Spices exports remained flat in November due to skyrocketing prices. Data compiled by the Kochi-based Spices Board showed a marginal increase of 0.56 per cent in exports (in terms of volume).
During the month, overall shipment of spices rose to 42,860 tonnes compared to 42,620 tonnes in November 2009. In value terms, exports rose 22 per cent to Rs 62,162.78 crore compared to Rs 50,969.37 crore a year ago.
Data showed average export price of garlic rose to Rs 86.50 a kg as from Rs 32.08 last year. Consequently, exports declined to marginal 35 tonnes this year from 1,300 tonnes in November 2009.
During the first 11 months of the current calendar year, 361,650 tonnes of spices and spice products, valued Rs 4,320.88 crore, were exported, as against 341,950 tonnes worth Rs 3,770.10 crore ($785.29 million) during the same period last year.
