Key Market Indicators
Spice consumption in Ethiopia is set to reach 325,000 metric tons by 2026. This is up from 277,000 metric tons in 2021, a growth rate of 2.7% year-on-year. Since 2017, demand for spices in Ethiopia has increased by 1.4% on average each year. As of 2021, Ethiopia ranked ninth in the world for spice consumption, with Pakistan ahead of it at 277,000 metric tons. Bangladesh, Indonesia and China came in second, third and fourth respectively. Production of spices in Ethiopia is projected to reach 421,000 metric tons by 2026. This is up from 379,000 metric tons in 2021, a rate of 1.8% year-on-year growth. Since 2017, Ethiopian supply has increased by 2.3% year-on-year. Ethiopia ranked ninth in the world for spice production in 2021, with Bangladesh overtaking it at 379,000 metric tons. China, Nigeria and Indonesia followed in second, third and fourth place respectively.
Ethiopia Spice Market Data and Forecasts
How much will Ethiopia Spice Market grow to 2026?
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