Product Profile: Spices

TPCI-IBT-Business-Perspectives

India, contemporarily known as the home of spices, has a long trading history with ancient and medieval civilizations of the world. Ancient trade routes connected India with Europe, Middle East and the rest of the world exists as a testimony to world’s preference for Indian spices since ancient times. Indian spices are known for its exquisite aroma and medicinal properties. Moreover, India has the world’s largest domestic market for spices.

India’s Present Scenario

Presently, India is the world’s largest producer, consumer and exporter of spices. It produces about 75 of the 109 varieties of spices listed by the International Organization for Standardization (ISO) and accounts for half of the global trading in spices. Top spices produced in India include pepper, cardamom, chilli, ginger, turmeric, coriander, cumin and others. Kerala is the topmost spice producing state in India and is also the largest producer of Pepper and Cardamom. The top importers of Indian spices in 2017 were: Vietnam, USA, Malaysia, Thailand, Sri Lanka, UAE and UK.

India has remained the topmost world exporter of spices throughout, followed by Vietnam and China. India’s spice exports accounted a phenomenal 16 per cent CAGR (10 years). In terms of value, the top spices exported by India in 2017 at HS-6 digit level were Chilli, Cumin Seeds and Turmeric. The individual yearly growth rate of these spices were also the highest, among the top spice product exports of India in 2017 (as per value terms). The top imported spices in the world in 2017 were Whole Pepper (USD 2.2 billion) and Capsicum (USD 1 billion). India was the fifth largest exporter of Whole Pepper in 2017.

USA was the largest world importer of spices in 2017, followed by Germany and Vietnam. India was the largest exporter of spices to USA, preceded by Vietnam. The top export of India to USA was crushed or ground pepper. Countries such as Germany and France largely imports Vanilla, followed by Pepper.

However, despite having a steady potential in exports of Pepper, India has been unable to tap it as the countries import pepper mostly from Vietnam, Indonesia and Brazil. Indigenous Spices of India, of which the global imports has increased at a steady rate in terms of CAGR (2013-2017) were Ginger (15 per cent), Cumin Seeds (26 per cent) and Turmeric (17 per cent).
PointIndias Export to USA copy 11

Of the top world importers of spice, India’s export share is largest for Saudi Arabia, followed by USA.  Vietnam, which is the second largest world exporter of Spices, imports Capsicum and Cumin seeds from India in large quantities.

Future Prospects:

The population in India is surging and the increasing consumer expenditure on food explains the swelling demand for food in India. Accordingly, the demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. According to a report of a leading market research firm in India, the revenues from the Indian market are expected to expand to around USD 18 billion in FY’2020. The highest contribution to this growth is expected to come from the spice mixes and blended spices. Spices, being the flavoring agents have always seen a stable growth and is expected to grow consistently.

Comments

  1. These facts motivate me to seriously think about importing spices from India to Palestine but I need to know more details about the import regulations. Capsicum

    • Hello every one!
      Anyone knows about the best spices export company in India please?

      • hi sir how are we are manufacturer and exporter of spice please contact me on +919716554595 my number is on whatsapp also

        • Sir can you provide me different peppers like pink red pepper and iranian and middle east spices

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          • Sir If u need any support from india do call me on 9724062889 Vardhmancorporation or mail me on vardhmanmasala@gmail.com

          • We are supplier of spices from India

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          • Hellow Gabriella we are dealing with all kinds of spice purely Indian origin .Hence Indian spices are highly aromatic,flavours and high medicinal value.Warm welcome and ping me: +91-7200282940

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          • Hey Gabriella,
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          • We are spice exporters from the land of spices kerala. Pls contact +918157880001 or aniniexim@outlookcom

          • Please contact-+91-8983498005

          • From which country u from?

          • Exporter of spices and agro comodity

        • Hi! Anurag. I would like to import herbal supplements from India. Can u contact me on WhatsApp +14805533733.

          • What all herbal supplements u require, I can

          • Herbihouze, we are in natural Herbs, in our own brand and if you want can give in your brand. Please Whatsapp me ur requirements. +919820736886

      • Hello Sir,
        We are having spices and curry powder company in UAE and India. We can export from anywhere however you want. Please contact: 0091 8129295535 Vaishag Ravindran. You can contact me on whats app as well. Thank you.

      • Hi,
        Please, email me your requirement at Faizan.dhc@gmail.com

      • Hi Ibrahim we are about to start this. Please let me know if you’re interested to join in. My whatsapp number -9810021453

      • www. germanfoods. in

      • Hi Ibrahim,
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      • Ya Vardhman corporation call me on 9724062889 or mail me on vardhmanmasala@gmail.com

      • Yeah you can tell us about the requirement of your product. Hope to give you a best price and quality.

      • Yes, my company serve as the one spices company

      • visit clerbulk.com for the one spot export solution which provides you very unique export-import services

      • Dear sir . my compnay wiztel international doing exporting indian spices please whtsaoo me +919995625632

      • Yes we are supplier of spices from india

      • Hey we are prominent dealer in spices you can contact us at 8826116768

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      • Warm greeting from ABEL Trades Hub.Sir regarding spices its about quality,quantity with reliability we deal with purely Indian origin spices.Kindly ping me +91-7200282940.

      • hello sir,
        we are manufacturer and exporter of spices, herbal products, fruit powderts etc. please contact me on +919099767650 is my number. you can do whats app on this same no.

      • You can contact us. sandeep@creativebuffs.com

      • We r exploring export of following spices from INDIA. Pl contact us thru Watsapp or thru mail.
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      • Plse what’s app 9398714467

      • Anini Exim from Kerala. Best quality and best price
        You can reach aniniexim@outlook
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      • REICH INTERNATIONAL
        contact-+919712475979
        or mail at reichinternationals@gmail.com

        • Atten: Sir/Madam,
          There is an order to supply these below for Domestic projects Use with the following Target Prices. If you can supply them with good quality, reply so that I will give you the full Supply Terms, quantities and specifications details.

          (1) Turmeric powder Target price $7.00 per 500 gram each
          (2) Red Chilli Powder-Target Price: $9:00+- per 500gm Each
          (3) Garlic Powder – Target Price: $10.00 per pack.
          (4) Clove Seeds Target price $5.00 per 500 gram each
          (5) Jaggery powder Target price $11.00 per kg each
          6) Moringa powder Target price $8.00 per kg each
          (7) Tea-Target Price: $10:20+- Per Kg Pack
          (8) Ginger Powder – Target Price: $11.10 per pack.

          Their Payment terms are 80% Advance supply payment to start productions, while 20% balance will be paid when the products are ready and before shipment. Reply For Full Details and Specifications

          Thank You
          Mr. Daniel Kwame
          Email:Daniel.kwame909@gmail.com
          Mobile/Whatsapp: +233 550 121 980

      • Hello sir,
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        My contact: +393488104190/ +91 8983878778.
        Mail: shreynikworld@gmal.com

      • EOS World is a Spice company based in India – +91-8983498005

      • We are manufacturers and exporters of whole spices and spice powders. Visit http://www.sabeelfoods.com call +919867529661

      • Hi Ibrahim,

        I can assist you with your requirement in Indian spices. Kindly let me know what exactly your requirement is and it’s quantity.

        Awaiting your reply on my email ID samirkarnik10@hotmail.com

    • Hi,My name is karthikeyan.k from tamilnadu and we are suppling spices,vegetable,coconuts across tamilnadu around 4 years in an unorganised way and we are planning for exports of vegetables,spices and coconuts.Kindly contact us.-09865619731

    • contact on info@bdexpl.com
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      visit :- http://www.bdexpl.com

    • we are manufacturer and exporter of dehydrated garlic, ginger and onion product
      infi@germanfoods.in
      whatsapp num – +91-9409296380

    • Hii… contact me i will help you to import spices from india…

    • We manufacture powder chicken masala, seekh masala. Mattun masala.

    • Hi Ibrahim,

      hope you are doing well. We supply very good quality of spices. You may please contact me on my cellphone no given below.

      Thanks
      Arjav Parikh
      +919920671286(what’s app no)
      Email id: parikh.arjav@gmail.com

    • Pls reach out at 9819381810 (whatsapp)

    • Herbihouze +919820736886 regarding spice import u need to check what certificates and reports is required in ur country. Indian customs formalities our company will handle.
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  3. Hey , I am one of the export company dealing with all the spices in India to know more contact me on +91 9431356247(WhatsApp)

  4. Sir
    I am willing to do export business. I have obtained iE code APEDA registration GST Bank account etc.
    I am looking for a good buyer. pL help.
    sincerely
    K Manavalan
    Max Global traders
    mgtmana@gmail.com
    09443111332

  5. we are fully concentrating in spice and food items
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  6. We are exporter of many kind of spices. We have dehydrated onions and garlic also. Kindly contact us for more product details.

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    Regards

  7. Hi we are suppliers in the Indian Spices. Please feel free to reach at our Email address: fmcg.opulence@gmail.com
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  9. I am dealing in spices in india, coarse n powdered form n all whole spices, with my own addition of homemade readymade spices also.

  10. hello
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