Illicit trade and policy drift unsettle spice market

Cardamom prices in Addis Abeba have more than doubled in a week, reaching nearly 2,900 Br per kilogram. This surge, linked to illicit trade and policy uncertainties, has stunned shopkeepers and shoppers. Shelled cardamom now sells for up to 4,500 Br per kilogram.

A week of upheaval in Addis Abeba's spice markets has disrupted routine business. Cardamom prices, for the staple known locally as Korerima, surged from 1,500 to 1,600 Br per kilogram to nearly 2,900 Br. Shelled cardamom now fetches up to 4,500 Br, shocking retailers and buyers with its speed.

The markets are facing exceptional volatility, particularly in cardamom, a key ingredient in Ethiopian cuisine. This price escalation, reported on December 20, 2025, by Fortune staff writer Yitbarek Getachew, stems from illicit trade and policy drifts that have unsettled the sector. Shopkeepers report stunned reactions as costs double, affecting households across the city.

While the full impacts remain unfolding, the sudden shift highlights vulnerabilities in Ethiopia's spice trade, a vital part of local commerce and daily life.

Makala yanayohusiana

Rising prices of cooking oil are forcing families and small businesses in Addis Ababa to make tough choices. Households are cutting back on consumption, altering dietary habits, or even pausing operations that can no longer afford costs. Retailers and wholesalers face an unpredictable market with no immediate signs of supply stabilization.

Imeripotiwa na AI

In Addis Ababa's livestock markets, high prices driven by illegal checkpoints and inflation are overshadowing the festive preparations for Ethiopian Christmas on January 7. Families like those of Gizachew and Eshetu face tripled costs for oxen, forcing cutbacks on traditional celebrations. Government efforts to stabilize supplies have yet to ease the strain on households.

Red bird's eye chili prices in Pasar Minggu, South Jakarta, reached Rp140,000 per kilogram over the last two days, up from Rp90,000 to Rp100,000. The surge is due to the rainy season disrupting supply, while the government plans to coordinate with businesses to stabilize prices ahead of Lebaran.

Imeripotiwa na AI

Wakulima wa mahindi waliohodhi nafaka yao Bonde la Ufa Kaskazini wana hatari ya hasara baada ya bei kushuka kutokana na mahindi nafuu kutoka Tanzania na bidhaa mbadala. Bei imeshuka hadi Sh4,000 kwa mfuko wa kilo 90 huku soko likikosa kubadilika. Hii inawafanya wakulima kuuza kwa hasara.

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