In the bustling spice markets of Kerala, particularly in Kochi, black pepper has experienced a recent slumber despite being a staple in the world of groceries. The drowsiness might be ending as Pepper’s availability begins to wane. Let’s take you through the spicy story of Kalimirch.
As of the latest reports, Kerala enjoys clear weather. However, it’s worth noting that the current season has witnessed a 45% reduction in rainfall despite some recent showers. Festivals like Onam and events like the G20 summit have kept black pepper dormant in Kochi. But now, it seems the drowsiness might lift, although earlier sluggish sales have left their mark.
The new crop of black pepper has been making its way to the markets for the past eight to nine months, and yet, it trickles into the major markets, including Kochi, in small quantities. Interestingly, there have been fewer market dealings, as buyers prefer direct transactions with farmers.
Unfavorable weather conditions have constrained the supply of pepper from central-producing states like Karnataka and Kerala, leading to expectations of reduced pressure for the arrival of new crops in significant markets. Rumors are circulating that this season may witness a 20% drop in Kerala’s black pepper production.
Despite the monsoon season, there’s been a subtle import of black pepper, notably from Vietnam and Sri Lanka. Imports from Sri Lanka, in particular, come with relatively higher prices. The government’s strict measures regarding imported black pepper had earlier led to price surges as concerns grew about domestic market supply disruptions.
Last monsoon season, Kerala received above-average rainfall, but due to lackluster sales by farmers, market sentiment has been affected. Direct sales from rural Kerala to consumer markets have become a trend, as prominent companies purchase pepper directly from farmers.
The slumber of black pepper might be on the verge of a wake-up call in the upcoming days.
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