Price for Spices; Nutmeg, Crushed or Ground in Belarus - 2022
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Belarus (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Belarus (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Belarus
- Exports of Spices; Nutmeg, Crushed or Ground in Belarus
Price for Spices; Nutmeg, Crushed or Ground in Belarus (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $2,945 per ton, declining by -22.6% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 4.8%. Over the period under review, average import prices hit record highs at $12,820 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($9,111 per ton), while the price for Russia ($1,882 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-8.3%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in Belarus (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $11,170 per ton in 2022, waning by -6.2% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by 789% against the previous year. Over the period under review, the average export prices attained the peak figure at $46,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($18,583 per ton), while the average price for exports to Russia amounted to $10,085 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-13.3%).
Imports of Spices; Nutmeg, Crushed or Ground in Belarus
In 2022, approx. 21 tons of spices; nutmeg, crushed or ground were imported into Belarus; increasing by 86% against the previous year. Over the period under review, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports surged to $62K in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Crushed or Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 30.9 | 21.2 | 20.3 | 28.3 | -2.9% |
| Indonesia | 15.9 | 14.9 | 15.1 | 20.7 | 9.2% |
| Poland | 2.6 | 4.2 | 2.9 | 5.3 | 26.8% |
| Others | 5.9 | 5.1 | 4.8 | 8.0 | 10.7% |
| Total | 55.4 | 45.4 | 43.2 | 62.3 | 4.0% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Belarus in 2022:
- Russia (15.0 tons)
- Indonesia (4.6 tons)
- Poland (0.6 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Belarus
In 2022, spices; nutmeg, crushed or ground exports from Belarus soared to 94 kg, increasing by 124% against the year before. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 323% against the previous year. As a result, the exports reached the peak of 182 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, spices; nutmeg, crushed or ground exports skyrocketed to $1.1K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 433%. As a result, the exports reached the peak of $1.6K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Nutmeg, Crushed or Ground in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 300 | 1,500 | 400 | 827 | 40.2% |
| Kazakhstan | N/A | N/A | N/A | 223 | 0% |
| Armenia | N/A | 100 | N/A | N/A | 0% |
| Others | N/A | N/A | 100 | N/A | 0% |
| Total | 300 | 1,600 | 500 | 1,050 | 51.8% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Belarus in 2022:
- Russia (82.0 kg)
- Kazakhstan (12.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belarus.
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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 Belarus.
3976
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
8410
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.
3854
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,
3770
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
8410
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.
3854
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,
