Canada: Spice Market 2025

Spice Market Size in Canada

For the fourth year in a row, the Canadian spice market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Spice consumption peaked in 2022 and is likely to continue growth in the near future.

Spice Production in Canada

In value terms, spice production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight increase. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

The average yield of spices in Canada stood at X kg per ha in 2022, almost unchanged from the year before. In general, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. The spice yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of spices were harvested in Canada; therefore, remained relatively stable against the year before. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to spice production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Spice Exports

Exports from Canada

In 2022, exports of spices from Canada dropped to X tons, waning by X% on 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, spice exports surged to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for spice exports from Canada, accounting for a X% share of total exports. Moreover, spice exports to the United States exceeded the volume sent to the second major destination, Jamaica (X tons), more than tenfold. The third position in this ranking was taken by Trinidad and Tobago (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (X% per year) and Trinidad and Tobago (X% per year).

In value terms, the United States ($X) remains the key foreign market for spices exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Japan ($X), with a X% share of total exports. It was followed by Jamaica, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Jamaica (X% per year).

Export Prices by Country

In 2022, the average spice export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spice Imports

Imports into Canada

In 2022, purchases abroad of spices increased by X% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, spice imports expanded to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), India (X tons) and Vietnam (X tons) were the main suppliers of spice imports to Canada, together comprising X% of total imports. Peru, the United States, Spain, Indonesia, Mexico and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Vietnam ($X) and China ($X) were the largest spice suppliers to Canada, together accounting for X% of total imports. The United States, Indonesia, Spain, Peru, Mexico and Turkey lagged somewhat behind, together comprising a further X%.

Peru, with a CAGR of X%, saw the highest rates of growth with regard to 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.

Import Prices by Country

The average spice import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, 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 ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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