• Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
Wednesday, May 25, 2022
No Result
View All Result
SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home Business

Spices export grows 15% in Apr-Aug on increased demand

by The Outlooker Web Desk
November 13, 2020
in Business
0
Spices export grows 15% in Apr-Aug on increased demand
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

The spice which recorded the maximum growth in terms of quantity and value was small cardamom.

Indian spices witnessed a substantial increase in exports, both in volume and value, because of increased demand for immunity boosting spices, despite constraints of the pandemic-related lockdown. Increased shipments of chilli, cumin and turmeric helped spices exports grow 15% year-on-year in volume terms during April-August 2020, state-run Spices Board said on Friday.

The value of exports increased 13% to Rs 10,001.61 crore during the period, against Rs 8,858.06 crore reported in the corresponding period last year.In dollar terms, the value of exports reported a 4% increase to touch $1,326.03 million.

The total export of spices rose to 5,70,000 tonne in terms of quantity during April-August 2020, against 4,94,120 tonne in the year-ago period. Chilli continued to be the most exported spice with a shipment of 2,10,500 tonne,fetching Rs 2,876 crore. Cumin followed next with a shipment of 1,33,000 tonne valued at Rs 1,873.70 crore, registering a 30 % and 19 % increase in volume and value terms, respectively.

The spice which recorded the maximum growth in terms of quantity and value was small cardamom. During the first five months of the current year, 1,300 tonne of cardamom (small) valued at Rs 221.50 crore has been exported, against 400 tonne worth Rs 55.69 crore during the same period of last year.

Ginger registered a remarkable growth of 107% in quantity by shipping 19,700 tonne, globally. A total of 79,000 tonne of turmeric valued at Rs 704.10 crore was exported all over the world. registering a 37% growth in quantity and 35% in value terms.

Export of fenugreek, coriander and other seed spices such as mustard, aniseed,dill seed, etc, grew substantially, contributing to the spices export basket, board sources said.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

The Outlooker is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
Chhath Puja Ban In Delhi: “Failure Of Government”

Chhath Puja Ban In Delhi: "Failure Of Government"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Delhi Positivity Rate Falls To 13% From 16.3%, Cases Down 19% To 9,197
National

Coronavirus India LIVE Updates, Coronavirus Cases Today, COVID 19 Cases In India, Omicron Covid Cases, India Covid Cases May 25

May 25, 2022
Global Markets: Stocks slump on growth concerns, bond yields slip
Business

Global Markets: Stocks slump on growth concerns, bond yields slip

May 24, 2022
Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police
National

Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police

May 24, 2022
Coal India To Open Big, New Mine This Year To Fight Power Crisis
National

Coal India To Open Big, New Mine This Year To Fight Power Crisis

May 24, 2022

Connect with us

No Result
View All Result

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Movie
  • Music
  • National
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • Coronavirus India LIVE Updates, Coronavirus Cases Today, COVID 19 Cases In India, Omicron Covid Cases, India Covid Cases May 25
  • Global Markets: Stocks slump on growth concerns, bond yields slip
  • Tamil Nadu BJP Leader Balachandran Hacked To Death In Chennai: Police

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.