Spices; Turmeric (Curcuma) Price in Portugal - 2023
Contents:
- Spices; Turmeric (Curcuma) Price in Portugal (CIF) - 2022
- Spices; Turmeric (Curcuma) Price in Portugal (FOB) - 2022
- Spices; Turmeric (Curcuma) Imports in Portugal
- Spices; Turmeric (Curcuma) Exports in Portugal
Spices; Turmeric (Curcuma) Price in Portugal (CIF) - 2022
The average spices; turmeric (curcuma) import price stood at $3,759 per ton in 2021, dropping by -20.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 15%. The import price peaked at $4,842 per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($8,277 per ton), while the price for India ($1,818 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.0%), while the prices for the other major suppliers experienced a decline.
Spices; Turmeric (Curcuma) Price in Portugal (FOB) - 2022
In 2021, the average spices; turmeric (curcuma) export price amounted to $7,873 per ton, growing by 8.9% against the previous year. Overall, the export price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when the average export price increased by 30% against the previous year. The export price peaked at $13,440 per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Angola ($29,852 per ton), while the average price for exports to France ($5,205 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+28.3%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Turmeric (Curcuma) Imports in Portugal
In 2022, purchases abroad of spices; turmeric (curcuma) decreased by -22.1% to 220 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 79%.
In value terms, spices; turmeric (curcuma) imports rose slightly to $1.1M in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 91% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Spices; Turmeric (Curcuma) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 108 | 360 | 601 | 135.9% | |
| France | 138 | 213 | 226 | 28.0% | |
| Germany | 55.0 | 60.4 | 101 | 35.5% | |
| India | 92.9 | 131 | 82.3 | -5.9% | |
| Netherlands | 17.9 | 17.2 | 15.4 | -7.2% | |
| Belgium | N/A | 45.8 | N/A | 0% | |
| Others | 54.2 | 63.7 | 36.8 | -17.6% | |
| Total | 466 | 890 | 1,063 | 51.0% | |
Top Suppliers of Spices; Turmeric (Curcuma) to Portugal in 2022:
- Spain (188.1 tons)
- India (45.2 tons)
- France (27.4 tons)
- Germany (16.7 tons)
- Netherlands (3.8 tons)
Spices; Turmeric (Curcuma) Exports in Portugal
In 2022, overseas shipments of spices; turmeric (curcuma) decreased by -10% to 10 tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; turmeric (curcuma) exports stood at $93K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $103K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Spices; Turmeric (Curcuma) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 60.9 | 99.9 | 86.6 | 19.2% | |
| France | N/A | 0.8 | 1.0 | 25.0% | |
| Others | 0.3 | 2.7 | 2.9 | 210.9% | |
| Total | 61.3 | 103 | 90.5 | 21.5% | |
Top Export Markets for Spices; Turmeric (Curcuma) from Portugal in 2022:
- Spain (10.8 tons)
- France (0.2 tons)
1108
This report provides an in-depth analysis of the ginger market in Portugal.
83
This report provides an in-depth analysis of the market for spices except pepper or ginger in Portugal.
613
This report provides an in-depth analysis of the market for dog and cat food in Portugal.
752
This report provides an in-depth analysis of the apricot market in Portugal.
1152
This report provides an in-depth analysis of the virgin olive oil market in Portugal.
830
This report provides an in-depth analysis of the paint and varnish market in Portugal.
329
This report provides an in-depth analysis of the olive oil market in Portugal.
429
This report provides an in-depth analysis of the encased lead pencil market in Portugal.
253
This report provides an in-depth analysis of the assembled clock movements market in Portugal.
390
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Portugal.
986
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1058
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
800
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7567
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8621
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1395
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7908
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11952
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1635
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3406
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
