November 16, 2017

Know About Marketing or Sales of Various Indian Spices

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India has been a front-runner in the race for export of spices. Evergreen Exports in Mumbai is the proud manufacturer, supplier and exporter of Indian spices. One among the leading names in Spices exporters in India, we set the benchmark for quality and efficiency in the spices business. Spices in India, being a specialty, we are able to provide with whole, ground and organic spices along with a wide range of oil seeds, curry powders, rice, herbs, sesame seeds, dehydrated onions and garlic and many more taste tingling varieties in Indian spices.

The All India Spices Exporters Forum (AISEF), established in the year 1987, works towards protecting the interests of the spice exporters in the country, creating a sustainable, pro-development business environment for the spice industry and its stakeholders.

Growth Rate

As per data from available from Directorate General of Commercial Intelligence and Statistics (DGCIS), export volume increased 25% in 2011-12, while it reported just 3% growth in 2014-15. Indian spices and spice products surged to a record export worth of Rs.17,664.61 crores ($ 2633.30 million) and a volume of 947,790 tonnes in 2016-17. India has surpassed all previous outlet records and has fulfilled the increasing international demand for its quality spices in the face of tough competition in global markets. Exporters believe that in the current financial year, overall export may marginally increase and growth will be negligible, given minimal growth in exports from India so far.

Outlet of Common Spices

1. Chilli continued to be the most demanded spice in 2016-17 with outlet  of 4,00,250 tonnes amounting to Rs 5,070.75 crores, registering an increase of 15 per cent in volume and 27 per cent in value.

2. Cumin was the second-most consign spice, recording an increase of 22 per cent in volume and 28 per cent in value. A total volume of 119,000 tonnes of cumin valued at Rs.1963.20 crores was exported from India in 2016-17. The increase was largely due to the mandatory checks on cumin and its  by products implemented by the Spices Board in the backdrop of rapid alerts from importing countries.

3. Increased global demand for turmeric, especially in the pharmaceutical sector, drove its convey to attain figures of 116,500 tonnes in volume and crossed Rs. 1,241 crores in value terms in 2016-17.

4. Chilli continued to be the most in demand in 2017 with send out 4,00,250 tonnes amounting to 5,070.75 crores,  registering an increase of 15 per cent in volume and 27 per cent in value.

5. The outlet of celery rose from 5,310 tonnes valued at Rs.53.28 crores in 2015-16 to 6,250 tonnes worth Rs. 62.46 crores in 2016-17.

A shift in dietary preferences from conventional spices to processed and value-added spices was evident in the spice export statistics, which exhibited an increase both in volume and value as compared to 2015-16, contributing substantially to the spices export basket in 2016-17.

Meanwhile, according to an exporter, Quality of Indian spices are much better this year and this has translated into good demand globally as well.

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