Vietnam’s exports of spices and seasonings to the EU still have room for growth

Herbs, Spices & Seasonings

Vietnam

Regulation & Compliances

Market & Price Trends

Published Oct 7, 2023

Tridge summary

Vietnam's exports of spices and seasonings to Europe have shown fluctuations over the past five years, but there is potential for long-term growth. The outbreak of the new coronavirus has led to a rapid increase in exports of immune-supporting spices like ginger, turmeric, and garlic to Europe in 2020 and 2021. Europe is a major importer of spices and seasonings, with Germany, the United Kingdom, the Netherlands, Spain, and other countries being the main import markets. Developing countries account for over 95% of Europe's spice imports, and exporters from these countries have opportunities due to increased focus on health benefits and sustainable production. However, exporters must meet strict regulations related to allergens, toxicity, and food safety in order to participate in the European market.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to information from Vietnam’s Commercial Office in Belgium and the European Union, although Vietnam’s exports of spices and seasonings to Europe have fluctuated over the past five years, there is still room for growth in the long term. Statistics show that exports of immune-supporting spices such as ginger, turmeric and garlic to Europe have grown rapidly in 2020 and 2021 due to the outbreak of the new coronavirus. The spices and seasonings with the greatest demand in the European market include ginger, turmeric, pepper, vanilla, and cinnamon. The main import markets are Germany, the United Kingdom, the Netherlands, Spain and other countries. According to the Vietnamese Commercial Office in Belgium and the European Union, Europe is one of the main regions for importing spices and seasonings, accounting for about a quarter of the world’s total imports of spices and seasonings. It is worth noting that 40% of the spices and seasonings imported to Europe , more ...

Source: Foodmate