Exports

Spices Industry in India

Spices Industry in India

Last Updated: August, 2013

Introduction

India is known as the home of spices and boasts of a long history of trading with the ancient civilisations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture and taste. India has the largest domestic market for spices in the world. India is the world's largest producer and exporter of spices of the 109 varieties listed by the International Organization for Standardization (ISO), as the country produces and exports about 75 varieties of spices.

Key Markets

The US is the major importer followed by China, the UAE, Malaysia, Saudi Arabia, the UK, Germany, Singapore and Sri Lanka. Exports to the US grew at a rate of 11.6 per cent from US$ 215.4 million in 2007-08 to US$ 334.8 million in 2011-12.

Primary Exports

India primarily exports pepper, chilli, turmeric, ginger, cardamom, coriander, cumin, fennel, fenugreek, celery, nutmeg and mace garlic, tamarind and vanilla. Processed spices such as spice oils and oleoresins, mint products, curry powder, spice powders, blends and seasonings are also exported.

  • The export of processed spices such as curry powder, mint products and spice oils and oleoresins accounted for 44.2 per cent of total exports
  • Mint products accounted for a large volume of spice exports in 2012-13 with a share of 29.7 per cent
  • Mint product exports grew from US$ 235.4 million in 2008-09 to US$ 415.3 million in 2012-13
  • Spice oils and oleoresins exports grew from US$ 156.9 million in 2008-09 to US$ 241.1 million in 2012-13

Spices Board of India

The Spices Board of India works towards the development and worldwide promotion of Indian spices. It provides quality control and certification, registers exporters, documents trade information and provides inputs to the Central Government on policy matters. It participates in major international fairs and food exhibitions to promote Indian spices, apart from organising various domestic events.

Indian spice exports stood at US$ 2,040.18 million during 2012-13.

Source:
Spices Board of India

SPICES E-BROCHURE

Other Export Promotion Councils:

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

AEPC

Sugandha Bhavan
N.H. By-Pass, Palarivattom P.O.
Cochin - 682025
Kerala
India

Tel.:+91-484-2333610
Fax: +91-484-2334429
Email: spicesboard@vsnl.com
Website: www.indianspices.com

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