Key Market Indicators
**Malian Spice Production Projected to Decline by 2028** Mali's spice production is projected to drop to 24,000 metric tons by 2028, down from the current level of 28,000 metric tons in 2023. This represents an average annual decline of 2.2%. Despite a stable supply since 2019, Mali's position in the global ranking has shifted. In 2023, Mali was ranked 31st in the world for spice production. The Philippines surpassed Mali with an equal production of 28,000 metric tons. The top spots in the ranking were held by China, Nigeria, and Indonesia, occupying the second, third, and fourth positions respectively. **Malian Spice Consumption to Slightly Decrease** On the consumption front, Mali's spice intake is expected to reach approximately 19,000 metric tons by 2028, down from its current level of 19,000 metric tons in 2023. This slight decrease translates to an annual decline of 0.1%. Since 2019, the country's spice demand has remained constant. In 2023, Mali was ranked 40th in the world for spice consumption, with Tunisia just ahead at 19,000 metric tons. Leading the consumption rankings were Bangladesh, Indonesia, and Thailand, holding the second, third, and fourth places respectively.
