Price for Spices; Cardamoms, Crushed or Ground in Estonia - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Estonia (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Estonia (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Estonia
- Exports of Spices; Cardamoms, Crushed or Ground in Estonia
Price for Spices; Cardamoms, Crushed or Ground in Estonia (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $26,156 per ton in 2022, which is down by -21.4% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the maximum at $35,224 per ton in 2020; however, from 2021 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 Finland ($29,073 per ton), while the price for the Netherlands ($13,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cardamoms, Crushed or Ground in Estonia (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $30,689 per ton, waning by -27.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 72%. As a result, the export price attained the peak level of $43,154 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($106,354 per ton), while the average price for exports to Belgium ($22,447 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 Russia (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cardamoms, Crushed or Ground in Estonia
In 2022, imports of spices; cardamoms, crushed or ground into Estonia declined to 29 tons, waning by -5.3% on 2021. Overall, imports saw a deep setback. The smallest decline of -1.7% was in 2020.
In value terms, spices; cardamoms, crushed or ground imports plummeted to $752K in 2022. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Cardamoms, Crushed or Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 559 | 714 | 696 | 568 | 0.5% |
| Guatemala | 288 | 513 | 264 | 147 | -20.1% |
| Sri Lanka | 22.5 | 27.8 | 36.9 | 19.1 | -5.3% |
| Netherlands | 9.5 | 8.9 | 9.3 | 15.8 | 18.5% |
| Others | 5.2 | 11.7 | 4.3 | 2.2 | -24.9% |
| Total | 884 | 1,276 | 1,010 | 752 | -5.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Estonia in 2022:
- Finland (19.5 tons)
- Guatemala (7.5 tons)
- Netherlands (1.2 tons)
- Sri Lanka (0.4 tons)
Exports of Spices; Cardamoms, Crushed or Ground in Estonia
In 2022, overseas shipments of spices; cardamoms, crushed or ground decreased by -39.9% to 9.1 tons, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 12%. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; cardamoms, crushed or ground exports plummeted to $279K in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, the exports attained the peak of $959K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Cardamoms, Crushed or Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 451 | 913 | 579 | 212 | -22.2% |
| Lithuania | 12.7 | 17.1 | 26.2 | 33.1 | 37.6% |
| Latvia | 15.5 | 20.6 | 27.9 | 16.7 | 2.5% |
| Poland | 1.5 | 5.3 | 9.9 | 9.7 | 86.3% |
| Belgium | N/A | N/A | N/A | 7.7 | 0% |
| Others | 19.9 | 3.0 | 0.2 | 0.1 | -82.9% |
| Total | 500 | 959 | 644 | 279 | -17.7% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Estonia in 2022:
- Sweden (8.0 tons)
- Lithuania (0.3 tons)
- Latvia (0.3 tons)
- Belgium (0.3 tons)
- Poland (0.2 tons)
127
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
127
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3772
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
8417
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.
3860
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,
3772
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
8417
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.
3860
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,
