)
During the first half of this financial year, India's spices export rose 12 per cent in volume terms and nine per cent in value, compared to the corresponding period of the previous financial year.
According to Spices Board India, total exports in the April-September period stood at 421,570 tonnes, valued at Rs 6,963 crore. This was 56 per cent of the targeted volume and 57 per cent of the targeted value for 2014-15.
During the April-September period, export of ginger, cumin, celery and chilli saw a marked rise, while that of garlic, nutmeg, fennel, fenugreek and cardamom fell.
The volume of ginger exports rose a whopping 41 per cent to 8,300 tonnes (valued at Rs 103 crore), while cumin exports rose 25 per cent to 87,500 tonnes (Rs 103 crore).
Spice oils and oleoresin exports, in which India leads the global market, rose 21 per cent. A total of 5,925 tonnes of these products were shipped in April-September 2014, valued at Rs 877 crore. During the same period, 161,000 tonnes of chilli (Rs 1,547 crore) and 23,000 tonnes of coriander (Rs 240 crore) were exported.
