# Flavours and fragrances and Pepper & spices

Pepper & spices is a raw material for flavours and fragrances; their prices have moved together.

Source page: https://www.materialinsights.org/links/flavours-and-fragrances-and-pepper-and-spices/

[Flavours and fragrances](https://www.materialinsights.org/chemicals/flavours_fragrances/) (chemical) and [Pepper & spices](https://www.materialinsights.org/commodities/spices/) (commodity): 2 relationships.

## How they are linked

### 1. Feedstock

*Physical flow · Direct · Pepper & spices → Flavours and fragrances*

Flavours and fragrances is made from pepper & spices: it is one of the raw materials its production routes start from.

### 2. Price link: derived product

*Cost and price · Weak · Both ways*

Spice oils and oleoresins, extracted from pepper, chilli and turmeric, are ingredients in the flavour industry, and India is a large maker. The flavours index does not follow the spice proxy: monthly moves correlate at minus 0.01 and yearly moves at minus 0.17.

- **-0.01** monthly change correlation
- **-0.17** 12-month change correlation
- **0.46** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.