Price for Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $10,759 per ton, with an increase of 34% against the previous year. Over the period under review, the import price, however, continues to indicate a slight setback. The import price peaked at $12,216 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($12,270 per ton), while the price for India totaled $9,826 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.6%).
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $7,849 per ton in 2022, falling by -68.7% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 132%. Over the period under review, the average export prices hit record highs at $28,611 per ton in 2015; however, from 2016 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 Moldova ($25,000 per ton), while the average price for exports to Latvia ($6,803 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+259.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine
In 2022, supplies from abroad of spices; nutmeg, neither crushed nor ground decreased by -74.4% to 2.3 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; nutmeg, neither crushed nor ground shrank sharply to $25K in 2022. Overall, imports showed a dramatic contraction. The growth pace was the most rapid in 2020 when imports increased by 87% against the previous year. As a result, imports reached the peak of $116K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 13.0 | 10.3 | 14.7 | 6.3% |
| Indonesia | 61.9 | 103 | 61.1 | 10.3 | -45.0% |
| Others | 0.2 | 0.7 | 2.1 | 0.2 | 0.0% |
| Total | 62.1 | 116 | 73.5 | 25.2 | -26.0% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Ukraine in 2022:
- India (1500.0 kg)
- Indonesia (842.0 kg)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine
In 2022, shipments abroad of spices; nutmeg, neither crushed nor ground increased by 1,262% to 1.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; nutmeg, neither crushed nor ground soared to $8.3K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | N/A | 6.8 | 0% |
| Georgia | 0.9 | 1.7 | 1.2 | 1.4 | 15.9% |
| Moldova | 0.3 | 0.7 | 0.6 | 0.1 | -30.7% |
| Germany | 2.4 | N/A | 0.2 | N/A | -71.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.7 | 2.4 | 2.0 | 8.3 | 30.9% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Ukraine in 2022:
- Latvia (1000.0 kg)
- Georgia (56.0 kg)
- Moldova (6.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ukraine.
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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 Ukraine.
3988
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
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,
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,
