Key Market Indicators
**Pakistani Spice Consumption Projected to Reach 313,000 Metric Tons by 2028** Pakistan's spice consumption is projected to grow modestly from 310,000 metric tons in 2023 to approximately 313,000 metric tons by 2028. This represents an average annual growth rate of 0.2%. Since 2019, the country's demand for spices has seen a slight annual decline of 0.1%. In the global ranking for 2023, Pakistan stood at the 7th position, with the United States surpassing it with a consumption of 310,000 metric tons. Other leading countries include Bangladesh, Indonesia, and Thailand, ranking 2nd, 3rd, and 4th, respectively. **Pakistani Spice Production to Increase to 233,000 Metric Tons by 2028** On the production front, Pakistan's spice output is expected to rise from 229,000 metric tons in 2023 to about 233,000 metric tons by 2028. This equates to an annual compound growth rate (CAGR) of 0.3%. Since 2019, the country's spice supply has increased by 0.3% annually. In 2023, Pakistan ranked 11th in spice production, with Mexico overtaking it at 229,000 metric tons. The top producers in the world include China, Nigeria, and Indonesia, holding the 2nd, 3rd, and 4th positions, respectively.
