The southern state of Telangana, with nearly 295 thousand metric tons, was the leading producer of turmeric in India during 2018. Maharashtra and Tamil Nadu were second and third in the ranking that year.
The value of turmeric in the Indian economy
Often referred to as the Indian saffron, turmeric is known to possess healing properties. As one of the most multifaceted spices, it holds anti-inflammatory and wound healing qualities. It is due to these reasons that turmeric is in high demand in the domestic and the international market. In 2019, with exports worth more than 194 million U.S. dollars, India was the leading exporter of turmeric worldwide. Turmeric added value of over 58 billion rupees to the Indian economy.
Pricing of turmeric in India
The pricing of turmeric, just like any other agricultural commodities depends considerably on the seasonal patterns and market arrival. Since turmeric is a Kharif crop, its peak arrival season lies between March and April. In the financial year 2020, the price of turmeric in the southern city of Chennai was over 117 rupees per kilogram. Over the past few years, slight fluctuations in the price were seen.
Volume of turmeric produced across India in financial year 2018, by state
(in 1,000 metric tons)
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APEDA. (November 12, 2019). Volume of turmeric produced across India in financial year 2018, by state (in 1,000 metric tons) [Graph]. In Statista. Retrieved November 27, 2021, from https://www.statista.com/statistics/870963/turmeric-production-by-state-india/
APEDA. "Volume of turmeric produced across India in financial year 2018, by state (in 1,000 metric tons)." Chart. November 12, 2019. Statista. Accessed November 27, 2021. https://www.statista.com/statistics/870963/turmeric-production-by-state-india/
APEDA. (2019). Volume of turmeric produced across India in financial year 2018, by state (in 1,000 metric tons). Statista. Statista Inc.. Accessed: November 27, 2021. https://www.statista.com/statistics/870963/turmeric-production-by-state-india/
APEDA. "Volume of Turmeric Produced across India in Financial Year 2018, by State (in 1,000 Metric Tons)." Statista, Statista Inc., 12 Nov 2019, https://www.statista.com/statistics/870963/turmeric-production-by-state-india/
APEDA, Volume of turmeric produced across India in financial year 2018, by state (in 1,000 metric tons) Statista, https://www.statista.com/statistics/870963/turmeric-production-by-state-india/ (last visited November 27, 2021)
