Yemen is home to the world’s largest spice market. Over 500,000 metric tons of Indian spices are imported every year from India. India is a major exporter of spices in the world, and it has been exporting its spices to Yemen for many decades ago. There is a growing demand in Middle East countries such as Saudi Arabia and United Arab Emirates (UAE) for Indian spices. Here are five types of spices exported from India to Yemen:
Spices were not only used as flavorings or food preservatives, but they were also used in religious ceremonies, cosmetics and embalming fluids, and even medicines and alternative remedies since ages (for example, cinnamon was once thought to cure the plague). This made spices highly sought after by people all over the world, and many wanted to get their hands on them at any cost. The result? The Spice Trade was born!
India is the largest exporter of spices in the world. The traders export spices from India as it has been growing at a rapid pace during the last few years. The demand for Indian spices has increased significantly in foreign markets like the USA, Europe, Middle East and Africa. The demand for Indian spices is on a rise due to its rich aroma and taste.
The global export of black pepper is estimated to increase at a robust CAGR of 2.7% during 2017–2022. Geographically, India and Vietnam are the two leading exporters of black pepper in the world. In 2016, these two countries accounted for nearly 60% of worldwide black pepper exports.
India is the world’s largest producer of spices. The country produces 70 percent of the world’s ginger, turmeric, and chilies and 65 percent of its dry onions, according to the latest data from the Agricultural and Processed Food Products Export Development Authority (APEDA).
The global spice market is driven by the increasing popularity of Indian cuisines in Europe and North America with a growing Asian immigrant population. The growth prospects look good, however, traders may face a few procurement challenges while buying bulk spices and establishing themselves in the market.
India is one of the leading producers of different types of herbs and spices. Did you know that pepper, cardamom, turmeric, ginger, cumin, fennel, fenugreek, tamarind, and vanilla are some of the major whole bulk spices exported from the country? The top ten destinations of Indian bulk spices in the financial markets are the US, China, Vietnam, Hong Kong, Bangladesh, Thailand, UK, UAE, Malaysia, and Sri Lanka.
Indian spices have always been in demand due to their aroma, texture, color, and medicinal properties. The country is a major producer and exporter of spices. Out of the 109 different types of spices listed under the International Organization for Standardization (ISO), India is known to produce as many as 75 varieties. Some of the spices that are majorly exported from India include turmeric, pepper, cardamom, cumin, coriander, vanilla, and tamarind.
India is the land of spices. The country comes with a wide range of climates and topography and is able to produce as many as 75 varieties out of the 109 listed by the International Organization for Standardization. Indian growers traditionally follow sustainable agricultural practices attuned to the present-day organic farming concepts.
Spices feature among the most traded agricultural commodities in the world today. It is but natural that India, which is the world’s leading producer of spices, would be holding a position of prominence in this trade. The export of spices and condiments feature significantly in the total agricultural exports from the country. As per 2017-18 estimates, India exported approximately 10.28 lakh tonnes of total spices which were around 7.98 % share of total exports.
