India's spices exports marginally declined by 1% to $1.15 billion in the April-June quarter, primarily due to a 29% drop in chilli shipments, the largest spice export in terms of value and volume. Sluggish demand from China and Bangladesh contributed to the decline, with chilli exports falling to $265 million. Despite this, other spices like cumin, turmeric, and cardamom performed well, offsetting the drop. Cumin exports rose 13% in value, while turmeric surged 44%, despite a decline in v...
Chilli Export Slump Drags Overall Spices Exports Down to $1.15 Billion Despite Strong Performance in Cumin and Turmeric by Amit Gupta, Kedia Advisory