by Majestic Spice | Oct 16, 2024 | Majestic Spice News & Events
Current Market Overview As of October 2024, the global black pepper market remains volatile. Prices surged earlier this year due to supply chain disruptions, adverse weather, and increased demand, but recent weeks have seen some stabilization in key regions. In India...
by Majestic Spice | Oct 8, 2024 | Majestic Spice News & Events
[vc_row][vc_column][vc_column_text]Sesame, a key crop for both oil and seeds, is facing growing challenges due to changing weather and reduced farming areas. Major sesame-producing regions are already seeing less land dedicated to its cultivation, sparking concerns...
by Majestic Spice | Sep 24, 2024 | Majestic Spice News & Events
[vc_row][vc_column][vc_column_text]The spice industry, which imports products from around the globe, could face major challenges if a strike at U.S. East and Gulf Coast ports happens on October 1, 2024. This potential strike may disrupt supply chains for companies...
by Majestic Spice | Sep 17, 2024 | Majestic Spice News & Events
[vc_row][vc_column][vc_column_text]The almond market in 2024 is facing some challenges as it transitions into the new harvest season. With tighter supplies than usual, both domestic and international markets have felt the impact. In Sacramento, a major...
by Majestic Spice | Sep 10, 2024 | Majestic Spice News & Events
[vc_row][vc_column][vc_column_text]The global green cardamom market is projected to grow significantly over the next decade, reaching a market value of approximately USD 1.35 billion by 2033. This growth is driven by increasing demand across various industries,...
by Majestic Spice | Sep 3, 2024 | Majestic Spice News & Events
[vc_row][vc_column][vc_column_text]In 2024, the European Union has seen a significant increase in pecan imports, with volumes up by 18% compared to the previous year. The total imports reached 11,777 metric tons, valued at EUR 109 million. This rise is largely due to...
