Price for Spices; Cardamoms, Crushed or Ground in Bulgaria - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Bulgaria (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Bulgaria (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Bulgaria
- Exports of Spices; Cardamoms, Crushed or Ground in Bulgaria
Price for Spices; Cardamoms, Crushed or Ground in Bulgaria (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $18,104 per ton in 2022, which is down by -14.7% against the previous year. Over the period under review, the import price, however, showed a slight increase. The pace of growth appeared the most rapid in 2014 an increase of 309%. Over the period under review, average import prices attained the maximum at $48,909 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Greece ($45,231 per ton), while the price for Spain ($12,943 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Bulgaria (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $12,725 per ton in 2022, declining by -31.1% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 120% against the previous year. As a result, the export price reached the peak level of $22,567 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($66,227 per ton), while the average price for exports to Germany ($772 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+35.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Bulgaria
In 2022, after three years of growth, there was significant decline in purchases abroad of spices; cardamoms, crushed or ground, when their volume decreased by -48.7% to 785 kg. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 125% against the previous year.
In value terms, spices; cardamoms, crushed or ground imports fell remarkably to $14K in 2022. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 299%. As a result, imports attained the peak of $49K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Cardamoms, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 9.7 | N/A | 8.7 | 5.2 | -18.8% |
| Germany | N/A | 12.9 | 16.8 | 4.0 | -44.3% |
| Netherlands | 1.7 | N/A | N/A | 2.3 | 10.6% |
| North Macedonia | N/A | N/A | N/A | 0.9 | 0% |
| Greece | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Italy | N/A | N/A | N/A | 0.6 | 0% |
| Austria | N/A | 0.5 | N/A | 0.5 | 0.0% |
| Poland | N/A | 1.4 | 5.3 | N/A | 278.6% |
| Honduras | N/A | 33.6 | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | 1.4 | 0.1 | -50.0% |
| Total | 12.2 | 48.8 | 32.5 | 14.2 | 5.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Bulgaria in 2022:
- Spain (400.0 kg)
- Germany (201.0 kg)
- Netherlands (80.0 kg)
- North Macedonia (48.0 kg)
- Italy (30.0 kg)
- Greece (13.0 kg)
- Austria (12.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Bulgaria
In 2022, approx. 561 kg of spices; cardamoms, crushed or ground were exported from Bulgaria; dropping by -24.7% on the year before. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 271% against the previous year.
In value terms, spices; cardamoms, crushed or ground exports dropped dramatically to $7.1K in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 203% against the previous year. As a result, the exports reached the peak of $14K, and then plummeted in the following year.
| Export of Spices; Cardamoms, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | N/A | 0.2 | 1.0 | 1.6 | 182.8% |
| Canada | N/A | N/A | N/A | 1.5 | 0% |
| Greece | 1.5 | 1.5 | 1.7 | 1.3 | -4.7% |
| Poland | N/A | N/A | N/A | 0.5 | 0% |
| Estonia | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Cyprus | 7.7 | 1.7 | 7.3 | N/A | -2.6% |
| United Kingdom | N/A | N/A | 1.4 | N/A | 0% |
| Italy | N/A | 1.0 | N/A | N/A | 0% |
| Others | 0.4 | N/A | 2.0 | 1.7 | 62.0% |
| Total | 9.6 | 4.5 | 13.8 | 7.1 | -9.6% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Bulgaria in 2022:
- Germany (320.0 kg)
- North Macedonia (55.0 kg)
- Greece (30.0 kg)
- Canada (22.0 kg)
- Poland (10.0 kg)
- Estonia (8.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bulgaria.
3970
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 Bulgaria.
3970
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3767
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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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,
3767
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
8402
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.
3847
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,
