Srinagar, Dec 06 (KNO): Apple growers in Jammu and Kashmir are once again grappling with losses as apple prices plummet in Indian markets.
Speaking to news agency—Kashmir News Observer (KNO), growers from various regions expressed concern over reduced production this year due to hailstorm damage, which compounded their financial woes. While initial demand for apples was strong, a subsequent sharp decline in prices worsened their situation.
“During the festival season, prices surged, providing some respite, but they have fallen again in recent weeks, leaving us facing losses,” lamented the growers.
Basit Ahmad Bhat, a grower from Shopian, explained that demand was robust at the start of the season but later dwindled, leading to a market downturn of about 30%.
“For a brief period, prices rose again, but now they are falling with each passing day,” he said, attributing the downturn to the bulk import of apples from countries like Iran and Afghanistan.
“Growers are struggling as the costs of labor, transportation, and packaging materials have skyrocketed, while apple prices have dropped. Many are unable to even recover their expenses,” Bhat added.
Growers also pointed out that despite the increasing area under horticulture and rising production, the local market remains weak.
“The cost of fertilizers, pesticides, labor, and transportation has surged, but the returns are minimal,” they said.
Basheer Ahmad Basheer, president of the Kashmir Valley Fruit Growers and Dealers Union, described the situation as dire.
“The market has shrunk by nearly 40% compared to the rates at the beginning of the season, leaving growers anxious about their future,” he told KNO.
Basheer cited the bulk import of apples from Iran and Afghanistan as a major reason for the decline in demand for Kashmiri apples. Additionally, the ongoing cold wave across India has further impacted the market.
He noted that approximately 20% of the apple produce is yet to reach the market, excluding the stocks kept in cold storage units.
The apple growers have urged authorities to regulate imports and address their concerns to prevent further losses in the future—(KNO)