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Spices Exports from India 2023-24  - An analysis. India is one of the largest exporters of spices in the world. The country offers a wide range of spices that are known for their quality, aroma, and flavor. Here is an overview of the spice export scenario from India for the fiscal year 2023-24: Key Spices Exported Black Pepper Chili Cumin Turmeric Cardamom (Small and Large) Key Factors Driving Exports: Quality and Variety: India produces a wide variety of high-quality spices. Government Initiatives: The Indian government supports spice exports through various schemes and incentives. Global Demand: Increasing demand for Indian spices in international markets. Certification and Standards: Adherence to international quality standards and certification (ISO, HACCP). Challenges Quality Control: Maintaining consistent quality and meeting international standards. Climate Change: Impact on spice cultivation due to changing weather patterns. Pest and Disease Management: Ensuring pest-free and disease-free produce. Logistics: Efficient supply chain and transportation to meet global demand. Export Statistics (Hypothetical Data for 2023-24) Total Export Volume: Approximately 1.2 million tonnes. Total Export Value: Estimated at USD 3.5 billion. Top Exported Spice: Chili, followed by cumin and turmeric. India continues to be a dominant player in the global spice market, leveraging its rich heritage, diverse climate, and advanced agricultural practices to meet the growing international demand for spices.

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Bhim Nath

National Business Development Manager-India, Sri Lanka and Middle East at Nespoli Group

7mo

I agree!

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