In 2023, India dominated global spice demand with 39.79 thousand metric tons, representing a substantial lead over other countries. Nigeria and Indonesia followed, with notable year-on-year increases of 5.92% and 1.77%, respectively. In contrast, Pakistan and Myanmar saw declines, with Myanmar experiencing a 3.63% drop. Stable or slight growth characterized other significant consumer countries like the United States and Ethiopia, which saw marginal increases. Divergent trends were noted with some European countries, showing no significant shifts.
Future trends to watch include potential growth in emerging markets like Iraq and Costa Rica, with a 7.89% and 5.92% increase, respectively. As demand patterns shift, economic and climate factors could play key roles in shaping the global spice market landscape.
Top countries in Spices Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 39.79 | 2023 | +1.3% | +1.03% | View data |
| 2 | 2 Nigeria | 7.98 | 2023 | +4.18% | +5.92% | View data |
| 3 | 3 Indonesia | 4.9 | 2023 | +1.53% | +1.77% | View data |
| 4 | 4 Bangladesh | 4.05 | 2023 | +0.2% | +0.081% | View data |
| 5 | 5 China | 3.59 | 2023 | 0% | 0% | View data |
| 6 | 6 Thailand | 3.57 | 2023 | +1.4% | +0.37% | View data |
| 7 | 7 Vietnam | 2.87 | 2023 | +2.95% | +2.53% | View data |
| 8 | 8 Nepal | 2.78 | 2023 | +0.9% | +0.54% | View data |
| 9 | 9 United States | 2.65 | 2023 | +0.31% | +0.25% | View data |
| 10 | 10 Pakistan | 2.6 | 2023 | +0.32% | -0.13% | View data |
