Key Market Indicators
Estonian spice consumption is projected to remain steady at around 2,000 metric tons by 2028, mirroring the levels recorded in 2023. This flat trend indicates no change in the compound annual growth rate (CAGR) since 2019, when the country's demand for spices has shown stability. In the global rankings for 2023, Estonia was positioned at number 88. Croatia surpassed Estonia with an equivalent consumption of 2,000 metric tons. Notably, Bangladesh, Indonesia, and Thailand led the rankings, occupying the second, third, and fourth spots, respectively.