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Spices export in India has increased 29 per cent in rupee value terms to Rs 4,165.59 crore ($920.55 million) in April-September during the current fiscal. In dollar terms, the increase was 32 per cent.
The total exports of spices and spice products stood at 2,37,585 tonnes during the period, a decline of 19 per cent in volume.
About 2,94,925 tonnes of spices and spices product valued at Rs 3,220.16 crore ($699.25 million) was exported during the same period in the previous year, the Spices Board said in a press statement.
During April to September 2011, export of pepper, cardamom (small), cardamom (large), ginger, turmeric, nutmeg and mace and other spices such as tamarind and asafoetida, have shown an increase both in volume and value compared to the previous year.
The export of value-added product, curry powder/paste has also increased both in volume and value. However, in the case of chilli, spice oils and oleoresins and mint products, the increase is in terms of value only.
The export of other spice items has shown a decline both in volume and value compared to the last year.
About 11,250 tonnes of pepper valued at Rs 311.52 crore have been exported during the period against 9,250 tonnes (Rs 163.10 crore) in the previous year. The unit value of pepper has increased from Rs 176.32 per kg to Rs 276.91 a kg.
A total quantity of 1,825 tonnes of cardamom (small) valued at Rs 161.00 crore was exported against 335 tonnes valued at Rs 39.84crore.
During the period, a total quantity of 280 tonnes of cardamom (large) valued at Rs 22.68 crore have been exported against 210 tonnes valued at Rs 9.97crore of last year.
The unit value of cardamom (large) has increased from Rs 474.68/kg in April to September 2010 to Rs 809.82/kg in April to September 2011.
About 41,500 tonnes of turmeric valued at Rs 450.76 crore was exported against 28,500 tonnes valued at Rs 389.59 crore last year.
Compared to the spices export target of 500,000 tonnes valued at Rs 6,500 crore fixed for the current financial year, the achievement of 2,37,585 tonnes valued Rs 4,165.59 crore during April to September 2011, is 48 per cent in terms of quantity 64 per cent in rupee and 63 per cent in dollar terms of value.
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