Thursday, September 25, 2008

Pepper Export Decline - Sep 25, 2008

Kochi: Spices exports from the country have increased in volume and value during first five months of the current fiscal. During April-August period, spices exports was increased by 12 per cent in volume to 2,23,050 tonnes, while export realisation was increased 16 per cent to Rs 2,265.22 crore. There was nominal attrition in volume and value of spices exports during the month of August. While volumes declined by four per cent to 35,555 tonnes, the total value realised declined by a percent to Rs 417.28 crore. Meanwhile, the value realisation in dollar terms fell by six per cent to $97.19 million
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Despite a increase in unit value realisation, export of pepper declined to 11,250 tonnes and the value fell to Rs 190.65 crore. The unit value realised has, meanwhile, risen from 144.97 to Rs 169.47 a kg There was nominal growth in chilli exports to 96,500 tonnes, which got Rs 509.18 crore. The export of coriander seeds during the period increased sharply to 14,250 tonnes valued at Rs 95.25 crore, recording a 32 per cent growth in volume and 135 per cent growth in value. The unit value realisation has also increased from Rs 37.47 to Rs 66.84 a kg. Cumin seed exports also gained reporting 157 per cent in quantity to 21,250 tonnes and 152 per cent in value to Rs 214.73 crore


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