The EU is still a promising market for Vietnamese spices

Statistics show that sales of functional spices that support immune function, such as ginger, turmeric and garlic, grew especially rapidly in 2020 and 2021 due to the Covid-19 epidemic. The European market is also marked by growing interest in sustainably sourced spices; In which, certification plays an important role. The European countries that offer the most opportunities are Germany, the UK, the Netherlands and Spain. Among the products most in demand are ginger and turmeric, while pepper, vanilla and cinnamon remain major market players in Europe. Nutmeg in particular has also seen significant growth recently. According to the Vietnam Trade Office in Belgium and the EU, this is one of the leading regions importing spices and flavorings, accounting for about 1/4 of the world's total imports. Notably, more than 95% of imports from outside Europe come from developing countries. The strong dependence on spice imports from developing countries also means that most trade in ...