Good times for spices and allied products
Gayan Kanchana
Sri Lanka has earned more than US$ 175 million exporting spices and
allied products. It is planned to reach US$ one billion by 2020,
Industry and Commerce Minister Rishard Bathiudeen said.
"There is a tremendous growth in the industry and this year we expect
20% volume growth rate in the industry compared to 2010 as a whole," the
Minister said.
Speaking at the eighth Annual General Meeting (AGM) of the Spice
Council held last week in Colombo, the Minister said good quality Sri
Lankan spice products have gained international reputation. The Export
Development Board has arranged to open new 20 spice processing centers
in the country. Spice Council Chairman Sarada De Silva said, in the
first half, value added exports mainly essential oil have increased by
157%, cinnamon by 81% and overall spices by 32% in value.
"The third quarter has also been good. The last quarter we may see a
drop in exports due to the drought that prevailed in August, September
and the unusual rain patterns experienced during the flowering times,"
he said.
De Silva said, "Our main problem is production and productivity. Many
export inquiries can't be fulfilled due to inefficient volume and
quality issues. We believe that with good agronomic practices we can
increase our production by over 50%. We work closely with the Department
of Agriculture (DEA) on issues relating to production extension and
production based research", he said.
De Silva also said that thefts in, spice plantations is also a major
problem.
"This is not petty small time theft. It's a organized robbery. They
not only rob the crop, in doing so they destroy the vine trees. This is
a major drawback to growers increasing their extents to increase
production. As a solution for this archaic laws and penalties need to be
revised. First it should be non-bail able offence and penalties should
be increased from the current Rs.500.00 to at least ten times the value
of the crop stolen and compulsory prison term," he said. |