CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Black Cardamom Prices Surge After a Decade, Production Expected to Fall

CEO Tab by CEO Tab
October 28, 2024
in Prime News
0
Price of cardamom increases threefold
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The price of black cardamom in Sankhuwasabha has risen sharply this year, reaching Rs 90,000 per mann (40 kg) after a decade of decline. About ten years ago, the price for the same quantity peaked at Rs 120,000 before plummeting to Rs 25,000.

You might also like

MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

Kumar Shrestha, Chair of the Black Cardamom Entrepreneurs Federation in Sankhuwasabha, attributes the price increase to rising international demand. Last year, prices ranged from Rs 60,000 to Rs 65,000 per mann.

Another contributing factor to the price hike is a decrease in production. Black cardamom is a vital cash crop for farmers in the eastern hilly and mountainous districts, including Sankhuwasabha, with approximately 98% of the produce being exported. India remains the primary market for this commodity.

Currently, cardamom farming occupies 2,871 hectares in the district. Farmers report that many gardens feature aging plants, resulting in lower yields. Last year’s production was 940 metric tons, and a further decline is expected this year.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

by CEO Tab
September 15, 2026
0
MCA-Nepal Completes 18-km Cross-Border Transmission Line to India

The Millennium Challenge Account Nepal (MCA-Nepal) has completed construction of an 18-kilometer section of the cross-border electricity transmission line connecting the 400 kV New Butwal Substation to the...

Read more

NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

by CEO Tab
September 15, 2026
0
NRB Allows Rs 100 Notes to Be Dispensed from ATMs Ahead of Dashain

Nepal Rastra Bank (NRB) has directed banks and financial institutions to make arrangements for dispensing Rs 100 banknotes through ATMs ahead of the upcoming Dashain and Tihar festivals....

Read more

NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

by CEO Tab
September 15, 2026
0
NRB Expands Risk Management Framework to Cover Climate, AI and Cyber Risks

Nepal Rastra Bank (NRB) has expanded its financial-sector risk management framework to cover emerging threats linked to climate change, artificial intelligence (AI), machine learning, cybersecurity and digital technologies....

Read more

Flydubai to Launch Direct Dubai–Pokhara Flights from September 23

by CEO Tab
September 15, 2026
0
Flydubai to Launch Direct Dubai–Pokhara Flights from September 23

UAE government-owned airline Flydubai will begin operating direct flights between Dubai and Pokhara from September 23, marking a significant development in efforts to expand international connectivity at Pokhara...

Read more

India Approves Extended Power Exports to Nepal Amid Flood-Induced Shortage

by CEO Tab
September 15, 2026
0
India Approves Extended Power Exports to Nepal Amid Flood-Induced Shortage

India has approved the export of up to 654 megawatts of electricity to Nepal for 18 hours a day until December 31, according to media reports, as Nepal...

Read more
Next Post
PM Oli Calls for Unity Among NRNs for National Development at NRN Day Celebration

PM Oli Calls for Unity Among NRNs for National Development at NRN Day Celebration

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.