Spirulina Export From India 2026 Market Overview & Trends

India's export performance showed a recovery in 2024, with values reaching $6.69 million. While the total export value peaked in 2022 at $8.62 million, the export quantity has seen a massive long-term increase, growing from 1.16 million units in 2020 to over 4.65 million in 2024, indicating significantly higher trade volumes despite value fluctuations.

The United States is the leading destination for exports, accounting for $3.4 million in 2024. Russia and Germany follow as key secondary markets with import values of $540,320 and $438,580 respectively. This distribution highlights a strong concentration of trade within North American and European markets.

Russia stands out as the most dynamic emerging market with a 3.50 growth rate, followed closely by the UAE and Vietnam. While the USA remains the largest market by value, its growth rate of 0.44 indicates a more mature and stable demand compared to the rapid expansion seen in Eurasian and Middle Eastern corridors.

Exports are heavily dominated by HS Code 121299, which accounts for $6.68 million of the total value. Other products like Sugar beet (HS 121291) and Locust beans (HS 121292) represent a negligible fraction of the market, totaling less than $6,000 combined in 2024.