Indian fruit, veggie exporters a worried lot

Indian exporters of fruits and vegetables are facing significant challenges during the peak demand season of Ramzan and Easter, traditionally a time of increased sales to markets in West Asia and Europe. Key concerns include soaring freight costs, extended shipping durations, and disruptions affecting transshipment hubs. Pune-based exporter Danesh Shah highlighted that his shipments of onions are now subject to freight rates that have increased by 30-40%, with sailing times extended from the usual 20-25 days to 40-45 days. Other exporters, like Kushal Thakkar from Kay Bee Exports, have limited spot purchases and find air freight options either too expensive or unavailable. The heightened shipping costs stem from the closure of major airports in West Asia, which previously facilitated nearly half of cargo traffic to Europe. Additionally, the Indian Rice Exporters’ Federation has noted a significant rise in shipping costs, urging members to reroute shipments or adjust pricing strategies. Despite some European buyers showing willingness to pay a premium, the overall uncertainty in the market raises concerns for the future of Indian exporters, who are grappling with logistical challenges and potential wastage of goods.