Data – India’s spices exports up 24 per cent during April-Sept 2017

India exported 557,525 tonnes of spices worth Rs 8,850.53 crore during April to September 2017, the latest data from the Spices Board showed, marking a 24 per cent year-on-year jump.

India had exported 450,700 tonnes, valued at Rs 8,700.15 crore during the same period last year.

In dollar terms, India’s exports of spices and spice products during the first half of the current fiscal were pegged at $1.374 billion million against $1.3 billion during the same period in 2016.

Chilli, cumin, turmeric, cardamom, garlic and mint products were amongst the most sought after Indian spices, meeting the increasing demand for quality spices in global markets.

Chilli retained its position as the most demanded spice, with exports of 235,000 tonnes and amounting to Rs 2,125.90 crore in value, followed by Cumin (79,460 tonnes, Rs 1,324.58 crore). Turmeric accounted for 59,000 tonnes and Rs 547.63 crore.

The export of small cardamom, cumin, garlic, tamarind and seeds like ajwain, mustard and poppy registered an increase both in volume and value as compared to April-September 2016. The export of value-added products like curry powder, mint products and spice oils and oleoresins also increased in volume and value.

In case of value-added products, the export of curry powder/paste totalled 17,030 tonnes worth Rs 348.88 crore. A total of 8,800 tonnes of spice oils and oleoresins valued at Rs 1,332.22 crore were also exported.

Shekhar Ghosh is a communications consultant and and former journalist, who has edited and written for publications such as like Business India, Business Standard, Business Today and Outlook.

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