#dry ginger hsn code

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Why Exporting Dry Ginger from India is Profitable and Find Reliable Buyers

For thousands of years, ginger has been treasured for its aromatic flavor and medicinal properties. This spice, originating in Asia, has been widely used in Arabic, Indian, and Asian herbal traditions. Today, it stands as one of the healthiest spices, packed with essential minerals and bioactive compounds that benefit the body and mind. The global demand for ginger has made India a major player in the market, especially for dry ginger exports.

In 2023, China, the Netherlands, Thailand, India, and Brazil were among the top ginger exporters, while the European Union, United States, Netherlands, Japan, and Pakistan were the biggest importers. Exporting dry ginger from India is a lucrative business opportunity, but the main challenge lies in finding reliable buyers. This guide will cover the reasons for the profitability of dry ginger export from India, important data insights, and strategies for locating dependable buyers.

Why Exporting Dry Ginger from India is Lucrative

India’s role as a prominent ginger producer and exporter, combined with rising global demand, makes dry ginger exports from the country highly profitable. The success of this business, however, depends on a few critical factors:

Growing Global Demand

In 2023, the dried ginger market was valued at $1.5 billion, with projections showing growth to $2.39 billion by 2030. This increasing demand presents a huge opportunity for exporters, especially from India.

India’s Dominance in the Spice Market

India is the world’s leading spice exporter, making it a prime source for high-quality ginger. The profitability of ginger exports aligns well with India’s established reputation and infrastructure in the spice industry.

Production Costs and Export Regulations

The cost of cultivating premium ginger, processing it, and meeting export regulations can impact profitability. However, the dry ginger export business offers substantial potential for those with a well-researched strategy that considers production expenses, regulatory compliance, and market trends.

Thorough analysis of these factors is essential to boost profitability in this sector. Conducting comprehensive research and gathering accurate, current data on dry ginger exports can enhance the likelihood of success.

Leading Ginger-Producing Countries Worldwide

The global ginger market is competitive, with several countries contributing to the production of this sought-after spice. India leads as the top producer, with Nigeria, China, Nepal, Indonesia, and Thailand following closely behind. Among these, India stands out as the largest producer, with an annual production of around 178,000 metric tons. This significant output positions India as a major force in the dry ginger export industry.

Key Ginger-Producing States in India

India’s ginger production is concentrated in a few major states. Madhya Pradesh leads with approximately 692,000 metric tons, accounting for over 31% of national production. Karnataka follows with about 306,000 metric tons, and Assam produces around 170,000 metric tons. These states play a crucial role in meeting both domestic and international demand for ginger, solidifying India’s position in the global market.

Dry Ginger Export Statistics from India

India’s impact on the dry ginger market is significant. As per dry ginger export data, India exported around 10,000 shipments of dry ginger, driven by over 1,065 exporters catering to 2,353 buyers worldwide. India holds the top position in global dry ginger exports, with its primary export destinations including Morocco, the United States, and the UAE. This dominance highlights India’s importance in meeting the rising demand for ginger across various industries, including food, pharmaceuticals, and herbal remedies.

Top Dry Ginger Exporting Countries and Market Shares

When it comes to dry ginger exports, Nigeria and China are India’s closest competitors. Nigeria holds a market share of approximately 22%, followed by China at 21.9%. India ranks third, with about 16.5% of global exports. Other countries like Germany, the Netherlands, Vietnam, and the United States also contribute to the global supply but in smaller quantities. India's strong market position makes it an ideal source for dry ginger, especially for buyers looking for quality and quantity.

Major Export Destinations for Indian Dry Ginger

India’s dry ginger exports reach various countries worldwide, with the top markets being Morocco, the United States, UAE, Saudi Arabia, Spain, Egypt, Germany, France, the United Kingdom, and the Netherlands. These countries rely on India’s ginger exports due to the spice's quality, consistency, and medicinal value. Although India’s dry ginger exports reached over $129 million in 2021, recent years have seen fluctuations in export volumes, emphasizing the importance of a reliable buyer network.

List of Top Dry Ginger Exporters in India

India has numerous dry ginger exporters, each contributing to the industry's growth. Some of the leading exporters include Jai Commercial Centre, 2win Enterprises, Shree Shyam Impex, Aaha Impex Pvt. Ltd, Priya Exports, Anantagriexports, Savaliya Agri Commodity Export Pvt Ltd, Apex International, Surendraray & Co, and Basil Food Export. These companies are among the most reliable in India’s dry ginger export industry, consistently meeting international demand with quality products.

How to Find Reliable Buyers for Dry Ginger Exports

Securing trustworthy buyers is essential for sustained success in the dry ginger export business. Exporters can benefit from data-driven platforms such as Eximpedia.app, which provides extensive insights on global dry ginger export trends, buyer information, and real-time data. Eximpedia offers an extensive database covering over 130 countries, including key markets like Bangladesh, Vietnam, the US, and Turkey.

Using such platforms, dry ginger exporters in India can gain valuable insights into demand patterns, market trends, and competitive pricing, enabling them to make informed business decisions. Eximpedia’s database also provides access to up-to-date export-import data, enabling exporters to identify reliable buyers and understand regulatory requirements for different countries. By conducting thorough research and using tools like Eximpedia, exporters can streamline their buyer acquisition process, enhancing their success in the dry ginger export market.

Final Thoughts

The global demand for dry ginger presents a lucrative opportunity for Indian exporters, given the country's dominance in ginger production. However, entering the export market requires careful planning, reliable data, and a strong buyer network. By leveraging platforms like Eximpedia, conducting market research, and staying informed on industry trends, Indian exporters can thrive in the international ginger market. With a comprehensive strategy, the potential for profit in the dry ginger export business from India is immense, catering to the growing demand worldwide.

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Cumin Seed Export: A Comprehensive Guide on Cumin Seed Export from India

Cumin, natively belonging to the parsley family, has its origins in Western Asia but has become a staple in Indian cuisine. Its unique aroma, flavor, and numerous health benefits have made it indispensable in every Indian kitchen. Interestingly, India and Iran are the primary producers of cumin. With India producing around 325,000 to 350,000 metric tons of cumin annually, it consumes 90% of its production domestically and exports the remaining 10% globally.

In 2022, India exported cumin seeds worth $497 million, primarily to the US, Bangladesh, and Canada. In this guide, we’ll explore the cumin seed exporters in India, cumin export destinations, ways to find cumin seed export data, strategies for cumin seed export from India, and more.

Production of Cumin in India

Overview of Cumin Production in India

Global cumin (jeera) production is around 2.2 lakh metric tons per year.

India produces approximately 1.5 lakh metric tons annually.

Rajasthan and Gujarat are the major producers, contributing 90% of India’s total cumin seed production.

Organic cumin seeds, cultivated without chemical fertilizers and pesticides, are in high demand in Western countries.

Cumin Seed Export from India: 2023-24

Cumin seed export from India have seen a compound annual growth rate (CAGR) of 14% over the past seven years due to increasing global demand.

Export Data Highlights

India exported about 1.84 lakh metric tons of cumin in 2023-24 and expects to export around 1.92 lakh metric tons in 2024.

Major importers include China, the USA, Vietnam, the UAE, and Bangladesh, accounting for over 60% of total cumin seed exports.

Top importers are the USA with 808 shipments, Bangladesh with 1,175 shipments, and Nepal with 494 shipments.

Key HSN codes for cumin seed export from India: 09093129, 09093190, and 09093200.

Top Cumin Seed Exporters in India

Leading Cumin Seed Exporters

Royal Spices

Yuvaraju Agro Impex

Viralspices.com

Badani Corporation

Dhaval Agri Exports LLP

ECO Exports

Surendraray & Co

Dharsini Exports

Wings Food and Chemicals Private Limited

Shri Shyam Index

For more details about these exporters, visit the cumin seed export data or jeera export from India section on the Seair Exim Solution website.

Top Exporting Spices from India

Apart from cumin, India is a leading producer, consumer, and exporter of various other spices. Here’s a list of the top spices exported from India:

Top Spices Exported from IndiaExport Value (2023-24)

Red Chilli $1.08 billion Black Pepper $1.18 billion Coriander $80.5 million Cumin $510 million Mustard $58.5 million Fenugreek $160 million Fennel $471 million Dry Ginger $1.5 billion Cardamom $225 million Turmeric $450 million

Trends in the Jeera Export from India in 2024

Market Trends and Insights

Favorable weather and increased sowing areas have led to record cumin production in Gujarat and Rajasthan, causing an oversupply.

Total production is estimated at 4.04 metric tons, with 14-15 metric tons already produced by February 2024.

Rajasthan saw a 53% increase in jeera production compared to last year.

Despite increased production, jeera exports declined by 23.75% during April-February compared to the same period last year.

February 2024 saw an 11.54% decline in exports compared to January 2024 and a 3.49% decline compared to February 2023.

The jeera market is experiencing short covering, with a drop in open interest of -6.39% and prices rising by 830 rupees.

Strategies for Success in Exporting Cumin from India

Market Research

Conduct thorough market research on competitors, market trends, and strategic decisions.

Research helps determine cumin seed export prices from India.

Focus on Quality Control

Ensure the highest quality products to meet international standards.

Indian cumin seeds are valued for their quality and health benefits.

Understanding Regulations

Familiarize yourself with government policies, taxes, tariffs, and other regulations related to cumin exports.

Partner with a Reliable Exporter

Find genuine suppliers or exporters that meet your requirements. Visit Seair Exim Solution for a detailed list of reliable cumin seed exporters in India.

Updated Cumin Seed Export Data

Utilize platforms like Seair Exim Solution for real-time cumin seed export data, market insights, and exporter contact details.

How to Find Cumin Seed Export Data

Seair Exim Solution offers export and import data for over 130 countries. Our user-friendly interface provides real-time cumin seed export data, lists of exporters, and market insights, updated by experts from reliable sources.

Conclusion

Despite challenges like COVID-19 and inflation, the demand for cumin seeds remains strong both domestically and internationally. The global market for cumin is growing, and with the right strategy and knowledge, success in the cumin seed export business is attainable. Accessing detailed cumin seed export data can provide the necessary insights to thrive in this market. Visit Seair Exim Solution for more information.