Chickpea production in India dropped from 9.53 MMT in 2013-14 to 7.48 MMT in 2015-16 however traders put the production estimate at around 6 MMT for 2015-16. In Australia, one of the largest exporter, production dropped by 31% and in the US by 21% in 2014-15. With global supplies shrinking and Indian demand rising, the global chickpea prices have shot up to Rs. 7,000 in June 2016.
Information source: www.skymetweather.com
