Rose markets hit by rising freight charges and unseasonal rains

The epidemic has increased the way we live and love it, but roses remain a much-needed symbol on Valentine’s Day. Although demand and exports have increased compared to the past two years, rising shipping costs, unusual rains, and a shortage of new varieties bring a new dimension to this exciting picture. the price of international goods.

Production of roses and other flowers was low as more than 30% of farmers left work after COVID-19. This, along with the regular rains of August-September-October, caused severe stock shortages in the market and after that, prices for all types of flowers increased by about 200% to 300%, compared to pre-epidemic levels.

Typically, roses are sold at local markets ₹ 5 per stem in the months of September-October. At the same time in 2021 prices have risen to ₹ 15 and ₹ 18 degrees, before rising to ₹ 25 in December. Prices remain high in the range of -15 12-15 as the demand for goods and goods only grows, industrial observers.

Dependence on old varieties

Royalty problems are yet to be resolved because no new varieties are being produced. T. M. Aravind from the South India Floriculture Association said it costs about R85 lakh to R90 lakh to produce a new variety of roses per hectare, which includes ub 100 ounces per plant. “Farmers wanted the issue of royalty resolved. Therefore, many farmers still rely on old varieties such as the Taj Mahal, ”he said, adding that the government should distribute and distribute new varieties.

The South India Floriculture Association (SIFA) said there was a need for Taj Mahal (varieties of red roses) and Revival (varieties of bright pink roses) in the international market. Every day, 5 to 6 lakh degrees are sold at International Flower Auction Bangalore (IFAB). This has been the norm for the past week or so. Roses from here are exported to Japan, Malaysia, Singapore, Australia, New Zealand, and the countries of the Middle East and Europe, says M. Vishwanath, executive director, IFAB. However, market experts say that regular shipments to Australia and a few parts of Europe will not happen this season.

Restrictions on departure flights

However, the air bubble is too limited for outgoing flights. Also, property costs are always unfairly high, ”notes Yeshosha Karuturi, founder of Hoovu Fresh, a Yelahanka company that sells more than 50 species of flowers, including roses and lotus.

Mr. Aravind said commodity prices had risen by about 40%. He said this made it impossible for farmers to export their produce. SIFA is now planning to distribute a memorandum to both Central and Provincial Governments seeking the support of expatriates. “We will do that at the end of the Valentine’s Day season,” he added.

The demand for roses in the domestic market is growing

Rising prices for rose stems, especially among the sought-after varieties, do not seem to be an obstacle for consumers in the domestic market. Demand is growing in the domestic market due to the season of weddings and festivals, and many roses planted in and around Bengaluru are found in Delhi, Kolkata, Hyderabad, outside of Tamil Nadu and neighboring Kerala.

“Prices in the local market are good, so there is no need to export. The domestic market itself is facing a severe shortage of goods, ”said Yeshoda Karuturi.

Rhea Karuturi, another founder of Hoovu Fresh said her company ordered half a million roses from various Bengaluru growers. “But we can’t get all this because of the shortage in the market. E-com sites that add flowers to their bouquets have created a lot of depth in the flower industry, ”he said.