Price for Spices; Cardamoms, Crushed or Ground in Brazil - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Brazil (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Brazil (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Brazil
- Exports of Spices; Cardamoms, Crushed or Ground in Brazil
Price for Spices; Cardamoms, Crushed or Ground in Brazil (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $18,641 per ton in 2022, falling by -8.6% against the previous year. In general, the import price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 100%. As a result, import price attained the peak level of $28,033 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($20,868 per ton), while the price for India totaled $11,041 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cardamoms, Crushed or Ground in Brazil (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $13,314 per ton, increasing by 86% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($15,000 per ton), while the average price for exports to India ($2,455 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+100.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Brazil
In 2022, supplies from abroad of spices; cardamoms, crushed or ground was finally on the rise to reach 3.1 tons after two years of decline. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; cardamoms, crushed or ground imports soared to $58K in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cardamoms, Crushed or Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 3.9 | 4.1 | 2.9 | 47.0 | 129.3% |
| India | 15.0 | 3.4 | 0.5 | 8.8 | -16.3% |
| Germany | 5.8 | 4.0 | 2.7 | N/A | -31.8% |
| Others | 0.2 | 4.2 | 0.2 | 1.7 | 104.1% |
| Total | 24.9 | 15.7 | 6.3 | 57.5 | 32.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Brazil in 2022:
- Guatemala (2.3 tons)
- India (0.8 tons)
Exports of Spices; Cardamoms, Crushed or Ground in Brazil
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; cardamoms, crushed or ground, when their volume decreased by -31% to 118 kg. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 163% against the previous year. As a result, the exports attained the peak of 171 kg, and then dropped remarkably in the following year.
In value terms, spices; cardamoms, crushed or ground exports skyrocketed to $1.6K in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 243% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Spices; Cardamoms, Crushed or Ground in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Marshall Islands | 88.0 | 168 | 572 | 811 | 109.7% |
| Singapore | 56.0 | 72.0 | 270 | 231 | 60.4% |
| Panama | 3.0 | 2.0 | 100 | 185 | 295.1% |
| Hong Kong SAR | N/A | 15.0 | 27.0 | 75.0 | 123.6% |
| India | N/A | N/A | N/A | 27.0 | 0% |
| Denmark | N/A | 25.0 | 120 | 26.0 | 2.0% |
| Liberia | 16.0 | 60.0 | 66.0 | 12.0 | -9.1% |
| Japan | 33.0 | N/A | 50.0 | N/A | 23.1% |
| Others | 7.0 | 15.0 | 21.0 | 204 | 207.7% |
| Total | 203 | 357 | 1,226 | 1,571 | 97.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Brazil in 2022:
- Marshall Islands (60.0 kg)
- Singapore (18.0 kg)
- Panama (15.0 kg)
- India (11.0 kg)
- Hong Kong SAR (5.0 kg)
- Liberia (2.0 kg)
- Denmark (2.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
625
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8418
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3860
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3773
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8418
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3860
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
