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Low volume of spice exports concerns Indian exporters despite high prices

WHILE Indian spice exports increased by 29% in value terms in the first two-thirds of this fiscal year (April to November), some exporters are worried by the stagnation in terms of volume of exports. The total volume of spices exported in this period increased by only 1% compared with the same period in the previous fiscal year, with some spices registering declines. Indian spices reaped high prices this season not because of better quality, but simply because of tightening global supplies and lower export surplus in competing origins, some exporters say... Read More

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