Abstracts

Business, international

Search abstracts:

ACTION STATIONS FOR THE SPICE GUYS

Article Abstract:

India produces about 2.7 million tonnes of spices per annum. The country grows over 52 different types of spices. It exports an estimated 0.2 million tonnes of spices, which is 7 percent of its total production. The country exported 2,270 tonnes valued at Rs226.48 crore in 1997-98. (khr) --------------------------------------------------------- Spice Exports --------------------------------------------------------- Item 1996-97 1997-98(Estimate) Quantity* Value** Quantity Value --------------------------------------------------------- Pepper 47893 41231.84 34250 47956.75 --------------------------------------------------------- Cardamom 1628 1209.53 1450 1035.90 --------------------------------------------------------- Chilli 50051 20145.15 43450 14013.25 --------------------------------------------------------- Ginger 29737 5924.41 28550 6781.25 --------------------------------------------------------- Turmeric 23019 5844.61 24900 7510.00 --------------------------------------------------------- Coriander 12574 3136.58 20100 5441.25 --------------------------------------------------------- Cumin 6375 3437.80 12150 6089.50 --------------------------------------------------------- Garlic 4889 797.74 4000 760.20 --------------------------------------------------------- Oleoresins 2358 15901.21 2270 22648.00 --------------------------------------------------------- * quantity in tonnes ** value in Rs lakh ---------------------------------------------------------

Comment:

India: Country produces about 2.7 mil tonnes of spices per annum, producing over 52 different types of spices

---

A LITTLE PEP TALK TO SPICE UP EXPORTS

Article Abstract:

Pepper production in India is expected to be lower in 1998-99 at 80,000 tonnes. Exports from the country have been falling and in 1998 it was at 126,000 tonnes against 145,000 tonnes in 1997. Exports are likely to touch 136,000 tonnes in 1999. Despite Indian pepper having bright prospects in the global markets, it is danger of being edged out by newer entrants like Vietnam. China is also taking to pepper production in a big way. With more produce flooding the market, Indian farmers should be ready to accept a lower price than in preceding years. They can maximise their returns by adopting modern techniques of production. This includes the organic production of pepper which will fetch a higher price in international markets. Indian farmers can also work towards increasing productivity. (uh)(m)

Forecasts, trends, outlooks, Pepper, Piper nigrum

---

EXPORTERS TARGET 25% OF WORLD SPICE MARKET

Article Abstract:

India has exported spices worth US $364 million accounting for 23 percent of the world trade in 1997-98. The All India Spices Exporters Forum plans to increase exports by 2 percent to achieve a 25 percent share of world spice trade in value terms by the year 2000. The quantity of spices exports fell by 3 percent and value of exports increased by 10 percent in 1997-98. Pepper contributed the highest to the total exports of spices, as its unit realisation went up in 1997-98. Exports of spices in April- May 1998 was 36,735 tonnes valued at Rs276 crore against 54,488 tonnes valued at Rs282 crore in April-May 1997. (rk)

Comment:

India: Exports spices worth $364 mil, accounting for 23% of world trade, in 1997-98

Exports

Similar abstracts:

• Abstracts: HATSUN MILK FOODS: FROM THE INVESTORS' POCKETS INDIA POISED TO BECOME WORLD'S BIGGEST MILK PRODUCER KARNATAKA MILK FEDERATION: DEVELOPING THE DAIRY INDUSTRY
• Abstracts: RBI TAKES THE EXPORT ROUTE TO BOOST Re Re GETS POLICY PILL, BOUNCES BACK JALAN BLAMES IT ON ASIAN CRISIS
• Abstracts: LOW PRICE REALISATIONS STEALING THE CHEER OUT OF TEA COMPANIES. TEA BUSINESS POWERS EIIL AHEAD, PAT TRIPLES
• Abstracts: SBI BEATS EXPECTATIONS WITH 40% JUMP IN NET PROFIT SBI GILTS RECORDS Rs30.73-CR NET PROFIT
• Abstracts: TUBE INVESTMENTS POSTS FLATTER NET, PRUNES DIVIDEND TO 20 PER CENT TVS SUZUKI ON ROADS TO GLORY

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.