Guaran - Production and Trade

Production and Trade

The guar bean is principally grown in India and Pakistan, with smaller crops in the US, Australia, China, and Africa. In India, Rajasthan and Haryana are the main producing regions, and Jodhpur in Rajasthan is a major Guar trading market.

India produces about 600,000 tons of guar annually, making it the largest producer with about 80% of world production. In Pakistan, Punjab is the main production area for guar beans.

The world market for guar gum and its derivatives is about 150,000 tons annually and India accounts for about 80% of the global trade in guar products generating exports of guar products worth about 11 billion rupees. Industrial guar gum accounts for about 45% of the total demand. It is used as a controlling agent in oil wells to facilitate easy drilling and prevent fluid loss.

Read more about this topic:  Guaran

Famous quotes containing the words production and, production and/or trade:

    The heart of man ever finds a constant succession of passions, so that the destroying and pulling down of one proves generally to be nothing else but the production and the setting up of another.
    François, Duc De La Rochefoucauld (1613–1680)

    In the production of the necessaries of life Nature is ready enough to assist man.
    Henry David Thoreau (1817–1862)

    I have no doubt that they lived pretty much the same sort of life in the Homeric age, for men have always thought more of eating than of fighting; then, as now, their minds ran chiefly on the “hot bread and sweet cakes;” and the fur and lumber trade is an old story to Asia and Europe.
    Henry David Thoreau (1817–1862)