Netherlands - Spices - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Spices - Market Analysis, Forecast, Size, Trends and Insights

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Spice Price in the Netherlands - 2023

Contents:

  1. Spice Price in the Netherlands (CIF) - 2022
  2. Spice Price in the Netherlands (FOB) - 2022
  3. Spice Imports in the Netherlands
  4. Spice Exports in the Netherlands

Spice Price in the Netherlands (CIF) - 2022

In 2022, the average spice import price amounted to $2,964 per ton, which is down by -11.1% against the previous year. Overall, the import price showed a mild curtailment. The pace of growth appeared the most rapid in 2020 an increase of 12%. The import price peaked at $3,521 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($7,822 per ton), while the price for Peru ($1,465 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Spice Price in the Netherlands (FOB) - 2022

In 2022, the average spice export price amounted to $3,607 per ton, shrinking by -10.1% against the previous year. Overall, the export price saw a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12% against the previous year. The export price peaked at $4,530 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,374 per ton), while the average price for exports to Curacao ($1,623 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 Sweden (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Spice Imports in the Netherlands

In 2022, spice imports into the Netherlands amounted to 172K tons, approximately reflecting the previous year. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, spice imports contracted to $509M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49% against the previous year.

Import of Spice in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65.012011775.55.1%
Vietnam22.725.846.066.943.4%
Indonesia29.247.252.052.421.5%
Brazil17.325.030.238.630.7%
Germany32.235.144.434.22.0%
India14.218.335.031.630.6%
Spain16.422.124.924.213.8%
Peru14.041.129.423.919.5%
Belgium22.122.625.221.6-0.8%
France8.57.310.811.310.0%
Thailand7.19.110.09.711.0%
Others84.412414211912.1%
Total33349756850915.2%

Top Suppliers of Spice to the Netherlands in 2022:

  1. China (50.0K tons)
  2. Brazil (22.5K tons)
  3. Peru (16.3K tons)
  4. Vietnam (12.7K tons)
  5. Germany (12.4K tons)
  6. Spain (10.5K tons)
  7. India (9.6K tons)
  8. Indonesia (6.7K tons)
  9. Thailand (5.8K tons)
  10. Belgium (4.8K tons)
  11. France (2.6K tons)

Spice Exports in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in shipments abroad of spices, which increased by 0.5% to 137K tons in 2022. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, spice exports dropped to $493M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 32%.

Export of Spice in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10112916414011.5%
Belgium40.059.857.958.613.6%
France26.243.463.954.627.7%
Poland19.030.530.822.15.2%
Spain13.416.018.221.016.2%
Austria12.816.321.419.314.7%
Denmark9.38.612.518.826.4%
United Kingdom25.230.727.517.4-11.6%
Sweden15.319.719.917.24.0%
Italy7.712.116.415.827.1%
Switzerland8.512.011.111.410.3%
Czech Republic7.78.19.79.46.9%
Curacao11.29.37.05.7-20.2%
Others66.284.985.281.77.3%
Total36448054649310.6%

Top Export Markets for Spice from the Netherlands in 2022:

  1. Germany (35.1K tons)
  2. Belgium (16.0K tons)
  3. France (10.2K tons)
  4. Poland (9.6K tons)
  5. Italy (5.2K tons)
  6. Sweden (5.0K tons)
  7. Denmark (4.9K tons)
  8. United Kingdom (4.8K tons)
  9. Austria (4.5K tons)
  10. Spain (3.9K tons)
  11. Switzerland (3.5K tons)
  12. Curacao (3.5K tons)
  13. Czech Republic (3.2K tons)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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