Decline in export of spice seeds have made a dent on India’s spices exports in terms of volume during April-December 2015.
There was a six per cent drop in export volume of spices and spice products, as the figure stood at 603,885 tonnes compared to 6,44,269 tonnes in the corresponding period of the previous year.
However, exports in value terms registered an eight per cent rise touching ₹11,453.99 crore ($1,770.86 million) and a two per cent growth in dollar terms.
The increase was mainly due to large shipments of pepper, cardamom and chilli, a press release said.
Thus the country could achieve only 82 per cent of its full year export target of ₹14,014 crore (₹2,260 million) set for the first nine months of the fiscal 2015-16.