Welcome to the Sri Lanka Business ... Spices & Allied Products Sri Lanka Produces range of spices the major ones are Cinnamon, Pepper, Cardamom, Cloves, Nutmeg and Mace. Over 90% of which is being exported to the main end users for flavour, fragrance and Pharmaceutical industries. Cinnamon is the most important spice commodity among the spice sector. People in ancient Sri Lanka used Cinnamon for many purposes such as, medicine, spice, perfumery material & soft drink. At present the cinnamon is widely used in bakery products, pharmaceutical preparations & cosmetics world wide. Cinnamon exports in primary form as well as in the value added form such as cut pieces, powder form and crushed form. Cinnamon is considered as unique product exporting from Sri Lanka. Sri Lanka is the world largest producer & exporter of Cinnamon to the world. Cinnamon has originated in Sri Lanka & it has unique characteristics, which can be branded under GI protection. Accordingly Ceylon Cinnamon introduced to the international market as a branded product namely Pure Ceylon Cinnamon which reflects a combination of several intrinsic characteristics of Cinamomum Zylanicum. Pepper is the second important commodity among spices and Sri Lankan pepper has high intrinsic quality. The Sri Lankan Pepper has higher piperine content which gives it a superior quality and pungency. Pepper is offered in different grades for grinding and extraction of essential oils and oleoresins. In Sri Lanka pepper is grown in the wet and intermediate zones mostly as mixed crops. Other spices such as cloves, cardamom, nutmeg and mace also have high aromatic flavour. Sri Lankan clove is found to be richer in oil than those from other growing countries in the world. The odour, flavor and oil contents are the important criteria of cloves. Cardamom is popularly known as Queen of Spice. Cardamom lands are generally termed as spice forests. Cardamom exports from Sri Lanka constitute light green verities. Nutmeg & mace are two distinctly separate spices derived from the same plant. It is an evergreen tree which grows in the up country in Sri Lanka. Sri Lanka also has the potential for ginger, turmeric and vanilla cultivation and exports. Vanilla fragrance is important as a source of natural vanilla. It is used as a flavour ingredient in confectionary industry and also in perfume and pharmaceutical industries. The production of spice crops continues to be largely confined to mix home gardens particularly for pepper, cloves, nutmeg and cardamom. 70% of the Cinnamon is grown as a pure crop in small holdings. Further, out-grower systems and community based cultivations are linked with the exporters. The above products can be exported in primary form, value added form such as gift packs, branded retail packs and powder form. In value addition companies have to use the upgraded technology for grinding and packaging of spices according to the buyers requirements. At present companies engaged in the exports of high value products are used quality assurance at the several production stages of the raw material, pre processing and final packing stages. If export companies can certify under GMP, HACCP & ISO, would receive more opportunities in the international trade. In terms of foreign exchange earnings to the country, Spice exports have indicated US$ 214Mn in year 2011 indicating 11.73% of growth. Net foreign exchange earning from Spices & Allied product sector is recording above 80%.
Posted on: Thu, 07 Aug 2014 00:57:25 +0000
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