Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The United States paid the most for bay leaves in Q3 2026: USD 4,515/MT, up 2.1% from USD 4,420/MT in Q2. Long supply chains, strict quality inspection and importer margins keep American prices above the other three markets. Worldwide, the average rose 2.2% to USD 3,995/MT from USD 3,909/MT, mostly because inflation and currency policy in Turkey lifted export costs, while climate-related losses reduced the supply of top-grade leaf. What about Q4 2026? We expect a global average somewhere in the USD 3,935-4,255/MT range, with the new-crop contracting round, quality of the harvest and inflation in Turkey doing most of the work.
Bay leaves are the dried leaves of the bay laurel tree, used whole or ground to flavor soups, stews, sauces, marinades and meat dishes. Prices depend on leaf grade, which is based on size, color and absence of stems and blemishes, the volume of the wild and cultivated harvest, moisture content and handling costs. Top grades such as select and hand-picked leaves earn a premium over standard mixed grades.
Turkey is the largest supplier, with a final product crop of around 12,000 tonnes in 2025, and most of it is collected in the wild in the Aegean and Mediterranean regions. The United States, Germany and the United Kingdom are important destinations, while shipments through third countries have been a major route to China. Exchange rate policy and inflation in Turkey influence export prices, and a changing climate has reduced the share of raw material suitable for top grades.
Prices should keep rising through the rest of 2026. The 2026 harvest is expected to be close to last year's if Chinese demand stays weak, but climate-related quality losses are lowering the supply of top grades, and inflation in Turkey is lifting costs. Contracting for the new crop takes place in October and November, and early offers should set the tone for the year. The Q3 2026 global average of USD 3,995/MT is 6.1% above the USD 3,765/MT of Q3 2025.
For Q4, the risks are weighted toward higher prices. What could push prices higher? Return of Chinese demand, a smaller crop of good quality, or higher inflation and costs in Turkey would lift prices. What could pull them lower? A larger crop with a high share of top grades, weaker demand in Western markets or a stronger Turkish lira in real terms would limit the rise.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 3,935 - 4,255 | Cost inflation and lower top-grade supply support steady increases |
| Turkey | 3,155 - 3,415 | Inflation and quality losses lift export quotations |
| Germany | 3,970 - 4,290 | Importers pass on origin costs with steady margins |
| United States | 4,445 - 4,810 | Long supply chains and inspection keep prices highest |
| United Kingdom | 4,165 - 4,505 | Origin costs and handling charges sustain steady increases |
Turkey registered a 2.4% increase in Q3 2026, taking the average to USD 3,205/MT from USD 3,130/MT in Q2. Turkish prices rose as higher domestic costs and a lower share of top-grade leaf lifted export offers. The Q3 2025 average of USD 3,000/MT puts the current price 6.8% above its level a year earlier. In comparison with the average of USD 3,995/MT across the four markets, the price in Turkey was 19.8% lower.
Why did the price of Bay Leaves change in Q3 2026 in Turkey?
Turkey recorded the largest rise among the four markets. Inflation and exchange rate policy increased costs for collectors and exporters, and climate-related losses reduced the share of leaf suitable for the top grades, which raised prices for those lots. At USD 3,205/MT, Turkey is 5.4% higher than in Q4 2025, when the average was USD 3,040/MT, and the global average is 4.8% higher over the same period.
Germany rose 2.2% to USD 4,030/MT in Q3 2026, from USD 3,945/MT in Q2. German prices rose as the importers paid more for select grades and passed on higher origin quotations. Year on year, the average is 6.1% higher, against USD 3,800/MT in Q3 2025. Germany ended the quarter 0.9% above the group average of USD 3,995/MT.
Why did the price of Bay Leaves change in Q3 2026 in Germany?
Germany rose by a similar margin. Importers paid more for select and hand-picked grades, passed on the higher origin quotations, and faced steady demand from seasoning blenders and retailers. This leaves Germany 4.7% higher than at the end of 2025, when the average was USD 3,850/MT, while the global average is 4.8% higher over the same period.
In Q3 2026, the average price in the United States rose 2.1% to USD 4,515/MT, compared with USD 4,420/MT in Q2. American prices rose as the importers covered needs at higher origin prices and quality inspection costs stayed firm. The current level is 6.0% above the Q3 2025 average of USD 4,260/MT. The price in the United States was 13.0% above the group average of USD 3,995/MT in Q3 2026.
Why did the price of Bay Leaves change in Q3 2026 in United States?
The United States rose by the smallest margin. Importers covered requirements at higher origin prices and kept margins steady, while inspection costs and long supply chains held the delivered price at the highest level among the four markets. From USD 4,310/MT at the close of 2025 to USD 4,515/MT in Q3 2026, the price in the United States has risen 4.8%, and the global average has risen 4.8%.
The United Kingdom's average moved up 2.2% in Q3 2026, to USD 4,230/MT from USD 4,140/MT in Q2. British prices rose as the importers followed origin quotations higher and secured supply ahead of the new-crop contracting round. A year earlier, in Q3 2025, the average stood at USD 4,000/MT, which makes the current price 5.8% higher. The gap to the four-market average of USD 3,995/MT was 5.9% above for the United Kingdom.
Why did the price of Bay Leaves change in Q3 2026 in United Kingdom?
The United Kingdom rose in line with Germany. Importers followed origin quotations higher and secured supply ahead of the new-crop contracting round, and demand from retailers and food service stayed steady. Across the first three quarters of 2026, the United Kingdom has moved up 4.4% from USD 4,050/MT in Q4 2025 to USD 4,230/MT, against a 4.8% gain for the global average.
Turkey's average moved up 1.3% in Q2 2026, to USD 3,130/MT from USD 3,090/MT in Q1. Turkish prices rose as the harvest started with a lower share of top-grade leaf and domestic costs increased. Compared with Q2 2025, when Turkey averaged USD 2,950/MT, the current price is 6.1% higher. Against the four-market average of USD 3,909/MT, Turkey stood 19.9% below in the quarter.
Why did the price of Bay Leaves change in Q2 2026 in Turkey?
Turkey rose as the harvest started with a lower share of top-grade leaf. Collection costs increased with domestic inflation, and exporters asked for higher prices on select grades. This came on top of a 1.6% gain in Q1, and the average ended 6.1% above its level of a year earlier, when it stood at USD 2,950/MT. Q3 added to the change, with the price at USD 3,205/MT.
Prices in Germany firmed 1.2% in Q2 2026 to USD 3,945/MT, compared with USD 3,900/MT in Q1. German prices rose as the importers paid more to secure select grades. Measured against Q2 2025, when the average stood at USD 3,750/MT, the market is 5.2% higher. Germany finished Q2 2026 0.9% above the four-market average of USD 3,909/MT.
Why did the price of Bay Leaves change in Q2 2026 in Germany?
Germany moved up gradually. Importers paid more to secure select grades, and seasoning blenders accepted modest increases on supply contracts. Q1 had brought a 1.3% gain, and by the end of Q2 the price was 5.2% above the Q2 2025 average of USD 3,750/MT. The move then extended in Q3, taking the price to USD 4,030/MT.
The United States recorded a 1.1% gain in Q2 2026, with the average reaching USD 4,420/MT against USD 4,370/MT in Q1. American prices rose as the importers followed origin prices higher and freight costs stayed firm. In Q2 2025 the average was USD 4,200/MT, so the market is 5.2% higher on a yearly basis. The four markets averaged USD 3,909/MT in the quarter, so the price in the United States was 13.1% higher.
Why did the price of Bay Leaves change in Q2 2026 in United States?
The United States rose as the importers followed origin prices higher. Freight costs stayed firm, and inspection requirements added cost for lots that needed re-testing. Coming after a 1.4% gain in Q1, the Q2 figure sits 5.2% above the USD 4,200/MT of Q2 2025. The same direction continued in Q3, with the price reaching USD 4,515/MT.
The Q2 2026 average for the United Kingdom stood at USD 4,140/MT, an increase of 1.0% on the USD 4,100/MT recorded in Q1. British prices rose as the importers passed on higher origin costs to retailers. This represents a 4.8% increase on the USD 3,950/MT recorded in Q2 2025. In comparison with the average of USD 3,909/MT across the four markets, the price in the United Kingdom was 5.9% higher.
Why did the price of Bay Leaves change in Q2 2026 in United Kingdom?
The United Kingdom rose as the importers passed on higher origin costs to retailers, and steady demand from food service supported prices. The 1.2% gain in Q1 set the base, and Q2 finished 4.8% above the USD 3,950/MT recorded a year earlier. Q3 added to the change, with the price at USD 4,230/MT.
Bay leaves prices have risen in every quarter of the window. The global average moved from USD 3,662/MT in Q1 2025 to 3,712 in Q2, 3,765 in Q3 and 3,812 in Q4, then 3,865 in Q1 2026, 3,909 in Q2 and 3,995 in Q3, a net gain of roughly 9.1% across the window. Cost inflation in Turkey, a falling share of top-grade leaf and steady Western demand have lifted prices in small steps, with the strongest increase in the latest quarter.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q3 2026 | 3,995 | +2.2% | ↑ Rising |
| Q2 2026 | 3,909 | +1.1% | ↑ Rising |
| Q1 2026 | 3,865 | +1.4% | ↑ Rising |
| Q4 2025 | 3,812 | +1.2% | ↑ Rising |
| Q3 2025 | 3,765 | - | - Stable |
| Q4 2026 | In Progress | - | - In Progress |
2025 was a year of steady increases for bay leaves, with prices rising in each quarter in all four markets. Starting near USD 3,662/MT in Q1, the global average finished the year at 3,812 in Q4, a gain of about 4.1%. Inflation and exchange rate policy in Turkey raised the cost of collection and export, and the supply of top grades was reduced by climate-related quality losses.
In Turkey, prices moved from about USD 2,900/MT in Q1 2025 to USD 3,040/MT by Q4, up roughly 4.8%. Turkish prices rose steadily as collection costs and domestic inflation increased and the share of top-grade leaf fell. Relative to the end of 2025, the price in Turkey is 5.4% higher at USD 3,205/MT.
In Germany, prices moved from about USD 3,700/MT in Q1 2025 to USD 3,850/MT by Q4, up roughly 4.1%. German prices rose at a slightly lower pace, as the importers absorbed part of the increase in origin costs. By Q3 2026 the average for Germany had reached USD 4,030/MT, 4.7% above the Q4 2025 close.
In the United States, prices moved from about USD 4,150/MT in Q1 2025 to USD 4,310/MT by Q4, up roughly 3.9%. American prices rose in step with Germany, supported by a gradual recovery in imports from Turkey. The latest quarter places the United States at USD 4,515/MT, which is 4.8% above the level at which 2025 ended.
In the United Kingdom, prices moved from about USD 3,900/MT in Q1 2025 to USD 4,050/MT by Q4, up roughly 3.8%. British prices rose at a similar pace, helped by steady demand from retailers and food service. Since the 2025 close of USD 4,050/MT, the price in the United Kingdom has moved up 4.4%, reaching USD 4,230/MT in Q3 2026.
Expert Market Research: Your Source for Real-Time Bay Leaves Price Intelligence
We keep a continuous eye on bay leaves prices wherever it is produced or consumed at scale, tracing causation through harvest volume, leaf grade, currency and inflation in Turkey, climate effects, freight costs and demand from seasoning blenders. Our forecasts draw on crop reports, trade data, grade premiums and buyer feedback across all reporting regions, so subscribers see why a price moved and not just that it did. Need pricing data, bespoke market analysis, or procurement advisory? Reach out to our team.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Flavoring soups, stews, sauces, marinades and meat dishes, sold whole or ground in retail, food service and industrial channels.
In Q3 2026, it averaged USD 3,205/MT in Turkey, USD 4,030/MT in Germany, USD 4,515/MT in the United States, and USD 4,230/MT in the United Kingdom. The United States was the priciest market.
The global average went from USD 3,812/MT in Q4 2025 to 3,865 in Q1, 3,909 in Q2 and 3,995 in Q3, up 4.8% overall. Steady gains in every quarter followed the rise in Turkish costs and the loss of top-grade leaf.
Inflation in Turkey and climate-related quality losses lifted export prices, and importers passed them on.
We expect a global average somewhere in the USD 3,935-4,255/MT range. New-crop contracting, cost inflation and lower top-grade supply support a higher range.
The United States sits at the top and Turkey at the bottom. The United States pays the most because of long supply chains and inspection, while Turkey sits lowest at origin.
Monthly. Need something more current? The Expert Market Research team is available directly.
Harvest volume, leaf grade, inflation and currency in Turkey, climate effects, freight and demand drive the volatility.
Turkey is the largest supplier, mainly from wild collection in the Aegean and Mediterranean regions, with the United States, Germany and the United Kingdom as key buyers.
Contract during the October and November window, specify grade and moisture limits, and split volume across several exporters.
One Year Subscription
One Year Subscription
USD 799
USD 699
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.