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India’s onion production likely to decline by 4% in 2012-13

20 Mar 2013 Evaluate

India’s onion production is expected to decline by four percent to 168.17 lakh tonnes (LT) in 2012-13. However, production in Karnataka and Madhya Pradesh are likely to be higher this year. The onion output in Maharashtra, the largest producing state, is estimated to decline to 45.46 lakh tonnes in 2012-13 from 56.38 lakh tonnes in the previous year.

As per the estimates, the production of onion during 2012-13 is 168.17 lakh tonnes as against 175.11 lakh tonnes last year. The average wholesale price of onion in major markets ranges from Rs 936 to Rs 1,747 per quintal. The prices of onion are governed by market forces of demand and supply and depend on a host of factors which influence production and arrivals in the market.

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