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Overview - Spices Parks

Last updated on 18-11-2014, 13:13

Spices Board of India is the statutory commodity Board under Ministry of Commerce & Industry and responsible for the export promotion activities of Spices and Spice product. India is the largest producer, consumer and exporter of spices in the world. India produces more than 65 spices in different varieties out of the 109 Spices listed by ISO. The estimated world trade in spices is 1.05 million tones valued at 2750 Mln US $, out of which India has a significant share of 48% in quantity and 43% in value.

In the quality front, the major consuming countries like Europe and USA are demanding more and more quality compliance by the producing countries. It is pertinent to note that India was able to cope up with the new stringent quality stipulations setup by these consuming countries and sustain and increase our export share in these markets with various quality improvement programmes initiated by the Board. But the recent trends among these countries in quality stipulations will definitely go further and only those suppliers who can meet the aspirations of the consumers could be able to survive in future. To meet this challenge we have to equip ourselves to produce and market the spices, which will have internationally accepted food safety standards.