Key Market Indicators
Romanian spice consumption is projected to decline to 50,000 metric tons by 2028, down from 51,000 metric tons in 2023, marking an average annual decrease of 0.4%. This trend has been consistent since 2019, with Romanian demand decreasing by the same rate each year. In the global ranking for 2023, Romania was positioned at 24th, with Cameroon surpassing it at 51,000 metric tons. Bangladesh, Indonesia, and Thailand ranked second, third, and fourth, respectively, in spice consumption. On the production front, Romanian spice output is expected to rise to 54,800 metric tons by 2028, up from 54,000 metric tons in 2023, reflecting a modest annual growth rate of 0.2%. Since 2019, Romania’s spice production has seen a steady increase of 0.4% per year. In 2023, Romania held the 21st spot in global spice production rankings, with Morocco overtaking it at 54,000 metric tons. China, Nigeria, and Indonesia were the second, third, and fourth largest producers, respectively.