May 7, 2021 11:30 AM
Editorial content from Der AUDITOR
Spices / herbs

Spice market update: weak demand and high freight rates dampen trade

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.

 

This report contains:

- an exclusive market update on cumin, coriander and turmeric, chilli, black pepper and cardamom
- Price list with more than 70 prices for spices, nuts and herbs, pulses, dried fruit and oilseeds and cereals
price charts

 

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Der AUDITOR
Editorial content
News
Spice market update: coriander market experiences ups and downs
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
6/11/21
Spice market update: traders prompted to sell large volumes of chilli
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
6/4/21
Saffron: boost in export demand
TEHRAN. The prices for saffron have been slashed by more than 50% in recent years. Although producers in Iran are struggling with this development, the upside is that international demand has been boosted. Exports have, nevertheless, declined sharply in March/April.
6/2/21
Spice market update: cardamom farmers expect record crop
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
5/21/21
Saffron: spice is not expensive enough
TEHRAN. Although Iran’s saffron production has risen continuously in recent years and international demand is booming, the market should witness a turn this year. Problem is a mismatch in pricing. While prices have declined in the international market over the last two years, prices in the domestic market have remained firm and production costs have risen drastically. This results in the bizarre situation that while saffron is an absolute trend product in the international market, the farmers are lacking incentive to cultivate the spice.
5/21/21
Cumin: India loses market shares to Iran
TEHRAN. Competitive prices have prompted a sharp rise in green cumin exports in Iran. As average export prices are 30% down suppliers can easily compete with their colleagues in India. Much will, however, depend on political developments in the next few months as the lifting of US sanctions and the return of the US to the nuclear deal are crucial to exports.
5/20/21
Saffron: illegal smuggling is not the only problem
TEHRAN. Although Iran successfully stepped up saffron exports, much is left to be desired. Exports hit more than 322 mt in March 2020 through to March 2021, despite the sanctions. Performance may have, however, been much better. Suppliers emphasise that illegal smuggling activities are not the only problem, but that packaging is key to drive up sales.
5/6/21
Spice market update: pandemic has markets firmly in its grip
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
4/30/21
Spice market update: cardamom farmers fear for harvesters
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
4/23/21
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Harvest dates
Next harvest dates for Chili
Country
Start of harvest
Cameroon
6/15/21
Mexico
7/1/21
Turkey
7/1/21
Niger
7/1/21
China
7/1/21
Romania
7/1/21
Marokko
8/1/21
Poland
8/1/21
Benin
9/1/21
India
10/1/21
Find out more
Crop sizes

Crop sizes for Chili
Country
Year
Crop size
India
2019
1,605,160 mt
Indonesia
2019
1,214,419 mt
Bangladesh
2019
149,473 mt
South Korea
2019
78,437 mt
Sri Lanka
2019
60,593 mt
Bolivia
2019
3,372 mt
Mauritius
2019
1,981 mt
India
2018
1,718,200 mt
Indonesia
2018
1,206,750 mt
Pakistan
2018
148,114 mt
Find out more