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Handbook of Herbs and Spices (Woodhead publishing in food science and technology)

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Some of the main spice-producing areas are listed in Appendix 2 at the end of this chapter. The current annual global trade in spices is 6–7 lakh tonnes valued at US$3–3.5 billion. The value of the spice trade is particularly dependent on pepper prices as pepper remains the main spice in international trade. The global spice trade is expected to increase with the growing consumer demand in importing countries for more exotic, ethnic tastes in food. In the UK, for example, spice imports have increased by 27% in the last five years, mainly through the growth in cinnamon, cloves, garlic and seed spices. About 85% of spices are traded internationally in whole form, with importing countries processing and packaging the final product for the food industry and the retail market. The trade in processed and value-added spice ingredients is, however, growing rapidly as importers look for cheaper global sourcing of spice products and exporting businesses develop the appropriate technologies and quality systems. There is limited competition from synthetic products, with the exception of vanilla, particularly given consumer preferences for ‘natural’ ingredients in food products.

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