Spices Like Coriander, Red Chilli And Turmeric.
Spices Like Red Chili, Turmeric And Coriander
Spices like cardamom, chillies, maize, sunflower seeds
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Black Cardamom, Dry Red Chili, Rubber Wood, Cordycep, Rubber Wood Finger Joint, Floor Heating Cables Products
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Red chilli is one of the most dominant and sustainable products in the spice market. It belongs to the Genus Capsicum family and is widely used across global cuisines to add heat and enhance flavour. With over 3,000 varieties found worldwide, some of the most well-known types include Carolina Reaper, Bhut Jolokia, Guntur Chilli, Kashmiri Chilli, Byadgi, Jwala, and Dalle Khursani.
Red chilli is a staple spice in numerous cuisines and is highly consumed in India, the USA, UAE, Vietnam, China, and Saudi Arabia. Apart from its culinary significance, red chilli offers multiple health benefits, such as reducing inflammation, boosting immunity, and aiding digestion. These factors contribute to its consistently high global demand.
The global demand for red chilli continues to grow, with India leading as the top producer and exporter. While red chillies originally came from Mexico, India now dominates the international spice trade, accounting for 35-40% of global exports. With 2,205 export shipments, India significantly outperforms competitors like Pakistan (43 shipments) and China (25 shipments).
India’s Red Chilli Export Data for 2023-24 and 2024-25
Who is the largest exporter of red chillies?
India is the largest producer, consumer, and exporter of red chilli, leading with 2,205 export shipments, far ahead of Pakistan (43 shipments) and China (25 shipments).
What is the export value of red chilli?
The estimated export value for FY24 is around USD 1.31 billion, with India being the top exporter.
Which countries import red chilli from India?
The top importers of Indian red chillies include the USA, Canada, UK, Australia, Vietnam, UAE, China, and Pakistan.
Is the red chilli business profitable?
Yes, the red chilli business is highly profitable, as it is one of the most versatile and in-demand spices globally. Current market data suggests that red chilli exports can yield a profit margin of 8-10%.
Red chilli stands out as one of the most climate-resilient and profitable spices in the global market. As climate change continues to impact agriculture, red chilli remains a stable and sustainable option for farmers and traders. With its widespread use in global cuisines and numerous health benefits, red chilli presents a lucrative opportunity for suppliers looking to expand in the spice industry. Now is the perfect time to invest in this thriving market.
