The projected data for 2024 shows India leading global spice losses, accounting for a substantial share. Significant variations over 2023 include notable increases in Bangladesh (2.71%) and Brazil (3.71%), with Ethiopia and Vietnam also seeing over 2% rises. Thailand reported a decrease of 1.28%. Several countries experienced no change in spice losses, such as China, Nigeria, and Egypt. The five-year CAGR highlights persistent trends in spice losses, although detailed figures are not specified in this summary.
Future trends to watch include:
- Technological advancements in agriculture reducing losses.
- Impact of climate change on spice production and losses globally.
- Policy changes promoting sustainable spice farming practices.
- Regional trade policies influencing spice supply chains.
Top countries in Spices Losses Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 39.08 | 2023 | +2.11% | +2.05% | View data |
| 2 | 2 Nepal | 13.21 | 2023 | 0% | +0.41% | View data |
| 3 | 3 Vietnam | 5.39 | 2023 | 0% | +2.13% | View data |
| 4 | 4 China | 4.85 | 2023 | 0% | 0% | View data |
| 5 | 5 Ethiopia | 4.58 | 2023 | +6.25% | +2.53% | View data |
| 6 | 6 Thailand | 4.04 | 2023 | 0% | -1.28% | View data |
| 7 | 7 Indonesia | 4.04 | 2023 | 0% | +1.39% | View data |
| 8 | 8 Bangladesh | 2.16 | 2023 | 0% | +2.71% | View data |
| 9 | 9 Nigeria | 1.89 | 2023 | 0% | 0% | View data |
| 10 | 10 Brazil | 1.62 | 2023 | 0% | +3.71% | View data |
