India's Spices Export - Volumes and Values

 
Board's initiatives for export development

Spices exports have registered substantial growth during the last one decade. It has increased from 203398 tonnes valued MLN US $ 241million in 1995-96 to 350363 tonnes valued MLN US $ 593 million in 2005-06,registering an annual average growth rate of 9.4% in value terms. During the year 2006-07, the spices export from India has registered an all time high both in terms of quantity and value. In 2006-07 the export of spices from India has been 373,750 tonnes valued MLN US $ 793 million registering an increase of 34% in value over 2005-06. India commands a formidable position in the World Spice Trade with 47% share in Volume and 40% in Value.


Trend In India's Spice Exports

Board has formulated and implemented a three tier quality certification programme conforming to HACCP. Award of Spice House Certificate for good manufacturing practices, award of Logo for quality of the product and accreditation under ISO 9000 for international acceptance are the three certification systems adopted by the Board. Yet another area of activity centered upon by the Board is Value Addition. India can now boast as the monopoly supplier of spice oils and oleoresins the world over. In the case of curry powders, spice powders, spice mixtures and spices in consumer packs, India is in a formidable position. The consistent effort of the Board during the last one decade has improved the share of the value added products in the export basket to 60%

With the support of the Spices Board, exporters have established adequate infrastructure for improving quality on a sustained basis. Quality improvement and technological upgradation are taken up by exporters as an on-going programme. These developments are in tune with the changing levels of market acceptance. Other areas focused upon by the Board are export promotion in identified markets, interaction with policy makers in the importing countries, development of new end uses, farm level training for farmers etc.



Indias's share in world trade of spices - 2006

(QUANTITY)

(VALUE)





 
For more details: mail@indianspices.com