Netherlands - Spices - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIn 2023, the Netherlands Sees Increase in Spice Imports, Reaching $532 Million
Netherlands Spice Imports
In 2023, after seven years of growth, there was significant decline in overseas purchases of spices, when their volume decreased by -8.8% to 156K tons. Overall, total imports indicated tangible growth from 2013 to 2023: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. Imports peaked at 171K tons in 2022, and then dropped in the following year.
In value terms, spice imports totaled $532M (IndexBox estimates) in 2023. In general, total imports indicated a moderate increase from 2013 to 2023: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -6.2% against 2021 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. Imports peaked at $567M in 2021; however, from 2022 to 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Spice in Netherlands (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 56.2 | 77.2 | 53.5 | 41.4 | 50.9 | 61.6 | 65.0 | 120 | 117 | 75.5 | 82.9 |
| Brazil | 10.5 | 7.1 | 7.7 | 11.9 | 14.9 | 15.9 | 17.3 | 25.0 | 30.2 | 38.6 | 49.0 |
| Vietnam | 67.6 | 84.1 | 62.5 | 40.8 | 34.1 | 23.5 | 22.6 | 25.8 | 46.0 | 66.9 | 44.3 |
| Germany | 28.5 | 30.4 | 32.7 | 33.7 | 32.2 | 37.5 | 31.8 | 35.1 | 44.3 | 33.9 | 40.1 |
| Peru | 1.9 | 1.2 | 9.0 | 7.2 | 14.2 | 12.5 | 14.0 | 41.1 | 29.4 | 23.9 | 39.9 |
| Indonesia | 49.7 | 54.3 | 47.7 | 49.5 | 42.9 | 33.5 | 29.3 | 47.2 | 52.0 | 52.4 | 38.8 |
| Madagascar | 6.5 | 6.6 | 9.6 | 18.2 | 33.9 | 43.1 | 17.2 | 35.1 | 50.8 | 38.2 | 37.4 |
| India | 13.6 | 17.4 | 21.8 | 18.1 | 16.3 | 13.5 | 14.0 | 18.3 | 35.0 | 31.6 | 35.4 |
| Belgium | 35.4 | 39.0 | 25.8 | 27.9 | 27.0 | 28.8 | 22.1 | 22.6 | 25.2 | 21.4 | 27.0 |
| Others | 84.6 | 90.8 | 85.6 | 86.3 | 89.1 | 97.7 | 100 | 127 | 137 | 126 | 138 |
| Total | 354 | 408 | 356 | 335 | 356 | 368 | 333 | 497 | 567 | 509 | 532 |
Imports by Country
China (35K tons), Peru (21K tons) and Brazil (19K tons) were the main suppliers of spice imports to the Netherlands, with a combined 48% share of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +39.4%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($83M), Brazil ($49M) and Vietnam ($44M) were the largest spice suppliers to the Netherlands, together accounting for 33% of total imports. Germany, Peru, Indonesia, Madagascar, India and Belgium lagged somewhat behind, together accounting for a further 41%.
Peru, with a CAGR of +35.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In 2023, ginger (81K tons) constituted the largest type of spices supplied to the Netherlands, with a 52% share of total imports. Moreover, ginger exceeded the figures recorded for the second-largest type, spices except pepper or ginger (32K tons), threefold. Piper pepper (12K tons) ranked third in terms of total imports with a 7.9% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of ginger imports amounted to +8.1%. With regard to the other supplied products, the following average annual rates of growth were recorded: spices except pepper or ginger (+5.4% per year) and piper pepper (-2.4% per year).
In value terms, ginger ($182M) constituted the largest type of spices supplied to the Netherlands, comprising 34% of total imports. The second position in the ranking was taken by spices except pepper or ginger ($90M), with a 17% share of total imports. It was followed by piper pepper, with a 12% share.
Import Prices by Country
In 2023, the spice price amounted to $3,420 per ton (CIF, Netherlands), picking up by 15% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,519 per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($7,958 per ton), while the price for Peru ($1,892 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the spice market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 687 - Pepper
- FCL 689 - Pimento
- FCL 692 - Vanilla
- FCL 693 - Cinnamon (canella)
- FCL 698 - Cloves
- FCL 702 - Nutmeg, mace, cardamoms
- FCL 711 - Anise, badian, fennel
- FCL 720 - Ginger
- FCL 723 - Spices nes
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
