India has a near monopoly in this item.
Till recently, Myrobalans were primarily used in sole leather
tanning as it has lower phosphorous value. However other vegetable
tanners such as Quebracho, Mimosa, Chestnut, have grown more
important over the years. Since past few years it has been
observed that demand of Myrobalans are declining as synthetics
substitutes have also been developed. But their medicinal
utility has remained intact and gaining popularity due to
shifting interest towards herbal system of medicine.
Production and pricing
The overall trend of myrobalans procurement
by GCC is declining as can be seen from the figure. What can
also be observed is that sales of the produces have been less
then procurement in most of the years. Apart from material
loss, the agency is increasingly finding it difficult to dispose
the produces specially harida as the markets have crashed
in the whole country.
The price trends though increasing for most
of the 90s, have started declining in the last 2 years that
implies declining market demand for the produces. However
it is believed that the demand for Aonla is slowly reviving
as it is being increasingly used in the medicinal preparations.
Figure
: Production and Sales of Myrobalans (in MT)
Figure
: Procurement and Sales Price of Myrobalans (Rs. / Kg)
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