Price for Spices; Nutmeg, Crushed or Ground in Croatia - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Croatia (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Croatia (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Croatia
- Exports of Spices; Nutmeg, Crushed or Ground in Croatia
Price for Spices; Nutmeg, Crushed or Ground in Croatia (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $14,949 per ton in 2022, rising by 43% against the previous year. Overall, the import price, however, saw a deep contraction. Over the period under review, average import prices reached the peak figure at $26,764 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 Germany ($16,103 per ton), while the price for Spain ($5,715 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+38.9%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in Croatia (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $34,504 per ton, increasing by 13% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 73%. The export price peaked at $38,910 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Serbia ($45,220 per ton) and Montenegro ($42,957 per ton), while the average price for exports to Bosnia and Herzegovina ($31,334 per ton) and North Macedonia ($33,961 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Nutmeg, Crushed or Ground in Croatia
In 2022, imports of spices; nutmeg, crushed or ground into Croatia expanded to 11 tons, growing by 2% compared with the year before. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $164K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.5% against 2019 indices. 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 Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 47.3 | 57.0 | 62.1 | 107 | 31.3% |
| Austria | 25.9 | 34.3 | 33.1 | 34.9 | 10.5% |
| Romania | N/A | N/A | 4.4 | 10.4 | 136.4% |
| Hungary | N/A | 9.0 | 2.1 | 3.6 | -36.8% |
| Italy | 1.0 | 0.8 | 0.3 | 3.2 | 47.4% |
| Slovenia | 2.8 | 5.7 | 7.5 | 1.2 | -24.6% |
| Spain | 0.2 | 0.5 | 1.0 | 1.1 | 76.5% |
| Netherlands | 20.0 | 11.0 | N/A | N/A | -45.0% |
| Others | 3.6 | 1.1 | 2.0 | 2.0 | -17.8% |
| Total | 101 | 119 | 112 | 164 | 17.5% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Croatia in 2022:
- Germany (6.7 tons)
- Austria (2.4 tons)
- Romania (0.8 tons)
- Hungary (0.4 tons)
- Italy (0.2 tons)
- Spain (0.2 tons)
- Slovenia (0.1 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Croatia
In 2022, overseas shipments of spices; nutmeg, crushed or ground decreased by -20.2% to 2.1 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.9%. As a result, the exports reached the peak of 2.6 tons, and then shrank sharply in the following year.
In value terms, spices; nutmeg, crushed or ground exports contracted to $72K in 2022. Over the period under review, exports saw a mild setback. The growth pace was the most rapid in 2020 with an increase of 4.6% against the previous year. As a result, the exports reached the peak of $79K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Nutmeg, Crushed or Ground in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 55.8 | 57.4 | 54.0 | 47.7 | -5.1% |
| Bosnia and Herzegovina | 13.2 | 12.3 | 15.7 | 16.5 | 7.7% |
| Serbia | 3.3 | 5.1 | 2.3 | 2.7 | -6.5% |
| North Macedonia | 2.1 | 3.2 | 3.5 | 2.6 | 7.4% |
| Montenegro | 1.4 | 1.1 | 1.3 | 2.0 | 12.6% |
| Others | 0.1 | 0.3 | 2.3 | 0.1 | 0.0% |
| Total | 75.9 | 79.4 | 79.1 | 71.6 | -1.9% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Croatia in 2022:
- Slovenia (1355.0 kg)
- Bosnia and Herzegovina (527.0 kg)
- North Macedonia (77.0 kg)
- Serbia (59.0 kg)
- Montenegro (46.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Croatia.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
357
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Croatia.
3990
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
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,
3773
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
8418
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,
