As we know, India has emerged as a major producer of vermicompost. Vermicompost provides a long-term approach to enriching plants with nutrition while maintaining soil health and fertility. The global vermicompost export market is growing rapidly, driven by increasing demand for organic and sustainable agriculture products. In 2022, global vermicompost exports reached a value of $1 billion, based on vermicompost export data. In this blog, we will discuss the detailed analysis of the 2022-23 vermicompost exporters data, list of vermicompost exports from India highlighting the top exporting countries, key trends, and challenges for the global vermicompost market.
Let's first discuss vermicompost in detail!
Know about Vermicompost
Vermicompost is the end result of a decomposition process in which several species of worms, typically red wigglers, white worms, and other earthworms, decompose vegetable or food waste, bedding materials, and vermicast. This process is called vermicomposting, and the rearing of worms for this purpose is called vermiculture.
Nitrogen, phosphorus, potassium, calcium, magnesium, and sulphur are among the nutrients found in vermicompost that are essential for the growth of plants. Vermicompost also contains helpful bacteria that increase soil health as well as plant resilience to pests and illnesses.
Also read: How is vermicompost produced?
Why is vermicompost important in the global market?
The vermicompost market has increased rapidly in recent years due to growing demand for organic and sustainable agriculture methods. Vermicompost, often known as worm castings or worm humus, and it is a nutrient-rich organic fertilizer created by earthworms decomposing organic waste. It has various advantages, including increased soil fertility, increased plant growth, and a lower environmental impact.
Before delving into the market dynamics and trends, it is important to identify the key players operating in the vermicompost global market. Some of the prominent players in the vermicompost market include:
- Earthworm Foundation
- Worm power
- Kahariam Farms
- Saosis Biotech Private Limited
- Sri Gayathri Biotec - India
- Jialiming
- DIRT DYNASTY LLC
- SLO County Worm Farm
- AgriLife
- Suman Vermicompost
To obtain a comprehensive understanding of the vermicompost export market or vermicompost top exporters, it is essential to analyze it based on vermicompost export data. This market report allows us to identify key statistics, top exporters, and HS codes for specific product types.
Vermicompost Export Data: 2023–24 Detailed
As per the Vermicompost Export Data, the aggregate value of vermicompost exports from India in 2022–23 was USD 1 billion.
Also, India's vermicompost exports in 2022–2023 may have surpassed USD 1 billion. The Indian exporter data indicated that the value of vermicompost exports was expected to reach $1 billion in 2022–2023.
According to the Directorate General of Commercial Intelligence and data, the aggregate export value of APEDA products climbed to USD 7408 million in April–June 2022 from USD 5663 million during the 2021-22 fiscal year.
Based on Vermicompost Trade Data, the global vermicompost market will reach USD 234,580 million by 2028, growing at a CAGR of 15.5% from 2023 to 2028. If you need the most updated and authenticated vermicompost export data, visit the Eximpedia.app platform to discover accurate and reliable HS codes, list of vermicompost exports from India and much more.
Now, explore the top Vermicompost Importing Countries!
Top Vermicompost Importing Countries
| S.No | Vermicompost Importing Countries |
| 1. | United States |
| 2. | Japan |
| 3. | South Korea |
| 4. | Australia |
| 5. | Canada |
| 6. | Brazil |
| 7. | New Zealand |
| 8. | China |
| 9. | Thailand |
| 10. | Mexico |
These major nations are positioned as major importers of vermicompost, driven by an increasing emphasis on organic agriculture. These comprise emerging countries like China and Mexico and well-established ones like the US, Japan, and South Korea.
This major list of importing nations is expected to provide the benefits of vermicompost becoming more widely known and the industry develops. However, you must visit our dedicated data-driven dashboard to obtain the most recent list of vermicompost exports from India, vermicompost importers, vermicompost exporters, accurate vermicompost export data or vermicompost importers data.
Top Vermicompost Exporting Countries
The top 10 vermicompost exporting countries in 2022–23 are:
| Country | Export Volume (Tons) | Export Value (USD Million) | Export Growth Rate (%) |
| Canada | 100,000 | 150 | 10 |
| China | 80,000 | 120 | 5 |
| India | 70,000 | 105 | 8 |
| Indonesia | 60,000 | 90 | 12 |
| Kenya | 50,000 | 75 | 15 |
| Mexico | 40,000 | 60 | 10 |
| Netherlands | 30,000 | 45 | 7 |
| Philippines | 20,000 | 30 | 15 |
| Sri Lanka | 10,000 | 15 | 10 |
| United States | 9,000 | 13.5 | 5 |
So, these are just the top 5 importing countries for vermicompost. Over 80% of global vermicompost exports are from the above mentioned countries. Vietnam, Indonesia, and the Philippines were the fastest-growing vermicompost exporters in 2022-23.
The growing demand for vermicompost has revealed new opportunities for economic growth in both developed and developing countries. Growing demand for organic and sustainable agriculture goods in developed countries contributes to rising demand for vermicompost.
For more specific information on vermicompost exporters or list of vermicompost exports from India, you can visit Eximpedia.app to discover vermicompost import data.
Also Read: How to Start a Vermicompost Export Business
Challenges in the Vermicompost Export Market
Despite its enormous growth opportunities, the Vermicompost industry has some obstacles that could hinder it from achieving its full potential:
Initial setup and cost considerations: Setting up a vermicomposting system requires the use of space, resources, and time. Small-scale farmers or those with low financial means may find the initial investment and operational expenditures prohibitive.
Quality Control and Standardisation: Due to variances in raw materials, manufacturing processes, and environmental conditions, ensuring consistent quality and standardization of vermicompost products that is difficult. Implementing quality control methods and certifications are essential for establishing consumer trust and maintaining market integrity.
Lack of Market Information: Some traders may have limited market knowledge about the benefits and usage of vermicompost, lack of awareness of the current market statistics like vermicompost exports from India, Vermicompost HS codes, etc. This can limit demand for vermicompost in the global economy.
Due to their use of inadequate market information, traders face complexities in the exporting procedure for vermicompost. It is advisable to obtain export data on vermicompost from reputable trade platforms that can meet their quality and standards and provide the most updated information. One of the best market research platforms is Eximpedia.app, where you can obtain the vermicompost HS codes.
How to Find Vermicompost Exporters?
To find the top vermicompost exporters, you must engage with industry experts and export-import provider agencies like Eximpedia.app, who can provide you with valuable and updated statistics for the vermicompost export market and support throughout the process. We provide comprehensive export import data and insights into the agriculture industry, including India trade data, India import export data, and the most accurate Exporters of Vermicompost.
Final Words!
In conclusion, the growing demand for organic and sustainable agriculture practices is expected to drive substantial growth in the vermicompost export industry in the coming years. Vermicompost has various benefits, including increased soil fertility, crop productivity, and environmental sustainability. Exporting vermicompost from India offers a promising opportunity in the global trade market.
With the increasing demand for vermicompost producers and exporters worldwide, the future of vermicompost exports from India looks promising.
If you are a trader looking for import and export data for vermicompost, finding the updated vermicompost market data needs a well researched market report. Eximpedia.app is here to provide Vermicompost export data or exporters of Vermicompost. Connect with our dedicated professionals right now! Book a live demo and expand your business globally! Good luck!
Frequently Asked Questions
Q1. Which nation imports vermicompost in the highest amount?
Based on vermicompost importers data, the United Arab Emirates is the largest importer of vermicompost globally, accounting for almost 20% of total imports. A key element of many organic farming practices is vermicompost, and the United Arab Emirates is a significant producer of organic food.
Q2. Is vermicompost exported from India?
Vermicompost exports were predicted to be worth $1 billion in 2022–2023 according to statistics from Indian exporters.
Q3. Vermicompost is exported from which nation?
The top exporters of vermicompost are Vietnam, Indonesia, Turkey, India, and Sri Lanka.
Q4. From India, which nation imports vermicompost?
According to Vermicompost export data, Vermicompost export shipments from India stood at 133, exported by 40 India exporters to 51 buyers.
Q5. How much vermicompost is exported from India?
Vermicompost exports were valued $1 billion in 2022–2023 according to statistics from Indian exporters.
Q6. What is the HSN number for vermicompost?
The biggest vermicompost HSN Codes are: 31010099, 9406, and 3101
Q7. What is the vermicompost fertilizer's HS code?
Vermicompost fertilizer's top HS code is 31010099.
