Spices exports earn 15 pc more in value during April-November

Exports of spices during April-November 2010-11 increased by 6 per
cent in volume terms and 15 per cent in rupee value when compared to
the same period of 2009-10. In dollar terms, the rise was around 20
per cent, the Spices Board data showed.
And there was increased demand from abroad for chilli and turmeric in
November, helping the overall spices exports to maintain the good
momentum seen in the previous month.
In April-November, a total of 361,650 tonnes of spices and spice
products, valued at Rs 4,320.88 crore ($ 946.23 million), were
exported, as against 3,41,950 tonnes valued at Rs 3,770.10 crore ($
785.29 million) during the same period of 2009.

In 2009-10, a total of 5,02,750 tonnes of spices and its products,
valued at Rs 5,560.50 crore ($ 1,173.75 billion), were exported.

In the current financial year, exports of chilli, ginger, fennel and
garlic have shown an increase both in volume and value terms as
compared to April-November 2009. Exports of value-added products,
spice oils and oleoresin have also risen as compared to April-November
2009.

However, in the case of cardamom, turmeric, fenugreek and mint
products, the increase was in terms of value only. Pepper exports were
down by 17 per cent in volume for the eight-month period and only 4
per cent lower in value terms.
In April-November 2010, a total quantity of 11,500 tonnes of pepper,
valued at Rs 208.50 crore, was exported, as against 13,850 tonnes
valued at Rs 217.70 crore last year. The unit value of pepper has
increased from Rs 157.18 per kg in 2009-10 to Rs 181.30 per kg during
2010-11.

Chilli exports were up by 26 per cent in volume and 22 per cent in
value. During the period, a total quantity of 1,66,000 tonnes of
chilli, valued at Rs 1,020 crore, have been exported, as against
1,31,250 tonnes valued at Rs 835.03 crore during the same period of
2009. Turmeric exports rose to 500 tonnes in November when compared to
November 2009.

In April-November 2010, around 7,250 tonnes of ginger, valued at Rs
44.04 crore, was exported, as against 3,500 tonnes valued at Rs 27.13
crore last year. During the same period, exports of spice oils and
oleoresins also increased to 4,650 tonnes, valued at Rs 570.90 crore.