
Market report week 22
Summary of global spices market trends. Week 22 (2026). Main price movements by product.

Favorable weather in March and good expectations for the 2026 summer crop are driving prices down.
Any adverse weather phenomenon can change the trend.
Supply continues to be irregular, causing high volatility in the market, which is expected to last until the start of the new season in April.
The new cassia season has just started in Vietnam and expectations are promising, with domestic demand somewhat weak, growers’ efforts are focused on exports.
Falling prices.
The cumin market is facing downward pressure due to the increased arrival of the new crop and a significant decline in export demand from the Middle East.
Geopolitical tensions with Iran have further affected market confidence, causing prices to fall.
Turmeric prices show a downward trend as demand from wholesalers remains weak even at low prices.
Speculative selling, driven by uncertainty in the international situation, has led to a significant drop in futures prices, and no immediate recovery is expected.
The international situation in the area and stock adjustments by importers have caused prices to fall in the short term.
The market is expected to recover its level soon, as crop expectations for next summer are lower than in previous years.
Last October’s good harvest facilitated a considerable drop in prices, which has remained stable to date, although tensions in the Middle East and crop expectations in 2026 are causing some concern and instability in the market.
Oregano of Turkish origin is suffering great tensions in prices due to its scarce harvest and the war in the area. This has led to an increase in demand for Peruvian oregano.
In addition to this situation, the quantities available under EU guarantee are even more limited. Demand far exceeds supply, so prices have risen sharply and the trend is still upward.
Pepper prices have recently moderated mainly due to increased supply due to the arrival of the new crop and lower demand.
However, the market may find support soon, as long-term fundamentals still point to an uptrend.
At this stage, the quantities available in Brazil are scarce. The main concern is related to possible impacts on production costs, particularly in inputs such as fertilizers, phytosanitary products and fuels. Rising prices.
The vanilla market continues to experience an oversupply compared to demand. Many stockists are lowering their prices to reduce their stocks. The trend continues to be downward for this product.

Summary of global spices market trends. Week 22 (2026). Main price movements by product.

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Global spices market trends summary – Week 6 (2026). Main price movements and availability by product.
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