Price for Spices; Cardamoms, Crushed or Ground in Tanzania - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Tanzania (FOB) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Tanzania (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in Tanzania
- Imports of Spices; Cardamoms, Crushed or Ground in Tanzania
Price for Spices; Cardamoms, Crushed or Ground in Tanzania (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $74,544 per ton, increasing by 1,011% against the previous year. In general, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Australia ($80,365 per ton), while the average price for exports to the Netherlands totaled $14,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+788.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Tanzania (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $415 per ton in 2022, falling by -98.2% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 283%. As a result, import price attained the peak level of $23,259 per ton, and then shrank markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +55.7% per year.
Exports of Spices; Cardamoms, Crushed or Ground in Tanzania
In 2022, spices; cardamoms, crushed or ground exports from Tanzania contracted rapidly to 114 kg, dropping by -99.1% on the previous year's figure. In general, exports showed a dramatic decline. The smallest decline of -24.9% was in 2020.
In value terms, spices; cardamoms, crushed or ground exports fell remarkably to $8.5K in 2022. Overall, exports faced a sharp contraction. The smallest decline of -41.1% was in 2020.
| Export of Spices; Cardamoms, Crushed or Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 0.4 | 8.4 | 2000.0% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 72.3 | 71.8 | 26.6 | N/A | -39.3% |
| United Kingdom | 7.7 | 37.7 | 8.0 | N/A | 1.9% |
| India | 258 | N/A | N/A | N/A | 0% |
| Israel | N/A | 17.9 | N/A | N/A | 0% |
| Turkey | N/A | 37.9 | 0.3 | N/A | -99.2% |
| Bahrain | N/A | 17.6 | 20.8 | N/A | 18.2% |
| Others | 4.8 | 19.4 | 27.6 | N/A | 139.8% |
| Total | 343 | 202 | 83.6 | 8.5 | -70.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Tanzania in 2022:
- Australia (104.0 kg)
- Netherlands (10.0 kg)
Imports of Spices; Cardamoms, Crushed or Ground in Tanzania
After two years of decline, supplies from abroad of spices; cardamoms, crushed or ground increased by 245% to 200 kg in 2022. Over the period under review, imports, however, saw a dramatic decline.
In value terms, spices; cardamoms, crushed or ground imports plummeted to $83 in 2022. Overall, imports, however, faced a dramatic setback. The pace of growth appeared the most rapid in 2020 when imports increased by 0.5% against the previous year.
| Import of Spices; Cardamoms, Crushed or Ground in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,155 | 214 | 9.0 | 83.0 | -58.4% |
| India | 181 | 1,129 | 1,340 | N/A | 172.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,336 | 1,343 | 1,349 | 83.0 | -60.4% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Tanzania in 2022:
- United Arab Emirates (200.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
522
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
3982
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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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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,
3771
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
8414
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.
3856
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,
