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India spice exports drop 6% in April-December

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India’s spice exports fell by 6.26 per cent to 6,03,885 tonnes during April-December 2015-16 on sharp decline in shipments of spice seeds and cumin.

But in value terms, the spices exports increased to Rs 11,453.99 crore in the first nine months of 2015-16 from Rs 10,580.53 crore in the year-ago period.
“The value of exports has registered an increase of 8 per cent because Indian spices continue to be much sought after overseas. However, there has been a dip of 6 per cent in terms of volumes, primarily due to the decline in the export of spice seeds,” Spices Board Chairman A Jayathilak said in a statement.