Key Market Indicators
Tobagonian spice consumption is projected to decline to 1,700 metric tons by 2028, down from 2,000 metric tons in 2023, representing an average annual decrease of 2.4%. Despite this downward trend, demand in Tobago has remained relatively stable since 2019. In 2023, Tobago ranked 88th globally in spice consumption, with the Dominican Republic just ahead, also consuming 2,000 metric tons. Leading the rankings were Bangladesh, Indonesia, and Thailand, occupying the second, third, and fourth positions respectively. On the production front, Tobagonian spice output stood at zero metric tons in both 2018 and 2017, indicating no change year over year.
