Key Market Indicators
Latvia's spice consumption is projected to hold steady at approximately 1,000 metric tons by 2028, maintaining the same level as in 2023. This stability in demand has been a consistent trend since 2019. In 2023, Latvia ranked 95th in global spice consumption. Notably, Angola surpassed Latvia, also reporting spice consumption at around 1,000 metric tons. Leading the global rankings in spice consumption, Bangladesh, Indonesia, and Thailand claimed the second, third, and fourth positions, respectively.
