22 per cent increase in spices export

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Kochi, Oct 30 (UNI) The spices export has touched 219,640 tonnes valued at Rs 2,100.34 crore (514.10 million dollars) for the first six months of the fiscal, recording an increase of 22 per cent in quantity and 29 per cent in value.

According to an official release here today, from April to September, spices like pepper, cardamom (large), chilli, coriander, fennel, fenugreek and other miscellaneous spices performed better compared to the same period last year.

While the value-added spices, curry powder, spice oils and oleoresins and mint products had also done better, the trade of some of the items like cardamom (small), ginger, cumin, celery, garlic and vanilla fell short of last year's performance.

During April-September 2007, 17,000 tonnes of pepper worth Rs 245.43 crore, which was higher by 37 per cent in quantity and 126 per cent in value of last year same period achievement of 12,450 tonnes and Rs 108.66 crore. During the period, Indian pepper had become more competitive in the international market as compared to other major producing countries like Vietnam, Indonesia and Malaysia.

In the first six months, 100,000 tonnes of chilli worth Rs 549.25 crore were exported. The demand from the traditional buyers like Malaysia, Sri Lanka, Indonesia and Bangladesh were on the rise. The export of Chilli accounted for 46 per cent in terms of quantity and 26 per cent in terms of value of the total export of spices from India.


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