The recently released data by the Spices Board reveals that the export of various spices from the country witnessed a decrease of approximately 8% in the fiscal year 2022-23. However, despite the decline in quantity, there has been an improvement of about 5% in the revenue generated due to comparatively higher prices.
The latest figures from the board indicate a significant increase in garlic export quantitatively during the reviewed fiscal year. Additionally, the export of coriander and turmeric has also shown growth. However, the export of dry ginger, fennel, carom seeds, and small cardamom has experienced a decline.
| Spice | Quantity (tonnes) | Revenue (billion) |
| Garlic | 57,346 | 245.79 |
| Coriander | 54,481 | 665.01 |
| Turmeric | 1,70,085 | 1,666.99 |
| Ginger | 50,884 | 432.46 |
| Fennel | 21,200 | 314.37 |
| Red Chilli | -7% | – |
| Cumin | -14% | – |
| Black Pepper | -18% | – |
| Tamarind | -11% | – |
| Large Cardamom | -5% | – |
| Fenugreek | +8% | – |
The export of red chilli declined by 7 percent, cumin by 14 percent, black pepper by 18 percent, tamarind by 11 percent, and large cardamom by 5 percent. On the other hand, fenugreek exports increased by 8 percent.
These figures indicate a mixed performance in the spice export sector, with variations in quantitative exports and revenue generation across different spices.
Import/Export Statistics
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