Price for Spices; Mace, Neither Crushed Nor Ground in France - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in France (CIF) - 2022
- Price for Spices; Mace, Neither Crushed Nor Ground in France (FOB) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in France
- Exports of Spices; Mace, Neither Crushed Nor Ground in France
Price for Spices; Mace, Neither Crushed Nor Ground in France (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $34,468 per ton, increasing by 6.1% against the previous year. In general, the import price posted prominent growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 77% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 the Netherlands ($62,399 per ton), while the price for Madagascar ($15,697 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mace, Neither Crushed Nor Ground in France (FOB) - 2022
In 2022, the average export price for spices; mace, neither crushed nor ground amounted to $35,192 per ton, which is down by -16.9% against the previous year. In general, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure at $59,372 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($42,222 per ton), while the average price for exports to Italy ($22,760 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 Spain (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mace, Neither Crushed Nor Ground in France
In 2022, imports of spices; mace, neither crushed nor ground into France reduced dramatically to 4.2 tons, dropping by -17.4% against 2021. Overall, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year.
In value terms, imports of spices; mace, neither crushed nor ground contracted to $144K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of $164K, and then declined in the following year.
| Import of Spices; Mace, Neither Crushed Nor Ground in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 36.4 | N/A | 26.3 | 45.7 | 7.9% |
| India | 12.4 | N/A | 2.6 | 29.4 | 33.3% |
| Sri Lanka | 64.3 | 14.1 | 78.8 | 23.5 | -28.5% |
| Netherlands | N/A | N/A | 18.3 | 12.7 | -30.6% |
| Belgium | 0.1 | 9.0 | 26.6 | 11.3 | 383.5% |
| Italy | 1.6 | 1.9 | N/A | 8.2 | 72.4% |
| Madagascar | N/A | 12.3 | N/A | 4.8 | -37.5% |
| Spain | N/A | 54.9 | 1.6 | N/A | -97.1% |
| United Kingdom | N/A | 17.0 | 5.1 | N/A | -70.0% |
| Others | 0.7 | N/A | 5.0 | 8.4 | 128.9% |
| Total | 116 | 109 | 164 | 144 | 7.5% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to France in 2022:
- Indonesia (1429.0 kg)
- India (702.0 kg)
- Sri Lanka (664.0 kg)
- Belgium (505.0 kg)
- Madagascar (307.0 kg)
- Netherlands (203.0 kg)
- Italy (150.0 kg)
- Spain (1.0 kg)
Exports of Spices; Mace, Neither Crushed Nor Ground in France
In 2022, the amount of spices; mace, neither crushed nor ground exported from France stood at 1.7 tons, picking up by 11% on the previous year's figure. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of spices; mace, neither crushed nor ground fell to $61K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $66K, and then dropped in the following year.
| Export of Spices; Mace, Neither Crushed Nor Ground in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 5.5 | 8.0 | 13.3 | 155.2% |
| Germany | 37.1 | 21.5 | 38.1 | 9.4 | -36.7% |
| Belgium | 4.1 | 3.4 | 4.0 | 7.7 | 23.4% |
| Austria | N/A | 1.6 | 3.5 | 7.4 | 115.1% |
| Sweden | N/A | N/A | 0.7 | 6.8 | 871.4% |
| Spain | 0.2 | 3.5 | 1.3 | 5.0 | 192.4% |
| Finland | N/A | N/A | 4.9 | 3.0 | -38.8% |
| Portugal | 0.1 | N/A | 0.9 | 2.8 | 203.7% |
| Italy | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| Switzerland | 1.1 | 3.2 | 0.8 | 1.1 | 0.0% |
| Others | 0.7 | 0.7 | 3.7 | 1.8 | 37.0% |
| Total | 44.1 | 39.2 | 65.9 | 60.7 | 11.2% |
Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from France in 2022:
- Netherlands (444.0 kg)
- Germany (233.0 kg)
- Sweden (206.0 kg)
- Austria (184.0 kg)
- Belgium (184.0 kg)
- Spain (125.0 kg)
- Italy (104.0 kg)
- Portugal (90.0 kg)
- Finland (86.0 kg)
- Switzerland (27.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in France.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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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