4 per cent increase in volume
4.71 lakh tonnes exported during April-February
Target exceeded in terms of both quantity and value
KOCHI: Export of spices and spices products from India has registered an increase of 4 per cent in volume and 19 per cent in terms of value during April-February 2010-11. In dollar terms, the rise in exports is 24 per cent.
A total of 4,71,165 tonnes of spices and spices products, valued at Rs.6,030.74 crore ($1,323.28 million), was exported from the country as against 4,53,495 tonnes valued at Rs.5,058.26 crore ($1,063.44 million) in April-February 2009-10.
Export of chilli, ginger, fennel, garlic and other spices such as asafoetida and tamarind has shown an increase both in volume and value during April-February 2010-11 as compared to April-February 2009-10. The export of value-added product spice oils and oleoresin and curry powder/paste has also shown an increase, both in volume and value, as compared to April-February 2009-10. However, in the case of pepper, cardamom (large), turmeric and mint products, the increase is in terms of value only. Other spices such as cardamom (small), coriander, cumin, celery, fenugreek, nutmeg and mace have decreased both in terms of volume and value as compared to last year.
During April-February 2010-11, a total of 16,600 tonnes of pepper, valued at Rs.334.62 crore, was exported as against 18,425 tonnes, valued at Rs.293 crore last year. The value of pepper has increased from Rs.159.02 a kg in 2009-10 to Rs.201.58 a kg during 2010-11.
During April-February 2010-11, a total of 865 tonnes of cardamom (small), valued at Rs.100.41 crore, was exported as against 1,765 tonnes valued at Rs.143.62 crore last year. In the case of cardamom (small), the unit value has increased from Rs.813.59 a kg in 2009-10 to Rs.1,160.84 a kg in 2010-11.
During the period, a total of 2,18,500 tonnes of chilli, valued at Rs.1,379.52 crore, was exported as against 1,80,750 tonnes valued at Rs.1,156.57 crore last year, registering an increase of 21 per cent in quantity and 19 per cent in value.
During April-February 2010-11, 12,000 tonnes of ginger, valued at Rs.77.29 crore, was exported as against 5,100 tonnes, valued Rs.41.51 crore last year, registering an increase of 135 per cent in quantity and 86 per cent in value. During the period, the export of spice oils and oleoresins also increased to 6,800 tonnes, valued Rs.803.02 crore, from 6,225 tonnes valued at Rs.651.68 crore last year.
During April-February 2010-11, nearly 13,250 tonnes of curry powder/paste, valued at Rs.178.76 crore, was exported as against 13,100 tonnes, valued at Rs.173.3 crore last year.
The export of spices during April-February 2010-11 has exceeded the target in terms of both quantity and value. Compared to the spices export target of 4,65,000 tonnes, valued at Rs.5,100 crore ($1,125 million) fixed for the financial year 2010-11, the export of 4,71,165 tonnes, valued at Rs.6,030.74 crore ($1,323.28 million) during April-February 2010-11 is 101 per cent in terms of quantity and 118 per cent in rupee and dollar terms of value.