Tag Archives: Spices of India

Agri Commodities Spices

Indian Organic Spices – Global Market, Drivers, Size

Indian Organic Spices

Spices have been traded since ancient times and India has been at the helm of this trade. It all started with Portuguese navigator Vasco de Gama making the first sea voyage from Europe to India in 1498 and opening up trade routes. At present, India grows more than 60 different kinds of spices and produces 60 lakh MT, of which 11 percent is exported to more than 150 nations. Today, the country is the largest exporter of spices followed by Vietnam and China. The exquisite taste, aroma, texture and medicinal properties of black pepper, cardamom, cumin seed, mustard seed and fenugreek are nurtured mostly in small land holdings and organic farms in the country.
In FY 2020, the Indian organic spices market stood at 200 million dollars with an estimated CAGR of 11 percent over the next five years. This buoyant growth rate is mainly being driven by the increasing awareness among end-users about the harmful effects of chemicals, pesticides and additives on health.

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Agri Commodities Spices

Spices Importing Countries from India: Overview

Spice Importing Countries

India – known as the land of exotic spices – has a well-documented trading history with many civilizations of the world since ancient times. The earliest trade routes connected the country with Europe, the Middle East, and the rest of the world and have been in use for centuries.

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Agri Commodities Spices

Impact of Covid-19 on Spices Exports

Impact of Covid-19 on Spices Exports

The outbreak of corona has impacted the demand and supply industry. The borders of the countries were closed, which concluded in high demand and less supply. This situation affected almost every industry in the world. However, Covid-19 also brought in opportunities for various industries, including Spices Industry. Considering the ill-effects of corona on a person’s health and in order to increase a person’s immunity, numerous Health Experts worldwide suggested adding some specific spices to the meal. This boomed up the demand for Spices worldwide, which eventually boosted the Spices Industry in many good ways. Indian Spices Industry, being the largest exporter of Spices in the world, was impacted hugely by the pandemic, thankfully in a positive manner.

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Agri Commodities Spices

Top 5 Spice Producing Countries During 2020

Spice Producing Countries

Spices are the agri-commodities which are not only essential for food but also very high in demand internationally. There are huge markets for spices worldwide where importing and exporting Spices is a remarkable business for evaluators, importers, Spice Exporters, and manufacturers.

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