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Export News
12-06-2025
In 2024, global exports of crushed or ground spices amounted to approximately US$4.4 billion.
This marks a significant 24.9% growth compared to $3.52 billion recorded in 2020. On a year-over-year basis, global export value for these spice categories rose 5.5%, increasing from $4.1 billion in 2023.
Dominant Spices in International Trade
The five most-exported ground spices in terms of total revenue for 2024 were: Crushed or ground peppercorn, Unprocessed pepper, Mixed spice blends, Turmeric, Saffron
Together, these categories made up 82.6% of total crushed or ground spice exports, slightly up from 82% the year before—highlighting their continued dominance in the spice trade.
This overview also touches on the highest value per ton and heaviest shipped quantities among key spice categories, offering insights into both pricing and volume.
HS Code Classification for Ground Spices
According to the Harmonized System (HS), spices fall under the following codes:
·Peppercorn (ground) – 090422
·Pepper (whole) – 090412
·Spice mixtures – 091091
·Turmeric – 091030
·Saffron – 091020
·Cinnamon – 090620
·Ginger – 090620
·Vanilla – 090520
·Nutmeg – 090812
·Cardamoms – 090832
·Cumin seeds – 090932
·Coriander seeds – 090922
·Cloves – 090720
Global Sales of Top Crushed or Ground Spices in 2024
Here are the most lucrative spice exports of the year, ranked by export value and their share of the global total:
·Peppercorn (ground) – $1.7B (38.3%)
·Pepper (whole) – $636.6M (14.5%)
·Spice mixtures – $585.3M (13.3%)
·Turmeric – $480.1M (10.9%)
·Saffron – $249M (5.7%)
·Cinnamon – $227.7M (5.2%)
·Ginger – $177.7M (4%)
·Cumin seeds – $136M (3.1%)
·Nutmeg – $90.3M (2.1%)
·Vanilla – $50.5M (1.1%)
·Coriander seeds – $36M (0.8%)
·Cardamoms – $26.5M (0.6%)
·Cloves – $22.4M (0.5%)
Export Performance: Biggest Gainers and Decliners
Strongest growth areas (2023–2024):
·Turmeric: +42.1%
·Pepper (whole): +40.1%
·Ginger: +19.2%
·Cumin seeds: +12.3%
·Cinnamon: +10.5%
·Cloves: +10.2%
·Sharpest declines:
·Saffron: –39.1% (notably used in dietary supplements and capsules)
·Vanilla: –6.4%
·Nutmeg: –6.2%
Top Spice Exporters by Company (2024)
According to Tendata, the following businesses led the global export market for crushed or ground spices in 2024:
1. Công Ty TNHH Rượu Thực Phẩm – 4.05% ($56.79M)
2. Công Ty TNHH Harris Freeman Việt Nam – 3.7% ($51.94M)
3. Granjas Carroll de México S de RL de CV – 3.66% ($51.35M)
4. Công Ty Cổ Phần Prosi Thăng Long – 3.61% ($50.58M)
5. Comercializadora PepsiCo México S de RL de CV – 3.04% ($42.61M)
6. Marinasol S.A. – 2.91% ($40.85M)
7. Shan Foods Private Limited – 2.71% ($38.03M)
8. N K Agro Exports India Private Limited – 1.84% ($25.82M)
9. Công Ty TNHH Sản Xuất Và Xuất Khẩu Rừng Xanh T&K – 1.68% ($23.51M)
10. Công Ty Cổ Phần Đầu Tư Xuất Nhập Khẩu Phúc Thịnh – 1.64% ($22.94M)
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