In 2023, India dominated the global turmeric export market, contributing substantially more in volume than other countries. Myanmar and Indonesia followed, while several European countries like the Netherlands and Germany showed moderate export volumes. Notably, the United Arab Emirates experienced a significant decline, whereas Slovenia and Egypt saw substantial growth in their turmeric exports.
Over the past two years, countries like Ecuador, Italy, and Switzerland experienced noteworthy export growth, driven by rising demand. Contrarily, Malaysia, Pakistan, and South Korea faced declining exports due to varying economic and geopolitical factors. The Compound Annual Growth Rate (CAGR) of exports varied significantly, highlighting diverse performance across different regions.
Looking forward, fluctuations in global spice demand, geopolitical shifts, and agricultural practices will likely influence turmeric export trends. Monitoring the balance between traditional spice exporters and emerging markets will be crucial to understanding future dynamics in turmeric trade.
Top countries in Export of Turmeric (Curcuma) by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 139,350,000 | 2023 | +2.96% | +2.67% | View data |
| 2 | 2 Myanmar | 18,180,000 | 2023 | +2.53% | +4.21% | View data |
| 3 | 3 Indonesia | 11,944,000 | 2023 | +4.53% | +4.59% | View data |
| 4 | 4 Netherlands | 3,090,700 | 2023 | +3.23% | +3.96% | View data |
| 5 | 5 Peru | 2,006,800 | 2023 | +3.97% | +5.21% | View data |
| 6 | 6 Germany | 1,477,300 | 2023 | +4.12% | +4.91% | View data |
| 7 | 7 Fiji | 1,284,700 | 2023 | +5.59% | +5.54% | View data |
| 8 | 8 Spain | 1,034,000 | 2023 | +5.11% | +4.33% | View data |
| 9 | 9 China | 1,015,400 | 2023 | -1.54% | +2.06% | View data |
| 10 | 10 United Kingdom | 980,620 | 2023 | +2.49% | +5.55% | View data |
