are among the top spice companies in the Dutch market. This was the fundamental reason why spices were so expensive in Europe and why they weren't as expensive in Asia. This means an annual growth rate of 7.5% between 2021 and 2026. So for most spice products, exporters from developing countries face low competition on the European market at the production level. These companies are making additional efforts to support sustainable production, including through organic production, food safety investments and support to farmers. The main developing-country suppliers to Europe are China, Peru, Brazil, Nigeria and India. Herbs are usually derived from leaves or seeds) and Spices are usually derived from flowers, fruits, or bark of tropical-origin plants. why were spices very expensive commodities in europe? The most fundamentally important spice is salta mineral. Spices and herbs play an important role as ingredients for the European food and beverages industry. Polish spice imports are done by Polish traders like Rolmex and TomPol, and by production facilities of German spice manufacturers in Poland, most notably AVO. China saw its supplies to the UK increase at a fast pace between 2017 and 2021, at +15% annually, compared to a slower growth of Indian supplies (+2.5%) in the same period. Imports from developing countries have grown at a fast pace, accounting for 63% of total spice and herb imports, at nearly 80 million in 2021. Even today, spices are an expensive commodity since few are grown in the west, such as Because they were not grown in Europe, only in the far east. Because they were not grown in Europe, only in the far east. Over the years the upper classes in Europe developed a taste for them, and their limited supply made them very expensive. In 2021, Dutch spice and herb imports accounted for 14% of total European imports, growing at an annual rate of 7.3% since 2017. In the case of Peru (5.3% of total Dutch imports), an important ginger supplier to the Netherlands, supplies increased at a strong annual rate of 15% between 2017 and 2021. why or not? The problem is only these very common spices seem to be available in other brands. In 2021, there were, more than 300 Rainforest Alliance-certified farms and farm groups for various spices and herbs worldwide. The motivation was primarily economic. Among the products in highest demand are ginger and curcuma, while pepper, vanilla and cinnamon are still very consolidated products with a large market in Europe. You can find more information about the European spices industry on the, Browse through the national associations of the main target markets in Europe: the. They wanted to trade, they wanted to find an all water route to Asia, and they wanted to discover/find new land. The most interesting markets for Fairtrade-certified ginger in Europe are Germany (31 Fairtrade-certified companies), the United Kingdom (19), France (23), the Netherlands (17) and Switzerland (16). The port of Hamburg has world-class facilities for the transport and storage of spices. The increasing access of European traders to the sources of the spices was a key factor that helped to bring down the price from that point onwards, increasing competition and eventually reducing protection costs. Within Europe, the growth rate of organic spice consumption is forecast to be particularly high in Sweden and the UK (more than 5.5% per year over the next seven years). Spices had been imported from the East into Europe since antiquity, and Europeans had developed a definite liking for them. Where are the Maluku Islands located? These companies import spices directly from developing-country suppliers. you would probably want some and all of a sudden you could eat some really exciting new food with new delicious flavours. In the past few years, vanilla had such a negative impact on the growth of import values. The total import value peaked at 2.8 billion that year. What is Mala? The most expensive spices in the world come with a hefty price tag because they are often hard to find. Indian is, The British market for spices is characterised by the involvement of large-scale players, such as. The next decade is expected to be marked by impressive growth in organic spices and herbs, in line with the fastgrowing organic food trend. The main point is that spices were mostly consumed not for flaworing dishes, but for preventing and curing illness. Vietnam is Europes main supplier of pepper, followed by Brazil, India and Indonesia. Access CBIs Market Information on Spices and Herbs and select the different Product Studies: Other product studies you can currently find on our platform include coriander, cumin seeds, cloves and spice mixtures. Bronze ornaments and other products from this metal, ornate bronze mirrors, umbrellas, products from the well-known Chinese varnish, medicines, and perfumery were also popular. Within the food industry, the segments for meat products (pepper, paprika, chillies, dried garlic, allspice, curcuma, cumin, thyme, rosemary, dried onion, etc. Even though the share of developing countries in total imports is not high (42%), the country is an interesting destination to a diversity of suppliers: the largest spice exporters India, China and Brazil still occupy first position, yet followed closely by Indonesia, Vietnam, Iran, Madagascar, Sri Lanka, Peru and Uganda. 2. In that same period, the (direct) import values increased by 16% annually, totalling 304million in 2021. Source: Eurostat, 2022. But Spain, France and Italy are also major markets in Europe for this product. However, a large share of those imports consists of bananas (more than 80%). The largest national markets for organic foods are Germany (29% of the European market in 2020 with organic retail sales of over 15 billion), France (at nearly 13 billion) and Italy (at 3.9 billion). Germany is one of the leaders in the global spice trade. For example, one chain here sells a 2..4 ounce (70g) container of garlic powder in its store brand for $0.99, yet the same McCormick version would cost several dollars more for some reason. On the website of FLOCERT (Fairtrade Internationals certifier) there are more than 500 Fairtrade-certified companies in Europe operating in the sector of herbs, herbal teas and spices. Overall, demand for spices and herbs in Europe can be forecasted to increase at a moderate rate in the coming years. A notable example in relation to the Sustainable Trade Initiative in the black pepper sector is a partnership involving Nedspice, a large Dutch trader. In 2021, Asia was the leading importer of spices and herbs with 45% of the market share, followed by Europe (28%), North America (US & Canada) (17%), Africa (4%), Latin America and the Caribbean (4%), and Oceania (2%). Other large general food-processing companies, like Nestl, Kraft Foods and Hela, which also have a significant presence in Germany, have likewise switched to direct imports from developing countries in the past decade, but still tend to rely heavily on dedicated spice traders for their supplies. because imagine if you never ate spices before or food with spices, then all of a sudden it existed. In 2021, China was the second-largest supplier to the UK, at 16% of total imports. Direct imports from developing countries account for 70% of total imports, accompanying the growth in total imports. Most notably, vanilla had a considerable impact on the growth. Although the value of European imports fluctuated between 2017 and 2021, the volume of nutmeg imported to Europe experienced a sharp increase, most likely due to nutmegs growing popularity as a supplement. Official data specifically related to spices and herbs are not publicly available, but more than 2,500 companies licensed more than 37,000 products in 2020. Another important capsicum supplier is Peru, accounting for 7.8% of Spains imports in 2021. Because aggregate volume data for Europe are not available in, Growing demand for sustainable spices and herbs, Sustainability is a broad term with many aspects, and there is still no recognised sustainability certification covering all of them. Europe was at the far end of the spice routes, and the trades routes connecting Europe to Asia were not by sea. Curcuma longa (turmeric) is a principal ingredient of curry powders and is widely used as a spice in South Asian- and Middle Eastern-style dishes across Europe. When to use emergency heat setting on a heat pump? As in Italy, the share of developing countries in direct supplies is modest (35%) but also enjoys a diversity of suppliers. Also, the average import prices in Europe are significantly higher than in most other regions. While India remains the main supplier at more than 8.0 million, Guatemala, Thailand, Vietnam, Indonesia and Turkey each exported around 2.0 million in spices and herbs to Sweden in 2021. Which European markets offer the most opportunities for spices and herbs? Spices were expensive, and using them meant that you were Image is from Georg Braun and Franz Hogenber's atlas Civitates orbis terrarum. The organic Curcuma longa market is forecast to grow faster than the market for curcuma produced with conventional methods. Being an important and traditional spice trader, the Netherlands is the main re-exporter of spices and herbs in Europe. Note that there are opportunities for developing-country suppliers of many spices, simply because Europe depends on imports. Imports from developing countries grew at a much faster pace (at an annual rate of +6.3%) than total imports (+2.4%) between 2017 and 2021. The main objective of this Initiative was to aim for fully sustainable spice production and trade in the sector. Free European Major Commodities intraday futures prices, European Major Commodities futures prices, and links to European Major Commodities futures quotes and charts. Thus is the brief explanation of just how valuable spices are to everyone and the world. Additionally, the number of supplying countries for certain spices and their quality levels may be too limited for certain European buyers. Who directed the first voyage to circumnavigate the globe? There are several spice companies handling organic-certified spices and herbs in the German market, like Spice Bar, Herbaria, Hartkorn and Grnberg. These companies are making additional efforts to support sustainable production, including through organic production, food safety investments and support to farmers. But if its that widespread, why is it so expensive? mustang mach e dark matter grey. Specific statistics for organic spices and herbs are scarce, but the most frequently traded pepper (black) and chilies and other capsicums, as well as ginger and curcuma are the product categories most relevant to the organic market segment. Rainforest Alliance is also active in the certification of spices and herbs. The main European markets for spices and herbs providing opportunities for exporters from developing countries are Germany, the Netherlands, France, the United Kingdom, Spain and Poland. Because Europeans conquer many parts of the world, spices had been found from the homeland, and brought back to Europe. Still have questions? While China is an important player for ginger and capsicum, it accounts for less than 1.5% of European pepper imports. The top-3 spices imported by the United Kingdom are ginger, capsicum or paprika powder, and pepper. The next decade is expected to be marked by impressive growth in organic spices and herbs, in line with the fastgrowing organic food trend. is one of the main importers of organic-certified spices and herbs. Aspects of the European Green Deal relevant to the sourcing of spices and herbs from developing countries are reducing the use of pesticides, increasing organic production, and switching to sustainable packaging materials. If you were a rich noble or bourgeois during in the 15th century, Why don't libraries smell like bookstores? A 16th century woodcut shows the interior of a kitchen. (Updated 9/29/19) Here are the 13 most expensive spices in the world, their benefits, and common uses: 1. High prices, a limited supply and mysterious origins fueled a growing effort to discover spices and their source of cultivation. This trend was enhanced during the COVID-19 pandemic, which accelerated European imports of ginger. Spices and herbs play an important role as ingredients for the European food and beverage industry. Brazil, India, Indonesia, Cambodia, Sri Lanka and Madagascar are smaller suppliers. The UK is by far the biggest European market for, While India still dominates global trade of, European demand for organically produced spices and herbs continues to grow. All of these spices were imported to Europe: Pepper - The most sought after spice. Long pepper 5. The Value of Spices in the Age of Exploration: Spices were widespread in Asia and Africa that did not grow in Europe, or could not due to the climate. Find useful information about the organic market on the websites of, Germany is one of the leaders in the global spice trade. Exotic spices were often more expensive than the food itself in former times. Germany is by far Europes largest importer of spices and herbs, with an import value of 592 million or 154 thousand tonnes in 2021, which amounts to 21% of total EU imports. What is the mission statement for the African sandals business. The port of Hamburg has world-class facilities for the transport and storage of spices. Around one-third of European dried thyme imports come from developing countries. The country has a very dynamic food industry, focused strongly on formulations for food products, seasonings and spices. ), bakery and farinaceous products (cinnamon, cardamom, cloves, nutmeg, ginger, etc. Growth is driven not only. These companies help make the food and beverage industry the fourth-largest industry sector in Germany. Domestic production in these countries appears to have declined in recent years. Arab traders artfully withheld the true sources of the spices they sold. Why were spices so expensive in Europe? Shipping by sea is far cheaper and easier than shipping over land. Cardamom 9. ), drinks (ginger, thyme, sage, star anise, curcuma, etc. Sustainability is a broad term with many aspects, and there is still no recognised sustainability certification covering all of them. The increasing substitution of artificial flavours in food and beverages with natural alternatives, as well as the increase in home cooking, is likewise expected to drive growth. Certification can give you a competitive edge when supplying ginger to the European market. In 2021, direct imports of dried ginger from developing countries to Europe totalled 167 thousand tonnes. Seasonings such as cinnamon, ginger, cassia, and turmeric were important items of commerce from the earliest evolution of trade. Indonesian supplies consist mostly of cinnamon and nutmeg. These aspects will define your target market and market segment. Around 61% of European imports of spices are sourced directly in developing countries, with the remaining share consisting of intra-European supplies. King Ferdinand and Queen Isabella of Spain. Because cinnamon was transported via land routes that were difficult to traverse, it was very expensive. Despite Madagascars dominant position, other supplying countries have also found a market for their vanilla in France, most importantly Uganda, French Polynesia and Papua New Guinea. Pepper, the most important spice in terms of imports, received the most attention in the first ten years of the Initiative. Chinas exports to Poland consist mostly of capsicum and ginger, while Vietnam mainly supplies pepper. The Dutch Spice Association strongly supports sustainable sourcing of spices. What four features of bacteria that enable them to survive in a wide variety of habitats? Growth is driven not only by consumer demand, but also by European buyers that are requiring more traceability and cross-contamination prevention in their supply chains. Table 1: Import value of total spices and herbs and unprocessed/whole spices and herbs, average annual growth of European imports from developing countries, between 2017 and 2021, and share of total imports in 2021, Share of total spice and herb imports 2021, Share of imports from developing countries, Juniper berries and seeds of anise, badian, caraway or fennel, * Several herbs traded in the European market are classified under HS code 121190: plants; parts of plants, including seeds and fruits; used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes; fresh, chilled, frozen or dried; cut or uncut, crushed or powdered. why were spices very expensive commodities in europe? The main suppliers to Spain are China, Iran, Peru, Vietnam, India and Brazil. Growth is expected to continue over the coming years, albeit possibly at a lower rate. Between 2017 and 2021, Madagascars supplies to France dropped at an annual rate of 11%, to a value of 134 million. "Spices are incredibly high-value commodities for ingredients - they trade for huge amounts of money," says Chris Elliott, a researcher at the Institute for Global Food Security at Queen's. In the case of herbs, however, a large share of the products consumed in Europe are also produced locally. The French market is characterised by the presence of a relatively large number of small and medium-sized companies, which makes the role of traders significant. There are around 110 companies in Spain specialised in trading and manufacturing spices. A good way to reach a decision regarding these markets is to visit European trade fairs. - YaleGlobal In some markets, notably in Germany, the United Kingdom and France, the importance of organic and fair trade certification also offers interesting opportunities in niche segments. Its saffron supplier is almost exclusively Iran, which explains the countrys role as one of the main spice suppliers to Spain. why were spices very expensive commodities in europe? Bulgaria, Poland, Romania, Spain and Hungary boast the largest outputs in Europe. But the establishment of a direct sea route to Europe from 1500 meant an even greater distance, of over 6,000 miles, since that route had to go round the Cape of South Africa. Saffron 2. Although it is difficult to confirm the reliability of the measurements on which those claims are based, some private certification schemes are being developed for this purpose. trading spices is available on the website of the Dutch Spice Association. Remember to consider opportunities outside of the top-6 importers in Europe. Other main suppliers are China (10 million) and Peru (5.5 million), followed by India, Sri Lanka and Indonesia. Indeed it may be that the fundamental importance of New World treasure was to finance the veritable explosion in Europe's trade with Asia during the 16th, 17th, and 18th centuries: because Europe had very little to sell Asians except her silver in order to buy spices: European exports to Asia were roughly 75% silver and Today, some spices are obtained at a high cost simply because of their nature and the way theyre harvested/cultivated. According to Fairtrade International, global sales of Fairtrade-certified products are increasing. Access, Other product studies you can currently find on our platform include coriander, cumin seeds, cloves and, This study was conducted on behalf of CBI by. Whereas the segment of organic spices and herbs is already small, the segment of Fairtrade-certified spices and herbs is even smaller. Spices as a commodity may be small, but their usefulness in the culinary world are essentially priceless. Supplies from Peru have remained fairly stable since 2017, while Chinese supplies grew strongly at an annual rate of 10%. European demand for curcuma has been booming in recent years, partly because of the trend towards healthier eating habits. Source: ITC Trademap / Eurostat, 2022, Table 2: Import value of total spices and herbs and processed/crushed, ground or blended spices and herbs, average annual growth of European imports from developing countries, between 2017 and 2021, and share of total imports in 2021, Table 3: Import value of total spices and herbs and other/unspecified spices and herbs, average annual growth of European imports from developing countries, between 2017 and 2021, and share of total imports in 2021, **includes thyme (whole and crushed/ground), bay leaves and fenugreek seed European imports reached 64 million for 2017-2021, out of which 46 million (85% of total imports) was sourced directly in developing countries. When the Empire fell, local powers took control of routes and travel became more difficult as these entities engaged in war, embraced different religions, and neglected maintenance of old Roman roads. A few exceptions should be noted, especially concerning herbs. Prices have . It is one of the most frequently traded Fairtrade-certified spices in Europe, with more than 120 Fairtrade-certified cinnamon traders in Europe in 2021. On the positive side, spices that are believed to support immune function, such as ginger, curcuma and garlic, grew much faster in the last two years. There are also small and medium-sized spice traders in the United Kingdom, like Quay Ingredients, Rye Spice and The Spice Company. Grains of Paradise 8. Saffron is used by food-processing companies in yellow colouring agents, and is a key ingredient in the typical Spanish rice dish, There are around 110 companies in Spain specialised in trading and manufacturing spices. In Germany, the organic food market grew by more than 20% in 2020. Thus, finding alternative maritime routes to reach the East became a very important incentive for Portuguese explorers and seamen. What makes Europe an interesting market for spices and herbs? Spices were used to camoufl age bad fl avors and odors, and it was also believed that their consumption would prevent illness." North America and Europe are the largest markets for organic spices. The spices are located in East Asia. Dried thyme is a traditional culinary aromatic herb. Between 2013 and 2019, the turnover of the European food industry fluctuated. These parties may therefore be open to new options that could help mitigate supply risks. Western and Northern European countries, led by Germany and Switzerland, are expected to see the most growth. Saffron is the second most important product among Spanish spice imports. The global organic spice market was worth 17 billion in 2021 and is estimated to reach a (retail) sales value of almost 20 billion by 2026. But to expand on that: Spices from India and the Far east had a high cost in Europe (less so to the east) because they had to be transported a long way at a time when transportation was difficult and expensive. Important Dutch spice traders includeCatz, Nedspice and Royal Polak. The, Around 61% of European imports of spices are sourced directly in developing countries, with the remaining share consisting of intra-European supplies. India (5.4%) and Madagascar are also important suppliers of spices and herbs to Poland. Nutmeg in particular has grown in recent years as well. They came from Asia, and at that time Asia was far away.