ARTICLE 4

the development underscores the need for India to focus on quality differentiation, branding, and value-added spice products. Market analysts suggest that India still holds significant advantages, including established trade relationships, diverse spice varieties, and a strong reputation for quality.

The higher growth in export volume compared to value suggests increased shipment quantities, while moderate value growth reflects price trends and global market dynamics during the year. The Spices Board highlighted that the performance demonstrates the resilience of India’s spice sector and its expanding footprint in international trade.

Analysts note that while rice exports can bring economic benefits and help stabilize global rice prices, ensuring high quality and efficient distribution will be key to maintaining Indonesia’s reputation in international markets.