What are the factors that determine the green cardamom price in Kerala?
The green cardamom price per Kg is determined by several factors.
One of the most important factors is the supply and demand in the market. If the supply of green cardamom is low and the demand is high, the price will increase. Conversely, if the supply is high and the demand is low, the price will decrease.
Another factor that affects the price of green cardamom is the quality of the product. High-quality fresh cardamom with a strong aroma will command a higher price than lower-quality cardamom.
The origin of the green cardamom also plays a role in its price. Cardamom that is grown in certain regions, such as Guatemala or India, is often considered to be of higher quality and therefore has a higher price.
Finally, external factors such as weather conditions and government policies can also impact the price of green cardamom. Adverse weather conditions can affect crop yield and lead to a decrease in the supply, which will drive up the price. Government policies such as taxes and tariffs can also affect the price of green cardamom by increasing the cost of importing or exporting the product.