Exports

Spices Industry in India

Spices Industry in India

Last Updated: August, 2015

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, Vietnam, the UAE, Malaysia, Saudi Arabia, the UK, Germany, Singapore and Sri Lanka. Exports to the US stood at around US$ 340.3 million followed by China at US$ 324.57 million in 2012-13.

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.

  • During 2013-14, spices and spice products valued at US$ 2,267.67 million has been exported from the country as against US$ 2,212.13 million in 2012-13, which is an increase of 3 per cent.
  • During the period April-September 2014, India exported spices worth US$ 1,152.08 million as compared to US$ 1,073.85 in the same period in 2013.
  • In the same period, cardamom registered a growth in value of 68 per cent from the exports. Other spices with notable growth include coriander, cumin, pepper and curry powders with rates of 52 per cent, 35 per cent, 30 per cent and 29 per cent respectively.

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.

The total export of spices increased 7 per cent to reach US$ 2.4 billion for FY 2014‑15.

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.

Spices

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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