Spices Exports
Spices Board says India's exports in Apr-Jun down 8% on year
This story was originally published at 22:48 IST on 12 September 2024
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MUMBAI – India's spices exports in Apr-Jun fell 8% on year to nearly 405,634 tn, according to data from the Spices Board India. In terms of value, the exports were at $1.15 bln or 96.2 bln rupees, down 1% on year in dollar terms.
In terms of quantity, the fall in exports was notable in chilli, garlic, and coriander. Coriander exports from the country declined significantly by 65% to 17,029.33 tn and chilli exports declined 17% on year to 114,102.69 tn, while exports of garlic were down around 69% on year at 11,151.21 tn, according to the report. Turmeric exports were down at 46,497.99 tn, against 57,775.27 tn a year ago.
Coriander exports fell as demand from China and Bangladesh declined in recent months, according to SMC Global securities.
Ginger exports, on the other hand, rose 60% to 10,415.14 tn during the period, the data showed. Exports of jeera were up 46% at 78,087.92 tn, according to the data. In value terms, jeera exports were at $251.2 up 13% on year. Jeera exports surged in June as Indian prices were attractive to global buyers after persistent downfall.
India is the largest producer of turmeric, coriander, and jeera.
The following table details the commodity-wise break-up of exports, in tn, of India's major spices in 2024-25 (Apr-Jun), compared with the previous year, and on-year change in percentage terms:
| Exports |
2024-25 (Apr-Jun) |
2023-24 (Apr-Jun) |
Change (in %) |
| Chilli | 114,102.69 | 137,960.69 | (-)17% |
| Turmeric | 46,497.99 | 57,775.27 | (-)20% |
| Cumin | 78,087.92 | 53,399.64 | 46% |
| Coriander | 17,029.33 | 49,173.76 | (-)65% |
| Garlic | 11,151.21 | 35,793.56 | (-)69% |
| Ginger | 10,415.14 | 6,517.65 | 60% |
|
Total |
405,633.76 | 440,663.02 | (-)8% |
* Total may not tally as only major items have been included.
End
Reported by Taniva Singha Roy
Edited by Avishek Dutta
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