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Psyllium Seed – 2021 Crop Report

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Based on information collected in the field, we believe that this year’s Psyllium crop is around 40-50% more than that of last year. However overall Psyllium Seed availability is going to be only around 20-25% more than last year. Please read on further for details.

  • Rajasthan is the leading producer of Psyllium Seed in India and the same is considered to be of very good quality. This year the crop in Rajasthan is expected to be around 40-50% more than that of last year at around 2.17 million bags
  • Madhya Pradesh ranks second in the production of Psyllium seed and the crop from Madhya Pradesh is expected to be 150-170% more than that of last year at around 400,000 bags
  • The state of Gujarat ranks third in the overall production of Psyllium seed in India and the crop from Gujarat this year is expected to be 100% more than last year at around 200,000 bags

The carry-forward stock also plays a very important role in the market. Unfortunately the carry-forward stock this year is expected to be only around 50,000 bags – a 90% decline from last year’s carry-forward stock of 600,000 bags.

Given in the table below is a snapshot of the crop arrivals from the last few years and the estimated arrivals for 2021.

Year2015201620172018201920202021
Rajasthan1,600,0001,200,0001,300,0001,750,0001,500,0001,450,0002,175,000
Madhya Pradesh400,000250,000200,000400,000200,000150,000400,000
Gujarat100,000100,000200,000150,00075,000100,000200,000
Carry-forward100,000350,000100,000300,000500,000600,00050,000
Total2,200,0001,900,0001,800,0002,600,0002,275,0002,300,0002,825,000
*All figures – Psyllium Seed bags – 75kg each

So as can be seen, the overall Psyllium Seed availability is going to be around 20-25% more than last year.

The demand for Psyllium Husk, and allied products, has been increasing over the last few years. Overall demand for Psyllium Husk products for the coming 12 months is expected to be the equivalent of 2,400,000 bags of Psyllium Seed. But as there is now sufficient supply to meet this anticipated demand, Psyllium Seed prices have declined by around 15% from last year’s peak.

At present Psyllium Husk manufacturers and agri-commodity traders are buyers in the market and so we do not expect any further significant decline in Psyllium Seed prices from these present levels.

Psyllium Husk prices at an all-time high!

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In our Psyllium Seed – 2016 Crop Report which was published on 12-Apr-16, we had estimated that the crop this year would be about 25% – 30% less as compared to last year. Based on the arrivals in the last 3.5 months, the above figures seem fairly accurate. Up until now, a total of 1.25 million bags of Psyllium Seed have arrived into the market and we expect another 350,000 – 400,000 bags to arrive in the near future.

Overall demand for 12 months starting from Apr-16 is still estimated to be the equivalent of 1.9 – 2.0 million bags of Psyllium Seed and this is going to be significantly greater than upcoming supply.

The current prices for various grades of Psyllium Husk are at an all-time high. Procter & Gamble, the single largest buyer of the product, is procuring material at regular intervals and this is providing very good support to the current prices.

Unless there is a significant decline in demand for Psyllium Husk this year, it is likely that we might have a shortage by the end of this year and/or beginning of 2017. And as long as there is ongoing regular demand for Psyllium Husk over the next few months, it is unlikely that there will be substantial drop in prices.