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In the first quarter Spices export increases by 35%

In the first quarter, Indian spice exports increased by 35% of the fiscal year 2017-18 mainly because of large shipments of Chilli.

In April-June 2017, in comparison with the same time period of the last fiscal year, the total exports of spices reached to 306990 tonnes from 227938 tonnes.

With a shipment of 133000 tonnes, during the first quarter of FY 2017-18 Chilli became the most exported spice.

For quality spices in global markets, Chilli has been the most demanded Indian spice and has fulfilled the increasing international demand, said by the Spices Board chairman A Jayathilak. Moreover, Board is trying to promote garlic have resulted in substantial increase in its exports.”

In both quantity and value, a spice that has shown growth is Garlic. In the overall spice exports, Garlic had a major contribution when seen in terms of quantity during the period and rose 169%. By quantity, there has been seen a hike of 92% in exports of Fennel. Also in quantity other seed spice namely mustard, aniseed and dill seed; there is a rise by 83% of exports.

A panel launch from Spice Board informed that a rise in the requirement for prepared and value-added spices or herbs led to an increase in the exports of curry powdered and pastes, besides spice oils and oleoresins. These made up a huge number in the spices trade pie of the first quarter of the existing financial year.