Key Market Indicators
Bolivian spice consumption is projected to climb to approximately 5,300 metric tons by 2028, up from 5,000 metric tons in 2023. This represents an average annual growth rate of 0.8%. Since 2019, demand in Bolivia has remained stable. In 2023, Bolivia ranked 73rd globally in spice consumption, with Macedonia surpassing it at 5,000 metric tons. Leading the list were Bangladesh, Indonesia, and Thailand, coming in at second, third, and fourth places, respectively. Bolivian spice production has hovered around 3,000 metric tons, with figures remaining nearly constant from 2017 to 2018.
