Price for Spices; Nutmeg, Neither Crushed Nor Ground in Japan - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Japan (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Japan
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Japan (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $13,443 per ton in 2022, rising by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12% against the previous year. The import price peaked at $28,659 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Sri Lanka ($26,944 per ton), while the price for Indonesia totaled $13,381 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-3.6%).
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Japan
In 2022, supplies from abroad of spices; nutmeg, neither crushed nor ground was finally on the rise to reach 362 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, imports of spices; nutmeg, neither crushed nor ground skyrocketed to $4.9M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor 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, Neither Crushed Nor Ground in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.4 | 3.9 | 2.1 | 4.8 | 2.9% |
| Others | 0.1 | N/A | 2.1 | N/A | 358.3% |
| Total | 4.6 | 3.9 | 4.2 | 4.9 | 2.1% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Japan in 2022:
- Indonesia (360.5 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Japan.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
587
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Japan.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
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
8451
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.
3899
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,
3791
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
8451
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.
3899
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,
