Spices

METHODOLOGY:

Artex Ventures made his own research in the market to find the best manufacture ready to work and satisfy the international requirement.

Thanks to the vastness and diversity of weather, India offers a high variety and quantity of products. In the same time, get a full scenario is also difficult, if not impossible, but through an accurate research and experience in the market, our staff could provide a short list of the best deal available in the market.

The market investigation took almost 3 months, during this time a lot of information and data were collected and analyzed.

The main matter is the quality, so on the suppliers of the final list, our staff made a personal control to check the information provided and make the required laboratory test.

In the follow table are reported prices for different products and different variety of each one.

PRODUCT AVAILABLE:

Turmeric

Origin:

Andhra Pradesh

QUALITY

INR/kg

€/kg

PremiumPowder

160

2

Regular Powder

100

1.20

Roots

80

1

Coriander

Origin:

Punjab

QUALITY

INR/kg

€/kg

Premium Powder

160

2

Regular Powder

100

1.20

Seeds regular

80

1

Seed premium

90

1.15

 

Black Pepper

Origin:

Andhra Pradesh

QUALITY

INR/kg

€/kg

Premium Powder

780

9.50

Regular Powder

300

3.90

Seeds

320

4

White Pepper

Origin:

Andhra Pradesh

QUALITY

INR/kg

€/kg

PremiumPowder

880

10.50

Seeds

624

7.80

Ginger

Origin:

Andhra Pradesh

QUALITY

INR/kg

€/kg

PremiumPowder

200

2.50

Regular Powder

100

1.25

Fresh Root

45

0.50

Dry Root

260

3.20

The following description is based on the White Pepper, but can be taken as an example for the others spices.

The spices offered you above are only some of the ones available in the market. Indian market is famous all over the world for the spices quality and varieties. So, do not hesitate to contact us for more details or more information on costs and time. For example, others spices available are like:

  • Green Cardamom
  • Black Cardamom
  • Cinnamon
  • Cloves
  • Sesame
  • Cumin
  • Taj pat
  • Star Anise
  • Tamarind
  • Fenugreek
  • Asafetida
  • Red Chilly

Please, don’t hesitate to contact us to have further information or for any enquired. Our team is ready to collaborate with you for any needs and request.

 

 

STAGES AND COMPOSITE COST

 

  1. Spice (Black Pepper): It is a renowned spice all over the world present in a lot of dishes in different parts of the world. In the follow table are reports the best product price at this moment, but the final price will be define at the purchasing moment.

 

DESCRIPTION

PRICE INR + 5% GST

Price per Kg (€)

Per Tons (€)

GST/VAT

PremiumPowder

780

9.50

9500

5%

Regular Powder

300

3.90

3900

5%

The costs are reported in Table N.1 B.P Premium & N.2 B.P. Standard

 

  1. Packaging: the selection of it depend at firstly of the product’s characteristics:
  • Quality check: it is very important to show the size and quality of the product. So for this in preferable a transparent bag or boxes where it is easy to verified.
  • Quantity: for the final customers, in general it is preferable a small quantity since they are expensive and culturally preferable in small quantity to preserve the quality. It is also recommend resalable packages since they are used occasionally and in small portions.
  • Preservation: sometimes is also suggest a vacuum preservation of the product to warranty the quality and safe space during the transportation.

Grams

Price INR

GST 18%

100

3

0,54

150

3

0,54

200

3,5

0,63

250

3,5

0,63

500

4

0,72

7500

4

0,72

1000

5

0,90

The costs are reported in Table N.1 B.P Premium & N.2 B.P. Standard

Small Plastic Bottles: since the majority of spices are renowned and at contact with the air they lose their flavor and quality, another solution is in small plastic bottles.

 

Price INR

GST 18%

Ml

1,95

0,35

25

2

0,36

50

2,7

0,49

100

3,85

0,69

175

4,7

0,85

250

7,2

1,30

500

12

2,16

1000

Branding and Logo:The characteristics, shape, size of the label depends on the company’s needs. The logo and label can be also develop from our company in accordingly to the requirement of the final destination.

The costs are reported in Table N.1 B.P Premium & N.2 B.P. Standard.

 

  1. Packaging and Wholesale Packing: Another key point is to define the optimal route to send the products. In accordingly will be decide which kind and conditions of packing are required. It is important to calculate all the cost and considers different scenarios. Whenever a product has to be send abroad, it is important to consider the Pellet shape. The transportation company will provide the exactly size and shape in which the packaging has to fit. Moreover the way will be plan has to consider the wholesale part also (for example cannot be taken a single product, but a package of 12/20 products).

      

The costs are reported in Table N.1 B.P Premium & N.2 B.P. Standard.

 

  1. Terms of delivery and payment

 

STAGE

PAYMENT

TIMING

Spice

100% Advance

Immediately available

Packaging

100% Advance

Production and delivery of goods 25-30 days

Label

100% Advance

Production and delivery of goods 5-10 days

Packing boxes

100% Advance

Production and delivery of goods 5-10 days

Delivery services

100% Advance

Depends of the mode

Table N.1 Calculation of the cost of Black Pepper Premium

Black Pepper Premium

Grams

1

tax 5%

2

Tax 18%

3

tax 5%

4

tax 5%

Ʃ INR

Ʃ TAX

TOT INR

TOT

100

80

4

3

0.54

0.4

0.02

0.63

0.03

84.03

4.59

88.62

1.11

150

120

6

3

0.54

0.5

0.03

1.26

0.06

124.76

6.63

131.39

1.64

200

160

8

3.5

0.63

0.6

0.03

2.52

0.13

166.62

8.79

175.41

2.19

250

200

10

3.5

0.63

0.7

0.04

4.41

0.22

208.61

10.89

219.50

2.74

500

400

20

4

0.72

0.8

0.04

6.19

0.31

410.99

21.07

432.06

5.40

750

600

30

4

0.72

1

0.05

6.14

0.31

611.14

31.08

642.22

8.03

1000

800

40

5

0.9

1.3

0.07

12.34

0.62

818.64

41.58

860.22

10.75


The prices shown in the table are in the local Indian currency (INR), the final price is calculated in € with an exchange rate of € 1 = INR 80. Obviously this value is indicative, it depends on the exchange rate at the time of the agreement.

Table N. 2 Calculation of the cost of Black Pepper Standard

 

Black Pepper Standard

Grams

1

tax 5%

2

Tax 18%

3

tax 5%

4

tax 5%

Ʃ INR

Ʃ TAX

TOT INR

TOT

100

80

4

3

0.54

0.4

0.02

0.63

0.03

84.03

4.59

88.62

1.11

150

120

6

3

0.54

0.5

0.03

1.26

0.06

124.76

6.63

131.39

1.64

200

160

8

3.5

0.63

0.6

0.03

2.52

0.13

166.62

8.79

175.41

2.19

250

200

10

3.5

0.63

0.7

0.04

4.41

0.22

208.61

10.89

219.50

2.74

500

400

20

4

0.72

0.8

0.04

6.19

0.31

410.99

21.07

432.06

5.40

750

600

30

4

0.72

1

0.05

6.14

0.31

611.14

31.08

642.22

8.03

1000

800

40

5

0.9

1.3

0.07

12.34

0.62

818.64

41.58

860.22

10.75


The prices shown in the table are in the local Indian currency (INR), the final price is calculated in € with an exchange rate of € 1 = INR 80. Obviously this value is indicative, it depends on the exchange rate at the time of the agreement.

NOTE:

  1. The calculation does not include the cost of delivery to the manufacturer in India of:
  • Packaging
  • Labels ( customize information)
  • Packing boxes ( transportation logistic)
  • Transportation from the Spices manufactures to the packing factory
  1. The calculation does not include the cost of shipping finished products from the manufacturing plant to the port of Mumbai.

Due to the fact that the technical task for wholesale packaging was not given, the calculation does not include consumables for wholesale packaging and bulk packaging of goods.

  1. Export Costs

The final product will be ready for the international market, only after fulfil the following points:

  1. Additional laboratory tests for certification and obtaining a European certificate (in India, 1 test for 50 $ )
  2. Goods’ delivery to the Customer: the final price of delivery can be calculated only with complete information about the order (Fill in the form No. 5)
  3. Customs brokerage services.
  4. Customs clearance: duty and VAT.
  5. Banking financial services (1% of the contract amount)

 

  1. Service Cost: depends of mutual factors: order size, frequency, conditions, and request. We will inform you about our percentage after understanding the previously points.

 

We are looking forward to build a mutual beneficial corporation between our companies. Please feel free to ask us any kind of information, we are ready to answer all your questions.