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India’s Spice Trade
Context
Hong Kong and Singapore recently recalled certain spice mix products of Indian brands over the presence of a higher than prescribed level of the sterilising agent Ethylene Oxide (ETO). Though, steps are initiated several measures to ensure that Indian spices comply with food safety standards, the Indian spice market has got impacted.
India’s Spice Market
- In 2023-2024, India exported spices worth USD 4.4 billion (nearly 14 lakh tonnes), which is 12.3% higher than the FY 2022-2023.
- Largest exported products (spice) in FY 2022-23: Chilli, spice oils and oleoresins, curry powder and paste, cumin, mint products, cardamom and pepper
- Production: Garlic, ginger and chilli were the top three spices produced in FY23.
- Important markets for Indian spices: China, Bangladesh, west Asian countries and the U.S.
Fact Box: About Spices Board of India
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