Spices; Nutmeg Price in Angola - 2022
Contents:
Spices; Nutmeg Price in Angola (CIF) - 2022
The average spices; nutmeg import price stood at $7,964 per ton in 2022, waning by -3.2% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; nutmeg import price increased by +106.8% against 2012 indices. The growth pace was the most rapid in 2013 an increase of 36% against the previous year. The import price peaked at $8,223 per ton in 2021, and then dropped modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($22,807 per ton), while the price for the Netherlands ($759 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Nutmeg Imports in Angola
In 2022, purchases abroad of spices; nutmeg increased by 7.6% to 11 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt slump.
In value terms, spices; nutmeg imports rose slightly to $86K in 2022. Overall, imports, however, showed a pronounced downturn.
| Import of Spices; Nutmeg in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 59.2 | 50.5 | 42.5 | 39.8 | -12.4% |
| United States | 9.4 | 10.4 | 11.5 | 14.1 | 14.5% |
| South Africa | 13.0 | 12.4 | 11.7 | 12.3 | -1.8% |
| United Arab Emirates | 7.5 | 8.4 | 9.2 | 11.3 | 14.6% |
| Brazil | 3.8 | 3.9 | 4.0 | 4.5 | 5.8% |
| Netherlands | 1.2 | 1.1 | 0.9 | 0.8 | -12.6% |
| Others | 2.3 | 2.4 | 2.4 | 2.8 | 6.8% |
| Total | 96.6 | 89.1 | 82.2 | 85.7 | -3.9% |
Top Suppliers of Spices; Nutmeg to Angola in 2022:
- Portugal (3.2 tons)
- United Arab Emirates (2.2 tons)
- United States (2.1 tons)
- Brazil (1.5 tons)
- Netherlands (1.1 tons)
- South Africa (0.5 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Angola.
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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 Angola.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3790
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
8449
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.
3894
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,
3790
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
8449
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.
3894
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,
