Dehydrated Garlic Price Trend and Forecast

Dehydrated Garlic Regional Price Overview

Get the latest insights on price movement and trend analysis of Dehydrated Garlic in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Dehydrated Garlic Price Trend for the Q2 of 2024

Production of dehydrated garlic involves additional steps of dehydrating and preserving garlic; therefore, often times it is costlier than fresh garlic. However, their market trends still closely align with each other. During the said period of Q2’24, the prices for dehydrated garlic were observed to be surging continuously, following the bullish trend in garlic markets.
 

Dehydrated Garlic Price Chart

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In India, garlic is a staple ingredient in household kitchens, and during the summer season, fresh garlic prices skyrocket. With the summer temperatures breaking all previous records, the stored supplies started depleting for garlic. Therefore, many people shifted to dehydrated garlic options. With this increase in downstream demands and elevation in feedstock costs, the dehydrated garlic prices were also found to wave high during the said period.

Analyst Insight

According to Procurement Resource, immediate relief is not expected in the Dehydrated Garlic markets. The market projections look positive going forward as well.
 

Dehydrated Garlic Price Trend for the Q1 of 2024

Dehydrated garlic is manufactured by dehydrating normal/fresh garlic; thereby, the price trends show a close alliance between this product and its feedstock. The Indian market saw an acute supply deficit for garlic since the beginning of the year 2024. Thus, the consumption of dehydrated garlic also surged in the wake of rising fresh garlic prices. The prices continued the inclined trail of the past year, coming into the new year 2024 as well.

Delayed monsoon and disrupted rainfall season last year severely impacted the garlic crop yield. Because of this, the market witnessed a supply shortage at the beginning of the year. As time progressed, the arrival of the new rabi crop brought some stability to the dehydrated garlic prices in the latter half of the quarter by bringing down the production costs; however, the Indian market is seeing a surge in export volumes, which is also disturbing the supply and demand dynamics for the country’s dehydrated garlic market. Overall, an elevated price graph was observed for most of the period.

Analyst Insight

According to Procurement Resource, current market analysis suggests a further spike in dehydrated garlic prices in the Indian markets; a supply crunch is anticipated in the near future.

Procurement Resource provides latest prices of Dehydrated Garlic. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.