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Spices export rises 35% in first quarter.


Date: 28-09-2017
Subject: Spices export rises 35% in first quarter
KOCHI: Helped by large shipments of chilli, spices exports from India grew 35 per cent in quantitative terms in the first quarter of fiscal 2017–18. 

The total export of spices rose to 3,06,990 tonnes in terms of quantity during the period from 2,27, 938 tonnes a year ago. 

Chilli became the most exported spice during April–June 2017 with the shipment of 1,33,000 tonnes. “Chilli has been the most demanded Indian spice and has fulfilled the increasing international demand for quality spices in global markets. Moreover, Board’s efforts to promote garlic have resulted in substantial increase in its exports,” said Spices Board chairman A Jayathilak. 

Garlic has registered the maximum growth in terms of quantity and value. It contributed substantially to the overall exports during the period, rising 169 per cent in quantity. Fennel registered a growth of 92 per cent in quantity. The exports of other seed spices such as mustard, aniseed and dill seed grew by 83 per cent in quantity. 

Increased demand for processed and value added spices resulted in an increase in the exports of curry powder and pastes, along with spice oils and oleoresins, accounting for a significant part in the spices export basket of the first quarter of the current fiscal, said a Spices Board release.

Source: economictimes.indiatimes.com

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