Spices; Turmeric (Curcuma) Price in France - 2023
Contents:
- Spices; Turmeric (Curcuma) Price in France (CIF) - 2023
- Spices; Turmeric (Curcuma) Price in France (FOB) - 2023
- Spices; Turmeric (Curcuma) Imports in France
- Spices; Turmeric (Curcuma) Exports in France
Spices; Turmeric (Curcuma) Price in France (CIF) - 2023
The average spices; turmeric (curcuma) import price stood at $2,863 per ton in June 2023, declining by -9.5% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 39% month-to-month. As a result, import price reached the peak level of $4,000 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,658 per ton), while the price for India ($2,288 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Madagascar (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Turmeric (Curcuma) Price in France (FOB) - 2023
The average spices; turmeric (curcuma) export price stood at $5,906 per ton in June 2023, surging by 32% against the previous month. Overall, export price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spices; turmeric (curcuma) export price increased by +31.8% against May 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 86% month-to-month. As a result, the export price reached the peak level of $7,779 per ton. From April 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($37,695 per ton), while the average price for exports to Sweden ($3,042 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Turmeric (Curcuma) Imports in France
After three years of growth, overseas purchases of spices; turmeric (curcuma) decreased by -15.4% to 2.1K tons in 2022. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 2.5K tons, and then reduced remarkably in the following year.
In value terms, spices; turmeric (curcuma) imports declined modestly to $6.9M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports reached the peak of $7.3M, and then reduced modestly in the following year.
| Import of Spices; Turmeric (Curcuma) in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 2,657 | 2,217 | 2,707 | 0.9% | |
| Spain | 1,197 | 1,379 | 1,397 | 8.0% | |
| Germany | 367 | 605 | 887 | 55.5% | |
| Netherlands | 236 | 474 | 609 | 60.6% | |
| Madagascar | 335 | 433 | 480 | 19.7% | |
| Belgium | 111 | 203 | 359 | 79.8% | |
| Poland | 4.8 | 4.0 | 125 | 410.3% | |
| Others | 1,252 | 697 | 698 | -25.3% | |
| Total | 6,159 | 6,012 | 7,261 | 8.6% | |
Top Suppliers of Spices; Turmeric (Curcuma) to France in 2022:
- India (1371.5 tons)
- Spain (294.4 tons)
- Netherlands (185.4 tons)
- Germany (149.7 tons)
- Madagascar (139.8 tons)
- Belgium (113.0 tons)
- Poland (54.4 tons)
Spices; Turmeric (Curcuma) Exports in France
In 2022, exports of spices; turmeric (curcuma) from France expanded slightly to 396 tons, picking up by 4.7% against the previous year's figure. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, spices; turmeric (curcuma) exports reduced to $2.3M in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. As a result, the exports attained the peak of $2.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Turmeric (Curcuma) in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 672 | 786 | 481 | -15.4% | |
| Switzerland | 132 | 298 | 357 | 64.5% | |
| Portugal | 223 | 309 | 267 | 9.4% | |
| Belgium | 220 | 252 | 243 | 5.1% | |
| Spain | 184 | 163 | 176 | -2.2% | |
| Austria | 133 | 169 | 158 | 9.0% | |
| Netherlands | 78.6 | 110 | 118 | 22.5% | |
| Poland | 9.0 | 35.5 | 86.3 | 209.7% | |
| Germany | 88.2 | 91.5 | 79.7 | -4.9% | |
| Cote d'Ivoire | 9.2 | 74.9 | 70.7 | 177.2% | |
| Canada | N/A | N/A | 32.2 | 0% | |
| India | N/A | N/A | 29.9 | 0% | |
| Denmark | 13.4 | 29.8 | 26.0 | 39.3% | |
| Others | 166 | 200 | 253 | 23.5% | |
| Total | 1,929 | 2,518 | 2,378 | 11.0% | |
Top Export Markets for Spices; Turmeric (Curcuma) from France in 2022:
- United Kingdom (76.5 tons)
- Switzerland (47.0 tons)
- Portugal (35.0 tons)
- Belgium (29.3 tons)
- Austria (26.9 tons)
- Spain (26.4 tons)
- India (20.8 tons)
- Germany (18.6 tons)
- Netherlands (13.2 tons)
- Canada (13.0 tons)
- Cote d'Ivoire (10.7 tons)
- Poland (10.1 tons)
- Denmark (6.0 tons)
721
This report provides an in-depth analysis of the ginger market in France.
40
This report provides an in-depth analysis of the market for spices except pepper or ginger in France.
541
This report provides an in-depth analysis of the market for dog and cat food in France.
777
This report provides an in-depth analysis of the apricot market in France.
953
This report provides an in-depth analysis of the virgin olive oil market in France.
580
This report provides an in-depth analysis of the paint and varnish market in France.
379
This report provides an in-depth analysis of the olive oil market in France.
287
This report provides an in-depth analysis of the encased lead pencil market in France.
293
This report provides an in-depth analysis of the assembled clock movements market in France.
370
This report provides an in-depth analysis of the diphosphorus pentaoxide market in France.
908
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).
1022
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.
783
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7504
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8586
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1381
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>
7887
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
11867
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
1621
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.
3387
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
