In 2023, the Netherlands led the global export of mixtures of spices in volume, followed by India and Pakistan. Notable year-on-year increases were observed in Pakistan (4.74%), Myanmar (24.39%), and Armenia (124.9%), indicating strong growth potential. On the contrary, significant declines were experienced by countries like Denmark (-18.78%), Portugal (-29.38%), and Morocco (-36.4%). While China saw a decrease of 3.71%, emerging markets like Peru and Armenia showcased exponential growth.
Future trends to watch in the global spice mixture market include:
- Continued expansion in emerging markets, as seen by substantial growth in countries such as Peru and Myanmar.
- The impact of negative economic factors on exporters like China and Portugal, which may influence global supply chains.
- A potential shift towards diversification of export markets for leading countries to mitigate risks associated with over-reliance on limited trade partners.
Top countries in Export of Mixtures of Spices by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 29,924,000 | 2023 | +2.94% | +3.54% | View data |
| 2 | 2 India | 24,685,000 | 2023 | +3.04% | +3% | View data |
| 3 | 3 Pakistan | 17,161,000 | 2023 | +3.9% | +4.74% | View data |
| 4 | 4 Germany | 8,730,500 | 2023 | +2.27% | +2.27% | View data |
| 5 | 5 South Africa | 5,496,300 | 2023 | +3.77% | +4.46% | View data |
| 6 | 6 Spain | 5,075,600 | 2023 | +2.81% | +3.88% | View data |
| 7 | 7 France | 3,215,600 | 2023 | +2.55% | +2.27% | View data |
| 8 | 8 United Kingdom | 2,459,900 | 2023 | +1.9% | +2.26% | View data |
| 9 | 9 Austria | 2,007,900 | 2023 | +1.38% | +0.52% | View data |
| 10 | 10 United States | 2,003,100 | 2023 | -1.8% | +0.055% | View data |
