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Edible Oils Market Trends: 2022

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Edible oils  are gaining much traction in the food industry for their functional properties. These oils solve a problem that has plagued humanity since its beginning. With that said, edible oils will become more popular over the next decade, and the market size is expected to reach USD 5.76 Billion at a CAGR of 5.6% during the forecast period.   Market Overview The global cooking oil market is projected to increase at a CAGR of 5.6% during the forecast period (2022-2027). This can be attributed to a number of factors, including the pandemic COVID-19, which led to complete shutdowns throughout Western Europe and the United Kingdom. As a result, restaurants, hotels, and roadside food vendors experienced reduced sales volumes for cooking oil; however, this did not affect the online channel’s sales of the product due to its essential nature.   The global cooking oil market is growing at a rapid pace, with demand fueled by the demand for organic health products, as well as increased consump

Wheat Flour Export Restriction Imposed (India & International)

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India has put some restrictions on export of wheat flour after imposing blanket ban over wheat exports recently. These restrictions will come into force from July 12 th  2022. India’s restrictive measures have not gone down well with global community but really speaking India is not the only country restricting food exports including wheat and  wheat flour exports . Extra focus on India’s wheat ban has completely diverted attention from ban of food exports by other countries. Algeria has banned export of wheat derivatives; Egypt is another nation to ban wheat and wheat flour exports. Russia has not only banned wheat and meslin export from its shores but also put an embargo on export of wheat from Ukraine. Serbia is very much part of this bandwagon. Russia-Ukraine War Triggering Food Export Ban Including Wheat Export Ban By Many Countries Russia and Ukraine contribute 30% to global wheat pool and after commencement of war between them supply of wheat from their shores got completely blo

Jump in Indian Rice Prices

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The prices of Indian rice have jumped by at least 10% in the last five days in both domestic and international markets. This high jump in rice prices can be seen after Bangladesh slashed its import duty and tariff on rice from 6.25 percent to 25% prompting Indian traders to make a sprint for export deals with the bordering countries. The Indian government has been trying to bring down the prices of rice.   Bangladesh has given permission to import  non-basmati rice  until October 31. This is the first time Bangladesh has started importing rice from India so early, as there is a fear that India might put a ban on rice exports. Generally, Bangladesh starts importing rice in September-October. There is a shortage of staples in Bangladesh as the Russia-Ukraine war and India’s ban on wheat exports have caused the drop in wheat imports, while floods have harmed rice.   BV Krishna Rao, The president of the rice exporters association of India said that the price of Indian non-basmati rice has

Rise In Demand For Indian Agri Products In The Middle East

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The demand for  Indian Agri products  is rising in the Middle East. With a population of about 340 million, Saudi Arabia’s farming sector is relatively small, but the country is restructuring its agricultural business to meet its growing food needs. Demand for Indian Agri products such as turmeric, tea, and coffee is also on the rise.   India’s Growing Trade with the Middle East India has always been an essential player in the global market, and its Agri products have been in demand for centuries. In recent years, however, the country’s trade with the Middle East has grown exponentially.   The demand for Indian Agri products in the Middle East is driven by a number of factors. Firstly, the region’s population is growing at a rapid pace, and with it, the demand for food. Secondly, many countries in the Middle East are undergoing economic reforms, which are opening up new markets for Indian exports. Finally, India’s strong relations with Gulf countries are also helping to boost trade.  

Increasing Demand For Indian Basmati Rice Globally

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The global demand for Indian Basmati rice has increased tremendously in recent years. There are many reasons why this is the case, with one of the most important beings that it is one of the healthiest types of rice available in today's markets. It has more antioxidants than any other type of rice and is also a great source of vitamins such as vitamin E and B1. This blog article contains some interesting facts about how high-quality Basmati rice has managed to make its way into homes all over the world. Basmati Rice Production Basmati Rice is a variety of long-grain rice that is traditionally grown in the Indian subcontinent. It is aromatic and has a nutty flavor. Basmati rice is often used in Indian and Pakistani cuisine and is becoming increasingly popular globally. The increased demand for basmati rice has led to an expansion in production. Basmati rice is now grown in many countries, including India, Pakistan, Nepal, China, and the United States. In order to meet the growing

5 Types Of Spices Exported From India To Yemen

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Yemen is home to the world’s largest spice market. Over 500,000 metric tons of  Indian spices  are imported every year from India. India is a major exporter of spices in the world, and it has been exporting its spices to Yemen for many decades ago. There is a growing demand in Middle East countries such as Saudi Arabia and United Arab Emirates (UAE) for Indian spices. Here are five types of spices exported from India to Yemen:   India is the largest  exporter of spices  to Yemen. Spices are a major export commodity and constitute 10% of India’s total exports.   Spices are among the top five commodities exported from India to Yemen. The spices exported include pepper, ginger, turmeric, cardamom, and black pepper.   India is the third-largest supplier of spices in Yemen after Saudi Arabia and Iran. Saudi Arabia is the largest supplier of  Bulk spices  to Yemen and accounts for more than 95% of its spice imports.   The total value of spices exported by India is about $2 billion per annum

Indian Pulses: How to Export Pulses from India?

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India is a wonderful country to visit, full of history and culture. But did you know you can export your pulses from India too? Cereals are crops that are grown all around the world – almost every country grows a  type of pulses  in their region. It is one of the most popular foods in India, but if you’ve never been there or shipped it before, it might be difficult to know what you’re starting with. Have no fear though as I’m going to explain how you can get started using Indian pulses and legumes which can be sold around the world. If you’ve been considering exporting your own produce for some time now but haven’t gotten started yet, then this guide is for you! Documents Required To Export Pulses From India: Documents related to goods (invoices) Shipment-related documents (companion receipt) Payment-related documents (Letter of Credit (L / C)) Documents related to the quality of goods (phytosanitary certificate) Organic Certification (Certificate showing material production is based o