Indian Spice Exports Surpass USD 4B in 2021-2022

India's spice exports have crossed USD 4B in 2021-2022, and demand is projected to grow at a compound annual growth rate of 6.5%, providing an opportunity for exports. Indian exports account for 15% of total spice production. Spice exports account for approximately 10% of agricultural exports in India and 40% of horticulture exports.