Price for Spices; Mace, Crushed or Ground in Peru - 2021
Contents:
- Price for Spices; Mace, Crushed or Ground in Peru (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Peru (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Peru
- Exports of Spices; Mace, Crushed or Ground in Peru
Price for Spices; Mace, Crushed or Ground in Peru (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $32,463 per ton, reducing by -10.5% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; mace, crushed or ground import price increased by +26.9% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 61%. The import price peaked at $50,295 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Austria ($37,679 per ton), while the price for Indonesia ($24,619 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.7%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Mace, Crushed or Ground in Peru (FOB) - 2022
The average export price for spices; mace, crushed or ground stood at $11,957 per ton in 2022, falling by -5.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 57%. As a result, the export price attained the peak level of $12,700 per ton, and then dropped in the following year.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +0.5% per year.
Imports of Spices; Mace, Crushed or Ground in Peru
Spices; mace, crushed or ground imports into Peru declined remarkably to 190 kg in 2022, reducing by -22.8% on the previous year's figure. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 85%. As a result, imports attained the peak of 246 kg, and then declined remarkably in the following year.
In value terms, spices; mace, crushed or ground imports dropped remarkably to $6.2K in 2022. Over the period under review, imports saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. As a result, imports attained the peak of $8.9K, and then shrank dramatically in the following year.
| Import of Spices; Mace, Crushed or Ground in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 1.7 | 1.0 | 2.8 | 1.7 | 0.0% |
| Indonesia | 3.0 | 1.1 | 1.7 | 1.1 | -28.4% |
| Germany | 2.0 | 1.4 | 1.6 | 0.9 | -23.4% |
| Others | N/A | N/A | 2.8 | 2.5 | -10.7% |
| Total | 6.6 | 3.4 | 8.9 | 6.2 | -2.1% |
Top Suppliers of Spices; Mace, Crushed or Ground to Peru in 2022:
- Austria (45.0 kg)
- Indonesia (43.0 kg)
- Germany (30.0 kg)
Exports of Spices; Mace, Crushed or Ground in Peru
Spices; mace, crushed or ground exports from Peru skyrocketed to 46 kg in 2022, increasing by 53% on the year before. In general, exports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2020 when exports increased by 75%. As a result, the exports attained the peak of 89 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; mace, crushed or ground exports surged to $550 in 2022. Over the period under review, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. As a result, the exports reached the peak of $718. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Mace, Crushed or Ground in Peru (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 477 | 718 | 381 | 550 | 4.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 477 | 718 | 381 | 550 | 4.9% |
Top Export Markets for Spices; Mace, Crushed or Ground from Peru in 2022:
- Canada (46.0 kg)
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Peru.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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,
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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
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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.
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