Since Historic times, India has been a front-runner in the race for export of spices. India leads in the production and their exports of different spices and products in the last few years have shown an increasing trend. The major spices that are exported are mint products, pepper, cardamom, turmeric, ginger, chillis, cumin and coriander. Export of value added products like spice oils and oleoresins is also significant. This article provides an insight into the market share and the key players of spices export. It also depicts the various options of packaging systems for spices with respect to export.
Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture and taste. India has the largest domestic market for spices in the world. India is the world largest exporter and producer of spice and spice products. Out of the 109 varieties listed by the International Organization for Standardization around 75 varieties are exported and produced by India and therefore India is known to be the “home of spices”. Spices are aromatic substances of vegetable origin obtained from various roots, barks, leaves, stems of certain plants. They have a varied range of properties and cater to the cosmetic, perfumery, medicinal and food industries. In the medicinal sector, they act as antioxidants, antimicrobial agents. To the perfumery industry, the processed products of spices like oleoresins and spice oils play an important role. Spices are valued mainly for their distinctive colour, flavours and aroma and thus are indispensable for culinary purposes and flavouring.
Global Market Scenario:
Share of major spices in India’s spice exports during 2017-18 (%)
Major Exports Destinations:
The US is the major export destination for India followed by China, Vietnam, the UAE, Malaysia, Saudi Arabia, the UK, Germany, Singapore and Sri Lanka. Exports to the US stood at US$ 351.6 million followed by China at US$ 335.39 million in 2012-13.
Primary Exports: Among whole spices India primarily exports pepper, chilli, turmeric, ginger, cardamom, coriander, cumin, fennel, fenugreek, celery, nutmeg and mace garlic, tamarind and vanilla. Processed spices such as spice oils and oleoresins, mint products, curry powder, spice powders, blends and seasonings are also exported.
During 2013-14, spices and spice products valued at US$ 2,267.67 million has been exported from the country as against US$ 2,212.13 million in 2012-13, which is an increase of 3 per cent.
Cardamom registered a growth in value of 68 per cent from the exports. Other spices with notable growth include coriander, cumin, pepper and curry powders with rates of 52 per cent, 35 per cent, 30 per cent and 29 per cent respectively.