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Indian spices exports moved up by 8% in value and 9% in volume for 2014-15
As per the data collected from Spices Board, Cochin export of spices from India during 2014-15 was 8,93,920 metric tons valued at Rs 14899.68 crores (US$ 2432.85 Million). This registered an increase of 9% in volume and 8% in value compared with the export of 8,17,250 tons valued at Rs.13735.39 crore (US$ 2267.67 Million) in 2013-14.
Chilli continued to be India's largest exported spice, accounting for 347,000 tonnes worth Rs 3,517 crore in 2014-15. In terms of volume, chilli was followed by cumin with an export quantity of 1,55,500 tonnes that earned a foreign exchange worth Rs 1,838.20 crores. Value added spice products like spice oils and oleoresins notched a significant high with figures of 11,475 tonne earning Rs 1,910.90 crores, registering a growth of 1% in volume and 10 % in value. The item-wise export of spices from India are given below.
Item wise export of spices from India
(Rs in lakhs)
(Rs in lakhs)
|Other seeds (1)||27,800||15,426||28,250||16,513|
|Nutmeg & Mace||4,450||26,286||4,475||26,798|
|Other spices (2)||34,700||41847||36,500||44,915|
|Mint Products (3)||24,500||343,042||25,750||268,925|
|Spice Oils and Oleoresins||11,415||173,325||11,475||191,090|
(1) Include Ajwan seed, Dill seed, Poppy seed, Aniseed, Mustard etc.
(2) Include Tamarind, Asafoetida, Cinnamon, Cassia, Cambodege, Saffron, Spices (NES) etc.
(3) Include menthol, menthol crystals and mint oils