Key Market Indicators
Iraqi spice consumption is projected to climb to 24,000 metric tons by 2028, up from 19,000 metric tons in 2023. This marks an annual growth rate of 3.6% on average. Since 2019, Iraq has witnessed a significant rise in spice demand, with a year-on-year increase of 7.9%. In 2023, Iraq ranked 40th in global spice consumption. Mali edged ahead with the same consumption level of 19,000 metric tons. Leading the rankings were Bangladesh, Indonesia, and Thailand, securing the second, third, and fourth spots respectively.
