Price for Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia - 2023
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $4,813 per ton in 2022, shrinking by -27.3% against the previous year. Over the period under review, the import price, however, posted significant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 367%. The import price peaked at $6,624 per ton in 2021, and then reduced sharply 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 South Korea ($4,773 per ton), while the price for the United States ($4,769 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (FOB) - 2022
In 2022, the average export price for spices; mixtures of 2 or more products of the same heading amounted to $10,105 per ton, with a decrease of -54.1% against the previous year. In general, the export price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 357% against the previous year. The export price peaked at $23,972 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($11,250 per ton), while the average price for exports to the United Arab Emirates ($9,727 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 the United Arab Emirates (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia
In 2022, the amount of spices; mixtures of 2 or more products of the same heading imported into Bolivia surged to 4.3 tons, jumping by 21% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports reached the peak of 12 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; mixtures of 2 or more products of the same heading declined to $21K in 2022. Overall, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of $31K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.9 | 5.2 | 8.1 | 12.3 | -8.2% |
Argentina | 2.7 | 3.2 | 3.6 | 6.5 | 34.0% |
South Korea | N/A | 2.3 | 2.9 | 1.2 | -27.8% |
Peru | 1.6 | 5.4 | N/A | N/A | 237.5% |
El Salvador | 2.9 | 7.1 | 6.9 | N/A | 54.3% |
Turkey | N/A | 6.4 | N/A | N/A | 0% |
Others | 2.5 | 1.6 | 1.9 | 0.6 | -37.9% |
Total | 25.5 | 31.3 | 23.3 | 20.6 | -6.9% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Bolivia in 2022:
- United States (2.6 tons)
- Argentina (1.4 tons)
- South Korea (0.2 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia
In 2022, shipments abroad of spices; mixtures of 2 or more products of the same heading was finally on the rise to reach 1.3 tons after two years of decline. Overall, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; mixtures of 2 or more products of the same heading shrank to $13K in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 348% against the previous year. As a result, the exports attained the peak of $14K, and then contracted in the following year.
Export of Spices; Mixtures of 2 or More Products of the Same Heading in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1.7 | 1.3 | N/A | 6.3 | 54.7% |
United Arab Emirates | N/A | N/A | 2.3 | 0.1 | -95.7% |
Philippines | 1.7 | 0.4 | N/A | N/A | -76.5% |
Egypt | N/A | N/A | 5.9 | N/A | 0% |
Canada | N/A | N/A | 0.5 | N/A | 0% |
Others | 2.0 | 1.3 | 4.8 | 6.3 | 46.6% |
Total | 5.4 | 3.0 | 13.6 | 12.8 | 33.3% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Bolivia in 2022:
- Spain (623.0 kg)
- United Arab Emirates (11.0 kg)
- Egypt (4.0 kg)
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