What is the price of ginseng roots per kilogram/pound in India today?
The retail price range for India ginseng roots is between US$ 4.61 and US$ 6.44 per kilogram or between US$ 2.09 and US$ 2.92 per pound(lb). Click here to see today's exact prices of ginseng roots in India
The retail price range in Indian Rupee for ginseng roots is between INR 382.07 and INR 533.46 per kilogram or between INR 173.28 and INR 241.93 per pound(lb) in New Delhi and Mumbai.
Wholesale prices
In 2024, the approximate wholesale price range for India ginseng roots is between US$ 3.23 and US$ 4.51 per kilogram or between US$ 1.46 and US$ 2.04 per pound(lb).
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India Ginseng Roots Export Prices - Historical, Trends and Prediction
The export price per kilogram of Ginseng roots from India has seen a steady increase over the last five years. In 2016, the price was 6.83 US dollars per kg, followed by a decrease to 3.29 US dollars per kg in 2017. In 2018, the price dropped further to 2.43 US dollars per kg, and then to 2.33 US dollars per kg in 2019. In 2020, the price rose to 3.24 US dollars per kg, and then to 6.03 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Ginseng roots from India will be 6.90 US dollars per kg in 2023 and 7.97 US dollars per kg in 2024.India Ginseng Roots Import Prices - Historical, Trends and Prediction
The import price of Ginseng roots into India over the last five years has been quite volatile. In 2016, the price was at its highest at $6.83 per kg, before dropping to $3.29 in 2017. The price then decreased further to $2.43 in 2018 and $2.33 in 2019. In 2020, the price rose to $3.24 per kg, before increasing again to $6.03 in 2021. Looking ahead, it is likely that the import price of Ginseng roots into India will remain volatile in the coming years. Based on the data, it is predicted that the price will be $3.24 per kg in 2023 and $6.03 per kg in 2024.Export values for India ginseng roots
The total values in export for ginseng roots in India were US$ 41, US$ 23, US$ 17 and US$ 7 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Tubers category in India: Seed Potatoes, Potatoes, Cassava, Sweet Potatoes, Yams, Taro (Arrowroot), Licorice roots, Chicory roots & Cocoyam.
See prices of ginseng roots in other countries across Asia: Kazakhstan ginseng roots, Kyrgyzstan ginseng roots, Tajikistan ginseng roots, Turkmenistan ginseng roots, Uzbekistan ginseng roots, China ginseng roots, Hong Kong ginseng roots, Macao ginseng roots, North Korea ginseng roots & Mongolia ginseng roots.
India ginseng roots - Production, Exports, Imports, Seasons and HS Codes
In 2019 India sold 3 tonnes of ginseng roots. Across 2019 alone, the market for India ginseng roots (tubers category) has shrunk, recording a change of -57.143 % compared to the year 2018. Between 2017 and 2019, ginseng roots' exports decreased by -57.14 pc netting the country US$0.01m for the year 2019. India's ginseng roots exports are classified as:
- Ginseng roots, fresh or dried, whether or not cut, crushed or powdered (HS code 121120)
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India ginseng roots export values
In 2019, India sold ginseng roots valued at 0.01m USD, a contraction of -41.18% from 2018's total ginseng roots export of 0.017m USD. The yearly change in value of India ginseng roots between 2017 to 2018 was -26.087 percent.
The per year variation in the volume of India's ginseng roots exports between 2017 and 2019 was -57.14 pc compared to a variation of -57.143% in the period between 2018 and 2019.
Export markets for India ginseng roots ( in '000$ )
India purchased 3 tonnes of ginseng roots in 2019.