Key Market Indicators
Malawian spice consumption is projected to decline to approximately 1,400 metric tons by 2028, down from around 2,000 metric tons in 2023. This represents an annual decrease of nearly 5%. Since 2019, the demand for spices in Malawi has remained stable. In 2023, Malawi ranked 88th in global spice consumption, with Trinidad and Tobago surpassing it with a similar consumption level of about 2,000 metric tons. Bangladesh, Indonesia, and Thailand occupied the second, third, and fourth positions, respectively, in this ranking. On the production front, Malawi's spice output stood close to 1,000 metric tons in both 2022 and 2023, showing no change year-over-year. However, since 2019, the country's supply has diminished by nearly 13% annually. In 2023, Malawi ranked 58th in global spice production, with Tajikistan overtaking it with a production level of approximately 1,000 metric tons. China, Nigeria, and Indonesia took the second, third, and fourth spots, respectively, in this ranking.