Key Market Indicators
Chilean spice consumption is projected to reach approximately 7,000 metric tons by 2028, marking an increase from 6,000 metric tons in 2023. This represents an average annual growth rate of 2.7%. Since 2019, Chile's demand for spices has surged by an average of 3.7% per year. In the global rankings for 2023, Chile stood at 63rd place, with Guatemala surpassing it at 6,000 metric tons. Leading the global spice consumption rankings are Bangladesh, Indonesia, and Thailand, occupying the second, third, and fourth positions, respectively.
