EU: Market for Spices Except Pepper or Ginger 2024

Market Size for Spices Except Pepper or Ginger in the EU

In 2022, the EU market for spices except pepper or ginger decreased by X% to $X, falling for the second consecutive year after two years of growth. The total consumption indicated a strong increase 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 decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Spices Except Pepper or Ginger in the EU

In value terms, spices except pepper or ginger production expanded modestly to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The Netherlands (X tons) remains the largest spices except pepper or ginger producing country in the European Union, comprising approx. X% of total volume. Moreover, spices except pepper or ginger production in the Netherlands exceeded the figures recorded by the second-largest producer, Spain (X tons), threefold. The third position in this ranking was taken by Hungary (X tons), with an X% share.

In the Netherlands, spices except pepper or ginger production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (X% per year) and Hungary (X% per year).

The average spices except pepper or ginger yield dropped slightly to X tons per ha in 2022, standing approx. at 2021. Over the period under review, the yield showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the spices except pepper or ginger yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of spices except pepper or ginger production in the European Union totaled X ha, almost unchanged from 2021 figures. The harvested area 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 pace of growth was the most pronounced in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to spices except pepper or ginger production reached the peak figure at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Exports of Spices Except Pepper or Ginger

Exports in the EU

For the seventh year in a row, the European Union recorded growth in shipments abroad of spices except pepper or ginger, which increased by X% to X tons in 2022. 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 in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, spices except pepper or ginger exports contracted to $X in 2022. The total export value 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 most prominent rate of growth was recorded in 2020 with an increase of X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

The Netherlands was the main exporter of spices except pepper or ginger in the European Union, with the volume of exports recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Spain (X tons), Germany (X tons) and Belgium (X tons), together generating a X% share of total exports. France (X tons), Austria (X tons) and Poland (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to spices except pepper or ginger exports from the Netherlands stood at X%. At the same time, Austria (X%), Spain (X%), Belgium (X%), Germany (X%) and Poland (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, France (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while France saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Spain ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Austria, France, Belgium and Poland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Spices Except Pepper or Ginger

Imports in the EU

In 2022, overseas purchases of spices except pepper or ginger decreased by X% to X tons, falling for the second consecutive year after nine years of growth. Total imports indicated a buoyant 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, spices except pepper or ginger imports contracted to $X in 2022. The total import value 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 pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped modestly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) and Germany (X tons) represented the main importers of spices except pepper or ginger in the European Union, together creating X% of total imports. Belgium (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%), Poland (X%) and Spain (X%). Sweden (X tons), Austria (X tons), Denmark (X tons), Portugal (X tons), Italy (X tons) and the Czech Republic (X tons) took a minor share of total imports.

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

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Belgium, Sweden, Poland, Austria, Italy, Denmark, Portugal and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price saw a mild slump. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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