The Hindu Business Line : Spices export rises 44% in April

Kochi June 10 During April 2007, the country exported 38,972 tonnes of spices and realised $78.99 million in foreign exchange (Rs 333.03 crore). This was an increase of 44 per cent in quantity of 27,209 tonnes of April last year, 61 per cent growth in rupee realisation (Rs 206.56 crore) and 72 per cent in dollar returns.

Chillies

Chilli contributed the highest in earnings at 38 per cent, followed by spice oils and oleoresins at 36 per cent and pepper at six per cent. Compared to April 2006, export of pepper, cardamom, chilli, coriander, fennel, fenugreek and other seed spices such as aniseed, mustard, nutmeg, mint products, spice oils and oleoresins and other spices such as tamarind, asafoetida were higher in both quantity and value, a press release issued here has said.

All other spices have shown a decline in both quantity and value, other than curry powder exports, which have shown an increase in value alone.

During April 2007, chillies export was 22,000 tonnes (6,644 tonnes) valued Rs 126.50 crore (Rs 30.11 crore), registering an increase of 231 per cent in quantity and 320 per cent in value. Pepper exports amounted to 1,600 tonnes (1,575 tonnes) valued Rs 20.64 crore (Rs 13.18 crore). Cardamom (large) export grew to 200 tonnes (73 tonnes) valued Rs 2 crore (Rs 0.83 crore), registering an increase of 173 per cent in quantity and 142 per cent in value.

Export of coriander was of the order of 2,100 tonnes (1,657 tonnes) valued at Rs 7.24 crore (Rs 6.13 crore). Export of fennel was at 750 tonnes (334 tonnes) valued Rs 4.12 crore (Rs 1.86 crore). Fenugreek exports grew to 1,500 tonnes (546 tonnes) valued Rs 4.12 crore (Rs 1.77crore). Mint exports grew to 1,200 tonnes (997 tonnes) valued Rs 81.60 crore (Rs 54.28 crore). Export of spice oils and oleoresins was up at 455 tonnes (450 tonnes) valued Rs 39.13 crore (Rs 38.11crore).

Against the export target of 3,80,000 tonnes valued Rs 3,600 crore ($875 million) for the current fiscal, the achievement of 38,972 tonnes valued Rs 333.03 crore ($78.99 million) during April 2007 accounts for 10 per cent of the total quantity and nine per cent of the value, the release said.

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