Export Performance of Major Spices From India

Abstract

Indian spices have much popularity for their taste and flavour in both domestic and newlineforeign markets. The foremost aim of the present study is to disclose the growth and newlineinstability under area, production, yield, export volume and value of selected spices in India. newlineComposition and direction of trade and projection of quantity export of selected spices from newlineIndia was analysed using Markov Chain. Revealed Comparative advantage was calculated to newlineknow the export performance of selected spices in global market. Multiple regression was use newlineto find out the factors influencing export of selected spices from India. Garret s Ranking newlineTechnique was used to identify the problems faced by exporters in export of spices from newlineIndia. The study revealed that cumin (5.40%), coriander (3.16%), turmeric (1.70%), ginger newline(4.61%), fenugreek (8.70%) and pepper (-3.82%) had significant growth in area during study newlineperiod (1999-00 to 2017-18). Whereas, chilli (3.64%), cumin (9.97%), coriander (6.63%) newlineturmeric (3.69%), ginger (8.45%) and fenugreek (8.88%) had significant positive growth in newlineproduction at national level. Export quantity and value of chilli, cumin, coriander, turmeric, newlineginger, fenugreek and pepper was found significant positive growth. Vietnam was most newlinereliable market for chilli and cumin export, Malaysia was stable market for coriander and newlineturmeric, Saudia Arabia, Srilanka and U.S.A were stable markets for ginger, fenugreek and newlinepepper respectively. Export projections of selected spices had shown positive trend. Spice newlineBoard of India and other organisations were taken up many promotional initiative for spice newlineexport. Chilli, cumin, coriander, turmeric, ginger and pepper were enjoyed the positive trend newlineof comparative advantage in international market in exports. International price, domestic newlineprice and production of chilli, cumin and coriander were showed positive influence on export newlinefrom India. In case of turmeric, fenugreek and pepper domestic price showed negative effect. newlineExporters opined that difficulty to meet international mark