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Why Spices Cost as Much as Gold

Miqo editors · 2 sources

Why spices were worth carrying halfway around the world

Spices are dry and light. A sack of pepper takes up as much space in a ship's hold as a sack of grain, but grain grows almost everywhere, while black pepper came from India's Malabar Coast and for a long time grew almost only there. Cloves and nutmeg were even more concentrated: on a few islands in the Moluccan archipelago, and nowhere else on Earth. If cargo space is limited and a voyage lasts months, it pays to carry what will not spoil on the way and cannot be grown at home.

Then the arithmetic of the journey took over. A sailing ship traveled from Europe to the East Indies for about 8 months one way - waiting for monsoons, losing ships and crews. Every voyage was a gamble, and the price at the destination had to pay not only for the ships that arrived, but also for the ones that didn't.

5islands - nearly all cloves
~8 mos.Europe to East Indies
1498Europeans reached India by sea

Spices got expensive in transit, not in the field

A spice changed hands many times. From the Moluccan Islands, it was carried to the ports of Java and Malacca, then to Indian cities, onward through Arabia and the Red Sea to Alexandria, and from Alexandria Venetian merchants distributed it across Europe. Every transfer meant a new duty, a new middleman, a new markup. The person who grew the tree received a tiny share of what people paid in Europe.

  1. Moluccas
  2. India
  3. Alexandria
  4. Venice

That is why the sea route around Africa was not about the romance of discovery. In 1498, the Portuguese reached India by sea and tried to cut the middle out of the chain. In the 17th century, the Dutch East India Company went further: it artificially maintained scarcity by cutting down excess trees on islands it controlled, and on Banda in 1621 it exterminated and expelled nearly the entire local population. By then, the price was sustained not by distance, but by the absence of competitors.

Historians debate the literal claim that spices were worth their weight in gold: it is more a neat phrase than accounting. Another common explanation - that spices were used to cover the smell of rotten meat - also falls apart: anyone who could afford spices ate fresher food.

The ending is simple. In the 18th century, nutmeg and clove seedlings were secretly taken from the islands to Mauritius, and from there they spread farther - to Zanzibar, and later Grenada. The plant turned out to be just a plant: it took root. The rarity vanished in a couple of generations, and what maps had been redrawn for ended up in the grinder on your kitchen table.

What was expensive was not the spice, but its inaccessibility. As soon as the seeds left the islands, the price collapsed - the pepper itself did not change by a gram.

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Sources

  1. On the history of spices and the Dutch East India Company: Jack Turner, “Spice: The History of a Temptation” (2004)
  2. scholarship on the Banda Islands and the VOC monopoly