Improved export performance is expected to keep cardamom prices strong

21-Feb-2026 12:43 PM

Mumbai. Green cardamom prices are generally expected to remain high and firm during the current marketing season, and despite some improvement in production, its export performance is expected to be strong. A sharp decline of approximately 45-50 percent in cardamom production in Guatemala, the leading producer and exporter, will limit exportable stocks, providing India with a significant opportunity to increase its cardamom exports. Importers are expected to be particularly interested in cardamom with a high oil content and 7-8 mm grain size.

According to trade analysts, the global cardamom export market is expected to remain vibrant for the next few months. Demand for Ramadan is peaking in Muslim-majority countries. The month of Ramadan has already begun. The average price of cardamom in the major producing areas of Idukki remains high at ₹2450 per kg.

The harvesting season for the new cardamom crop is gradually reaching its final stages. However, some harvesting may occur by March/April. Domestic cardamom production is expected to increase to between 32,000 and 35,000 tons during the current marketing season (August-July) of 2025-26, thanks to favorable weather and good care by growers. Improved production has led to a good stock of cardamom in India.

Domestic demand for cardamom has begun to emerge for Holi and Ramadan, so prices are expected to remain firm in the near future. Exporters are seeking good quality goods in the producing markets, while growers are showing little haste in selling their stocks.