Spices except pepper or ginger market
Spices except pepper or ginger market: discover the latest facts and figures powered by an Ai-driven business intelligence platform. Datasets cover market size, production, market prices, consumption, imports, trade, companies, and exports. Here is a breakdown by country, including the Middle East, Russia, Africa, the U.S., China, EU, Latin America, and the U.K. Market trends and outlook to 2030 are also provided in the dashboards.
Spices Except Pepper or Ginger - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | Turkey |
| 3 | China |
| 4 | Bangladesh |
| 5 | Ethiopia |
In value terms, India led the market, alone. The second position in the ranking was occupied by Turkey. It was followed by China.
From 2019 to 2021, the average annual growth rate of value in India amounted to -2.2%. The remaining consuming countries recorded the following average annual rates of market growth: Turkey (-0.8% per year) and China (-4.1% per year).
Spices Except Pepper or Ginger Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Indonesia | 1414 | 1241 | 1317 | -3.5% |
| India | 1842 | 1947 | 1681 | -4.5% |
| Vietnam | 1567 | 1929 | 1742 | 5.4% |
| South Africa | 3536 | 2639 | 2802 | -11.0% |
| Iran | 2790 | 2923 | 2831 | 0.7% |
| Turkey | 3009 | 2935 | 2940 | -1.2% |
| Pakistan | 4542 | 4624 | 4499 | -0.5% |
| Netherlands | 3918 | 4085 | 4786 | 10.5% |
| United States | 4779 | 5071 | 5197 | 4.3% |
| Spain | 8576 | 7385 | 7017 | -9.5% |
| China | 8455 | 7701 | 7975 | -2.9% |
| Germany | 7778 | 8098 | 8190 | 2.6% |
| Average | 3231 | 3403 | 3149 | -1.3% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($8,190 per ton), while Indonesia ($1,317 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| France | 5445 | 5751 | 6337 | 7.9% |
| Belgium | 4831 | 4380 | 4517 | -3.3% |
| United States | 4030 | 4269 | 4455 | 5.1% |
| Germany | 4278 | 4228 | 4415 | 1.6% |
| Saudi Arabia | 4124 | 4462 | 4301 | 2.1% |
| Netherlands | 3731 | 3916 | 3656 | -1.0% |
| United Kingdom | 2823 | 2838 | 3561 | 12.3% |
| Malaysia | 2078 | 3538 | 2923 | 18.6% |
| United Arab Emirates | 2606 | 2113 | 2328 | -5.5% |
| India | 1754 | 1971 | 1601 | -4.5% |
| China | 902 | 1746 | 1321 | 21.0% |
| Iran | 1090 | 983 | 1038 | -2.4% |
| Bangladesh | 1118 | 911 | 962 | -7.2% |
| Average | 3028 | 3062 | 3310 | 4.6% |
Prices varied noticeably by the country of destination; the country with the highest price was France ($6,337 per ton), while Bangladesh ($962 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Spices Except Pepper or Ginger - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.2 | 0.2 | 0.2 | 13.5% |
| Saudi Arabia | 0.2 | 0.2 | 0.2 | 4.6% |
| Germany | 0.1 | 0.1 | 0.1 | 4.9% |
| Netherlands | 0.05 | 0.07 | 0.09 | 31.6% |
| United Kingdom | 0.08 | 0.09 | 0.09 | 6.3% |
In value terms, the largest spices except pepper or ginger importing markets worldwide were the United States ($240M), Saudi Arabia ($172M) and Germany ($122M), together comprising 25% of global imports. These countries were followed by the Netherlands, the UK, France, Malaysia, Belgium, India, the United Arab Emirates, Bangladesh, China and Iran, which together accounted for a further 28%.
Among the main importing countries, Belgium saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Spices Except Pepper or Ginger - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| India | 0.3 | 0.3 | 0.4 | 28.7% |
| China | 0.1 | 0.2 | 0.2 | 14.1% |
| Iran | 0.2 | 0.1 | 0.2 | -14.2% |
| Turkey | 0.1 | 0.1 | 0.2 | 14.4% |
| Netherlands | 0.1 | 0.1 | 0.1 | 3.2% |
In value terms, India ($448M) remains the largest spices except pepper or ginger supplier worldwide, comprising 21% of global exports. The second position in the ranking was occupied by China ($171M), with a 7.9% share of global exports. It was followed by Iran, with a 7.9% share.
In India, spices except pepper or ginger exports increased at an average annual rate of +28.7% over the period from 2019-2021. In the other countries, the average annual rates were as follows: China (+14.1% per year) and Iran (-14.2% per year).
Spices Except Pepper or Ginger - Market Forecast
Driven by increasing demand for spices except pepper or ginger worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Spices Except Pepper or Ginger - Product Coverage
- HS 091020 - Spices; saffron
- HS 091030 - Spices; turmeric (curcuma)
- HS 091040 - Herbs; thyme, bay leaves
- HS 091050 - Curry
- HS 091091 - Spices; mixtures of 2 or more products of different headings
- HS 091099 - Spices; n.e.c. in heading no. 0910
2556
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1506
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
954
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
8796
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8934
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1478
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
8280
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
12715
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1854
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3757
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
