April-June spices exports marginally down at $1.15 billion on dip in chilli shipments

A 29 per cent decline in shipments of chillies has pulled down total spices exports by some one per cent to $1.152 billion in the course of the April-June quarter over corresponding final yr, offsetting progress in different varieties corresponding to cumin and turmeric. Throughout April-June 2023, spices exports had been $1.164 billion

As per the most recent information put out by Spices Board, exports of chilli, the most important spices commodity each in volumes and worth phrases, noticed a 29 per cent decline to $265 million throughout April-June towards $376.67 million. in the identical interval a yr in the past. In quantity phrases, spices exports fell 17 per cent to over 1.14 lakh tonnes (1.37 lakh tonnes in April-June 2023).

Sluggish shopping for by China and Bangladesh, the highest two consumers of Indian chillies, impacted shipments in the course of the quarter.

The decline in chilli shipments was offset by different spices corresponding to cumin, turmeric, pepper and cardamom amongst others.

Turmeric exports up 44%

Exports of cumin registered a 13 per cent enhance at $251 million ($223 million), whereas the amount was up 46 per cent at 78,087 tonnes (53,399 tonnes).

Equally, turmeric exports had been up 44 per cent at $90.57 million ($62.92 million) on increased realisation as the amount declined by a fifth in the course of the interval. Turmeric export stood at 46,497 tonnes in the course of the quarter (57,557 tonnes).

Exports of huge cardamom had been up 179 per cent at $6.49 million ($2.33 million), whereas the volumes had been up 40 per cent at 346 tonnes (247 tonnes). The exports of small cardamom additionally registered a 107 per cent enhance at $34.71 million ($16.77 million). Small cardamom exports had been up 68 per cent in the course of the quarter at 1,782 tonnes (1,059 tonnes).

Exports of pepper had been up 26 per cent at $25.91 million ($20.52 million), whereas the amount was up 14 per cent at 4,750 tonnes (4174 tonnes).

Equally, the fennel shipments had been up 8 per cent at $37.08 million (34.44 million). Fennel quantity was up 83 per cent at 34,015 tonnes (18,573 tonnes). Tamarind exports had been up 63 per cent in the course of the quarter at $8.05 million ($4.93 million) on an analogous enhance in quantity.

The shipments of coriander had been down 56 per cent at $20.94 million ($47.28 million) on 65 per cent drop in quantity at 17,029 tonnes (49,173 tonnes). Exports of garlic had been additionally down 26 per cent at $13.23 million ($17.93 million).

Exports of curry powder/paste had been up 24 per cent at $54.97 million ($44.22 million), whereas shipments of spices oils and oleoresins had been up 5 per cent at $134.69 million (128.67 million).