Price for Spices; Cardamoms, Crushed or Ground in Morocco - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Morocco (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Morocco (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Morocco
- Exports of Spices; Cardamoms, Crushed or Ground in Morocco
Price for Spices; Cardamoms, Crushed or Ground in Morocco (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $49,412 per ton, dropping by -14.4% against the previous year. Overall, import price indicated moderate growth from 2015 to 2022: its price increased at an average annual rate of +2.9% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 35%. The import price peaked at $57,711 per ton in 2021, and then shrank in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($49,416 per ton), while the price for Guatemala totaled $49,333 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Morocco (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $80,750 per ton, with an increase of 42% against the previous year. Over the period under review, the export price posted notable growth. The most prominent rate of growth was recorded in 2017 an increase of 111%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for Canada amounted to +40.7% per year.
Imports of Spices; Cardamoms, Crushed or Ground in Morocco
In 2022, approx. 1.2 tons of spices; cardamoms, crushed or ground were imported into Morocco; with an increase of 512% on the year before. Over the period under review, imports recorded a significant increase. 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 $59K in 2022. In general, imports continue to indicate a significant expansion. 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.7 | 3.1 | 8.9 | 57.2 | 149.1% |
| Guatemala | 0.7 | 0.2 | 1.0 | 1.5 | 28.9% |
| France | 1.8 | N/A | 0.1 | N/A | -76.4% |
| Others | 2.7 | 0.3 | 1.2 | N/A | -33.3% |
| Total | 9.0 | 3.5 | 11.2 | 58.7 | 86.8% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Morocco in 2022:
- India (1157.0 kg)
- Guatemala (30.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Morocco
In 2022, the amount of spices; cardamoms, crushed or ground exported from Morocco soared to 4 kg, with an increase of 33% compared with the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; cardamoms, crushed or ground exports skyrocketed to $323 in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cardamoms, Crushed or Ground in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 323 | 0% |
| Spain | 58.0 | N/A | N/A | N/A | 0% |
| Norway | N/A | 37.0 | N/A | N/A | 0% |
| New Zealand | N/A | N/A | 158 | N/A | 0% |
| Poland | N/A | 48.0 | N/A | N/A | 0% |
| Qatar | N/A | N/A | 13.0 | N/A | 0% |
| Bahrain | N/A | 2.0 | N/A | N/A | 0% |
| Others | 58.0 | 45.0 | N/A | N/A | -22.4% |
| Total | 116 | 132 | 171 | 323 | 40.7% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Morocco in 2022:
- Germany (4.0 kg)
364
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Morocco.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
364
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Morocco.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
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
8454
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.
3900
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,
3791
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
8454
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.
3900
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,
