Price for Spices; Cardamoms, Crushed or Ground in Germany - 2023

Contents:

  1. Price for Spices; Cardamoms, Crushed or Ground in Germany (FOB) - 2022
  2. Price for Spices; Cardamoms, Crushed or Ground in Germany (CIF) - 2022
  3. Exports of Spices; Cardamoms, Crushed or Ground in Germany
  4. Imports of Spices; Cardamoms, Crushed or Ground in Germany

Price for Spices; Cardamoms, Crushed or Ground in Germany (FOB) - 2022

In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $24,031 per ton, with a decrease of -9% against the previous year. In general, the export price, however, continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2020 an increase of 51% against the previous year. As a result, the export price reached the peak level of $26,801 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($42,321 per ton), while the average price for exports to the Czech Republic ($5,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Spices; Cardamoms, Crushed or Ground in Germany (CIF) - 2022

In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $15,921 per ton, which is down by -7.9% against the previous year. Overall, the import price, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 36%. The import price peaked at $17,279 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($22,984 per ton), while the price for Vietnam ($1,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Spices; Cardamoms, Crushed or Ground in Germany

In 2022, the amount of spices; cardamoms, crushed or ground exported from Germany shrank slightly to 165 tons, dropping by -3% against the year before. Overall, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.2% against the previous year.

In value terms, spices; cardamoms, crushed or ground exports contracted to $4M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.

Export of Spices; Cardamoms, Crushed or Ground in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3898861,16298136.1%
Poland31545550181537.3%
France13537137224221.5%
Switzerland1691862702127.8%
Austria312333322204-13.2%
Netherlands305275319193-14.1%
Belgium10921118115612.7%
Finland7.796.0132155172.0%
Sweden185271225125-12.3%
United Kingdom46.139.410911535.6%
Norway25275.6126108-24.6%
Czech Republic39.975.892.481.326.8%
United States55541313675.4-48.6%
Others28648854450420.8%
Total3,1054,1774,4923,9688.5%

Top Export Markets for Spices; Cardamoms, Crushed or Ground from Germany in 2022:

  1. Denmark (39.6 tons)
  2. Poland (31.6 tons)
  3. Czech Republic (14.1 tons)
  4. Netherlands (10.7 tons)
  5. Austria (9.9 tons)
  6. France (9.3 tons)
  7. Switzerland (7.0 tons)
  8. Belgium (6.9 tons)
  9. Finland (4.1 tons)
  10. Sweden (4.0 tons)
  11. Norway (3.4 tons)
  12. United Kingdom (2.7 tons)
  13. United States (2.1 tons)

Imports of Spices; Cardamoms, Crushed or Ground in Germany

In 2022, approx. 158 tons of spices; cardamoms, crushed or ground were imported into Germany; with a decrease of -33.8% on 2021. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, imports attained the peak of 239 tons, and then reduced dramatically in the following year.

In value terms, spices; cardamoms, crushed or ground imports dropped notably to $2.5M in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 86%. As a result, imports attained the peak of $4.1M, and then dropped dramatically in the following year.

Import of Spices; Cardamoms, Crushed or Ground in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala1,3661,2352,0721,5504.3%
Netherlands635388953482-8.8%
TanzaniaN/A1285561487.5%
United Kingdom423198106128-32.9%
Honduras2851.7N/A35.2-50.2%
Vietnam0.85.337.927.7225.9%
Others342259397143-25.2%
Total3,0522,2164,1222,514-6.3%

Top Suppliers of Spices; Cardamoms, Crushed or Ground to Germany in 2022:

  1. Guatemala (95.9 tons)
  2. Netherlands (23.1 tons)
  3. Vietnam (16.3 tons)
  4. United Kingdom (9.0 tons)
  5. Tanzania (6.5 tons)
  6. Honduras (1.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cardamoms, crushed or ground - Germany