ARTICLE 2 #Spices Prices

Cumin, Isabgol and fennel seeds were among the ₹3995 crore worth of spice seeds that were exported from Mehsana in Gujarat during financial year 2024-25.Of the total exports, 25 per cent of the spices was shipped to China and an additional 16 per cent made its way to Bangladesh, figures shared by the Gujarat government stated. The same year 10 per cent of the total exports were to the United Arab Emirates (UAE), five percent to the United States and an additional four percent to Morocco.

Despite India being the world’s largest cumin exporter, robust export figures (up ~39.6% year-on-year to 212,502  tonnes in April–March 2025) haven’t translated into price strength due to subdued new demand and abundant stocks. Farmers hold around 20 lakh bags, but only 3–4 lakh are expected to be traded this season, leaving 16 lakh bags to carry forward—creating continued downward pressure.