DBT Research
Bengaluru, 21 July 2025
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 & Date | Average price/Kg | Market |
Black Pepper (15th July) | Rs 629.62 | Sirsi, Karnataka |
Nutmeg (17th July) -with shell | Rs 250 | Cochin, Kerala |
Nutmeg (17th July) -without shell | Rs 480 | Cochin, Kerala |
Clove (17th July) | Rs 800 | Cochin, Kerala |
Mace (17th July) | Rs 1,150 | Cochin, Kerala |
Chilli (17th July) | Rs 132 | Guntur, Andhra Pradesh |
(Source: Spices Board, DBT Research)