Key Market Indicators
Azerbaijan's consumption of spices is projected to climb to approximately 1,040 metric tons by 2028, up from the current 1,000 metric tons in 2023. This reflects an average annual growth rate of 0.6%. Since 2019, the demand for spices in Azerbaijan has remained stable. In the global ranking for 2023, the country stands at 95th place, with Djibouti overtaking it at the same consumption level of 1,000 metric tons. Leading the global rankings are Bangladesh, Indonesia, and Thailand, occupying the second, third, and fourth spots, respectively.
