India’s Spice Exports Decline Amid Cooling Global Demand
Shifting Trends in Global Spice Trade India, the world’s largest spice exporter, recorded a 6% decline in total spice exports during the 2025-26 fiscal year, with total revenue settling at $4.43 billion. According to data from the Spices Board of India, the downturn was primarily driven by softening international demand for high-volume staples such as…