Export Of Indian Spices in Global Market

India is popularly known as ‘the land of spices.’ The country has been exporting spices since ancient times to different parts of the world. The spices export from India has been on a rise due to the unique aroma, texture, and flavour of the spices. The medicinal properties of these spices are also popular. India produces around 75 of the 109 varieties listed by the International Organization for Standardization. This accounts for half of the global trading in spices.

Spices worth US$ 3.65 billion were exported from India in the financial year 2020. 1.10 million tons of spices and spice products valued US$ 2.80 billion were exported from the country in the year 2019 while in 2018, 1.02 million tons of spices valued US$ 2.78 billion were exported. Therefore, we see that the export of Indian spices registered an increase of 7% in volume. According to the statistics provided by official websites, spices export value from India stood at around US$ 3.65 billion in the fiscal year 2020. This is a 10% year on year growth. Thus, the demand for Indian spices has been rapidly increasing and is also expected to increase in the future.

Most Exported Spices from India

Various spices are exported from India including Chilli, Cumin, Turmeric, Cardamom, Ginger so on and so forth. Here are some of the major spices exported from India.

• Chilli India is one of the world’s biggest consumer, producer and exporter of Chilli. Chillies are grown across several states in India including Madhya Pradesh, Maharashtra, Andhra Pradesh and Karnataka. Chilli is one of the largest exported spices from India. India’s chilli exports stood at 468,500 tonnes in the year 2018-2019.

• Cumin Cumin seeds are used in various cuisines around the world for their beautiful aroma. Besides its culinary uses, cumin is also said to have health and fitness benefits. It is one of the most essential ingredients in Indian cuisine. The cumin exports stood at 180,300 tonnes while the turmeric exports at 133,600 tonnes.

• Turmeric India is one of the largest exporters of Turmeric globally. Different varieties of Turmeric are exported to various countries in the world including Brazil, Germany, Malaysia and so on. Turmeric is useful in many industries including cooking and cosmetics. It also has some health and medicinal benefit. Turmeric India is one of the largest exporters of Turmeric globally. Different varieties of Turmeric are exported to various countries in the world including Brazil, Germany, Malaysia and so on. Turmeric is useful in many industries including cooking and cosmetics. It also has some health and medicinal benefits.

• Cardamom Cardamom seeds are basically seeds of a plant of the ginger family. Cardamom is used as a spice and also has several medicinal properties. The annual Production of Indian green cardamom is around 22,000 - 24,000 Metric Tons. The cardamom exports in the year 2018-19 from India were around 860 tonnes.

• Ginger Ginger is popular across various cuisines in the world due to its unique flavour. Being one of the most important spices in India, India is the major producer of ginger in the world. Other countries which produce ginger are China, Nepal and Indonesia. India exported around US$ 31.5 million worth of ginger in 2018.

• Pepper Pepper is primarily the dried unripe fruit of a plant called piper nigrum. It has a pungent smell and a hot taste. Pepper is one of the most commonly used spices across the world. The pepper export from India saw a 21% increase in its volumes at 8,200 tonnes in the year 2019-2020.

• Nutmeg Nutmeg is another spice which is exported to many countries in the world. Nutmeg is a seed of several species of the genus Myristica which can also be used as a ground spice. Nutmeg has many benefits and uses. It is used on a large scale in the manufacturing industry.

• Fenugreek Fenugreek is basically an annual plant from the family of Fabaceae. It is used for its leaves and seeds which can be used as a herb or spice. Fenugreek plants and seeds have a characteristic strong odour. India on average exports about 21,800 metric tonnes of fenugreek each year.

• Cinnamon Cinnamon is primarily the dried bark of various laurel trees in the Cinnamomum family. It is sweet in taste and has a woody fragrance in both grounds and sticks forms. India exports cinnamon to various countries in the world including the USA, Canada, Australia, UK and New Zealand