According to the Coordinating Ministry for Economic Affairs, global demand forspices is rising amidst the COVID-19 pandemic as the world is becoming moreaware of its healing properties.
The ministry's food and agribusiness coordination deputy Musdhalifah Machmudnoted Indonesia recorded 218 million USD for spice exports in January-April2020, a 19.28 percent rise from the same period in 2019.
Musdhalifah said majoreconomies such as the EU, the US, and Japan amount to 47 percent of thetotal global spice imports, with the EU holding the largest share of 34percent.
The EU is predicted to have a fivefold increase in spice imports in 2050, sheadded./.