Demand: Local consumption remains firm due to ongoing festival season and foodservice demand.
- Improved Quality: Weather-driven improvement in crop quality keeps buying interest high for both domestic and export markets.
- Exports: Competitive Indian garlic prices contribute to sustained export interest, especially in Middle East and Europe.
- Stable Imported Price Offers: No significant price movement in FOB offers from India or Egypt, underlining market calm.
📊 Market Fundamentals
- Total Arrivals: Upward trend in all major Indian mandis.
- Speculative Buying: Minimal, as sentiment stays neutral and buyers see little impetus for short-term upward movement.
- Stocks: Ample across major wholesale centers; limited old crop holding observed.
- Last Garlic Market Report: Market stability continues as highlighted in previous updates; improved weather and increased arrivals remain the narrative.
⛅ Weather Outlook for Key Regions
- India (Madhya Pradesh, Gujarat, Rajasthan): Weather maps indicate dry, favorable harvest weather with minor chances of precipitation—positive for crop quality and logistics over the next week.
- Egypt: Hot, sunny spells continue, supporting harvest and drying operations. No adverse events expected in the next 3 days.
Impact: Sustained good weather will further enhance supply reliability and cushioning against price spikes.
🌐 Global Production & Stock Comparison
| Country | 2023/24 Output Estimate (kt) | Role | Stock/Inventory (Y/Y) |
|---|---|---|---|
| China | ~21,000 | Export, Domestic | Stable |
| India | 2,900 | Domestic, Export | Ample (Rising) |
| Egypt | 650 | Export | Stable |
| Spain | 320 | Export | Stable |
📆 Trading Outlook & Recommendations
- Short-term price trend: Stable with bias toward minor fluctuations during festival periods.
- Buyers should capitalize on current prices for forward contracts as supply is ample and upward risk limited.
- Exporters encouraged to maintain commitments as international offers remain flat and competitive.
- Speculative activity low—little incentive for aggressive positions until weather or local demand disrupts current balance.
- Monitor: Any abrupt change in weather or unexpected festival demand spikes.
🔮 3-Day Regional Price Forecast (Key Exchanges)
| Region/Exchange | 6 Jun | 7 Jun | 8 Jun |
|---|---|---|---|
| Rajkot Mandi | $39–$40 | $39–$40 | $39–$41 |
| Jamnagar Mandi | $47–$49 | $47–$49 | $47–$49 |
| Madhya Pradesh Mandis | $37–$40 | $37–$40 | $38–$40 |
| FOB New Delhi (Powder) | €6.60–€6.65 | €6.60–€6.65 | €6.60–€6.70 |
| FOB Cairo (Fresh) | €1.00 | €1.00 | €1.00–€1.05 |
