This year export demand of guar gum has increased 42%

As per primary data released by APEDA, export of guar gum has increased in thsi year in comparison to previous year. Last year (2016) there was export  of 2,26,431 MT of gur gum during April to November and This year (2017) there is export of 3,21,570 MT of Guar gum during April to November . There is increase of 42% in terms of volume of guar gum. 

In monetary term last year there was export of 1672 Crore Rupees, this year there is export of 2588 Crore Rupees.  There is in crease of  54.8% increase in value of exported guar gum in Indian rupees. In American Dollar, last year value of exported guar gum was 250 Million USD this year value of  exported guar gum is 401 Million USD. There is  60.8% increase in value of guar exported guar gum in USD.

Significant 42% demand has increased from April to November period . As per market inputs It is also expected that trend will remain in same direction for the rest of period from December to March. 



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