Supply shortage dips pepper, overall spice exports increase

Written by Commodities Bureau | Kochi, Aug 29 | Updated: Aug 30 2008, 08:18am hrs
The shortage of pepper has seen exports drop down during the first four months of 2008-09, while chilli exports recorded a marginal fall in terms of value. However, the total exports have shown an increase for the same period. The cumulative export of spices during the period of April -July 2008 is estimated as 185,255 tonne valued at Rs 1835.29 crore ($ 437.10 million) as against 161,577 tonne valued at Rs 1,525.47 crore ($ 372.42 million) in the corresponding period of last year.

Compared to 2007-08, exports have shown an increase of 15% in terms of quantity and an increase of 20% in rupee-value and 17% in terms of the dollar. During April-July 2008, the export of pepper has been 9,500 tonne valued Rs 160.55 crore, as against 12,050 tonne valued Rs 173.17 crore of last year. The average export price of pepper has gone up from Rs 143.73 per kg in 2007 to Rs 169 per kg in 2008.

During the same period, India exported 80,500 tonne of chilli valued at Rs 413.18 crore.