Price for Spices; Cardamoms, Neither Crushed Nor Ground in Spain - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Spain (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Spain (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Spain
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Spain
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Spain (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $8,878 per ton in 2022, shrinking by -40.8% against the previous year. Overall, the import price saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45%. The import price peaked at $19,015 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,768 per ton), while the price for Guatemala ($7,869 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 (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Spain (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $13,110 per ton, dropping by -15.9% against the previous year. Overall, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 110%. The export price peaked at $22,960 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($21,745 per ton), while the average price for exports to the Netherlands ($2,933 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 Denmark (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Spain
For the fourth year in a row, Spain recorded growth in overseas purchases of spices; cardamoms, neither crushed nor ground, which increased by 19% to 148 tons in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 178% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground shrank markedly to $1.3M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 239% against the previous year. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 263 | 1,030 | 1,090 | 949 | 53.4% |
| Netherlands | 235 | 654 | 556 | 258 | 3.2% |
| India | 2.0 | 59.4 | 123 | 36.5 | 163.3% |
| Others | 66.4 | 180 | 92.5 | 66.3 | -0.1% |
| Total | 567 | 1,923 | 1,861 | 1,310 | 32.2% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Spain in 2022:
- Guatemala (120.6 tons)
- Netherlands (21.3 tons)
- India (2.3 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Spain
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; cardamoms, neither crushed nor ground, when their volume decreased by -16.7% to 42 tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 173% against the previous year.
In value terms, exports of spices; cardamoms, neither crushed nor ground contracted remarkably to $556K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 138%.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 35.7 | 208 | 270 | 257 | 93.1% |
| Italy | 9.7 | 21.1 | 31.9 | 58.8 | 82.3% |
| Belgium | 23.2 | 41.3 | 68.2 | 46.4 | 26.0% |
| Portugal | 26.7 | 24.3 | 73.8 | 38.4 | 12.9% |
| Turkey | N/A | 41.3 | 51.8 | 38.1 | -4.0% |
| Netherlands | 2.9 | 14.8 | 52.3 | 19.4 | 88.4% |
| Germany | N/A | N/A | 4.8 | 14.6 | 204.2% |
| Denmark | N/A | 2.3 | 8.0 | 5.4 | 53.2% |
| United Kingdom | 85.9 | 95.7 | 95.2 | N/A | 5.3% |
| Others | 94.2 | 212 | 138 | 78.2 | -6.0% |
| Total | 278 | 661 | 794 | 556 | 26.0% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Spain in 2022:
- France (17.8 tons)
- Netherlands (6.6 tons)
- Italy (5.8 tons)
- Belgium (4.0 tons)
- Germany (2.4 tons)
- Turkey (1.8 tons)
- Portugal (1.3 tons)
- Denmark (1.3 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Spain.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
565
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Spain.
4020
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
8450
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.
3899
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
8450
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.
3899
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,
