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Data Story: Indian spices prices

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Data Story: Indian spices prices hold steady

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Data Story: Indian spices prices

DBT Research

Bengaluru, 21 July 2025

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India is known as the spice capital of the world, with its variety of spices being exported to countries across the world. India’s spice exports rose 6% to touch $4.72 billion in FY25. Moreover, major spices like black pepper, cardamon, turmeric, cumin, and coriander among others are actively traded in commodity exchanges in India. At Databiz Times, we cover latest trends in terms of prices, production, and demand for enabling traders, investors, and growers to make informed business decisions.

Here is a snapshot of prices:

Spice Name & DateAverage price/KgMarket
Black Pepper (15th July)Rs 629.62Sirsi, Karnataka
Nutmeg (17th July) -with shellRs 250Cochin, Kerala
Nutmeg (17th July) -without shellRs 480Cochin, Kerala
Clove (17th July)Rs 800Cochin, Kerala
Mace (17th July)Rs 1,150Cochin, Kerala
Chilli (17th July)Rs 132Guntur, Andhra Pradesh

(Source: Spices Board, DBT Research)

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