Average Export Price

Average Export Price


Calculation of Average Export Price:

Total quantity of rice exported and its value realized in rupees have been taken separately for basmati and non-basmati rice and then the value of export divided by the quantity of rice exported to arrive at the average export price of rice per quintal year wise for basmati & non-basmati.
We give below a year wise representation of average export price of basmati rice and non-basmati rice in India :
 

Year wise Export of Total Rice from India :

Years Basmati Rice
Rs. Per Quintal
Non-basmati Rice
Rs. Per Quintal
1992-1993 2,465.00 684.00
1993-1994 2,103.00 399.00
1994-1995 1,957.00 759.00
1995-1996 2,279.00 819.00
1996-1997 2,385.00 968.00
1997-1998 2,841.00 939.00
1998-1999 3,140.00 1,009.00
1999-2000 2,789.00 1,070.00
2000-2001 2,543.00 1,139.00
2001-2002 2,762.00 864.00

It is seen from the above table that export price of basmati and non- basmati rice has fluctuated significantly year after year. The reason for fluctuation in average export price of rice is attributed to different quantity and quality of rice exported to different countries during different years. A particular country may import a particular quality/grade of rice in one year and the same country may import another quality/grade of rice during next or subsequent years. Thus, different quality and quantity of rice exported to different countries at different export price rate may probably be the reason for fluctuation of average export price of rice in India.

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