India exported 54,482 ton of coriander in 2022-23, up 12%, the data showed. Exports of cumin declined 14% on year to 186,509 ton in 2022- 23, while turmeric exports rose 11% on year to 170,085 tn. Garlic exports rose 159% on year to 57,346 ton in 2022-23.
While exports of most spices fell, those that registered a rise included turmeric, garlic and coriander. However, in value terms, exports rose 4.7% to 317.6 billion rupees in 2022-23. India's export of spices in the year ended March declined 8.3% on year to 1.4 million ton, according to data from the Spices Board India. However, higher production kept gains under check. Coriander futures incher higher as well on export demand. In the meantime, jeera futures too rallied, hitting fresh record highs on fall in production. Amidst firm export demand, concerns over crop this season bolstered the yellow spice. Sentiments were sanguine in the spices complex on NCDEX on Monday with turmeric hitting multi-tear highs.