Key Market Indicators
**Ethiopian Spice Consumption Projected to Surge by 2028** Ethiopia's spice consumption is projected to reach approximately 346,000 metric tons by 2028, up from around 296,000 metric tons in 2023. This marks an average annual growth rate of 2.5%. Since 2019, Ethiopian demand for spices has consistently increased by 2.2% each year. In 2023, Ethiopia ranked eighth globally in spice consumption, with Pakistan surpassing it at the same level of 296,000 metric tons. Bangladesh, Indonesia, and Thailand held the second, third, and fourth positions respectively in global spice consumption rankings. **Ethiopian Spice Production Expected to Climb** On the production front, Ethiopian spice output is expected to rise to nearly 440,000 metric tons by 2028 from about 396,000 metric tons in 2023, reflecting an average annual growth rate of 1.6%. Since 2019, the country's spice supply has increased by 2.3% each year. In 2023, Ethiopia also ranked eighth in global spice production, with Thailand surpassing it with the same output level of 396,000 metric tons. China, Nigeria, and Indonesia occupied the second, third, and fourth spots respectively in the global spice production rankings.
