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SMP prices average, India


This page lists the average monthly prices of dairy products, recorded in India.

In the table are listed the prices in the last three years, while the charts show the prices trend in the same time period. the prices are expressed in € and in the local currency.

In the following graphs are listed:
  • the comparison between the prices in local currency and Euro.
  • the comparison between the prices of dairy products in time.

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INR/kg - €/kg
Month 2021
INR
2021
2022
INR
2022
2023
INR
2023
± on prev. mo.
INR
± on 2022
INR
± on prev. mo.
± on 2022
January 278 3,12 270 3,21 355 4,03 +0,85% +31,48% -0,07% +25,64%
February 296 3,36 287 3,38 355 4,01 0,00% +23,69% -0,40% +18,84%
March 300 3,46 326 3,88 351 3,98 -1,13% +7,67% -0,70% +2,63%
April 283 3,16 335 4,07
May 261 2,94 328 4,01
June 270 3,05 327 3,96
July 269 3,05 332 4,10
August 269 3,08 345 4,28
September 261 3,01 339 4,27
October 260 2,99 345 4,26
November 266 3,13 338 4,06
December 264 3,10 352 4,03
Gen - Mar 291 3,32 294 3,49 354 4,01
Variazione (1) -12,4% -20,5% +1,0% +5,2% +20,2% +14,9%
Average 273 3,12 327 3,96
Variazione(1) -6,5% -10,1% +19,7% +26,8%
1) Variation in percentage compared to the same period of the previous year.

Source: Indian Dairy Association

INR/Kg

2018 2019 2020 2021 2022 2023 % on prev. month % on 2022
January 196,00 219,00 349,00 278,00 270,00 355,00 +0,85% +31,48%
February 199,00 205,00 334,00 296,00 287,00 355,00 0,00% +23,69%
March 196,00 205,00 315,00 300,00 326,00 351,00 -1,13% +7,67%
April 201,00 235,00 300,00 283,00 335,00
May 188,00 255,00 291,00 261,00 328,00
June 195,00 299,00 273,00 270,00 327,00
July 199,00 297,00 272,00 269,00 332,00
August 188,00 311,00 275,00 269,00 345,00
September 185,00 337,00 286,00 261,00 339,00
October 185,00 315,00 269,00 260,00 345,00
November 182,00 326,00 275,00 266,00 338,00
December 207,00 331,00 267,00 264,00 352,00
Jan - Mar 197,00 209,67 332,67 291,33 294,33 353,67
Change (1) - +6,43% +58,66% -12,42% +1,03% +20,16%
Jan - Dec 193,42 277,92 292,17 273,08 327,00
Change (1) - +43,69% +5,13% -6,53% +19,74%
Source: Indian Dairy Association
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices.
1) change from the same period of previous year
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