Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola - 2022
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (CIF) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (CIF) - 2022
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $2,905 per ton in 2022, which is down by -7.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the peak figure at $3,135 per ton in 2021, and then contracted in the following year.
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 the United Arab Emirates ($5,716 per ton), while the price for China ($900 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (FOB) - 2022
In 2022, the average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses amounted to $3,128 per ton, growing by 119% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $5,212 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,857 per ton), while the average price for exports to Panama ($385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sao Tome and Principe (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola
Imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses into Angola skyrocketed to 805 tons in 2022, growing by 37% against the previous year. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2020 indices.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses surged to $2.3M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 163 | 159 | 113 | 668 | 60.0% |
| Portugal | 896 | 1,137 | 707 | 498 | -17.8% |
| Turkey | 214 | 330 | 230 | 370 | 20.0% |
| India | 47.3 | 232 | 148 | 361 | 96.9% |
| United Arab Emirates | 13.2 | 59.9 | 121 | 93.4 | 92.0% |
| Spain | 217 | 126 | 96.9 | 83.4 | -27.3% |
| China | 294 | 466 | 238 | 69.4 | -38.2% |
| Others | 251 | 329 | 187 | 196 | -7.9% |
| Total | 2,095 | 2,839 | 1,840 | 2,339 | 3.7% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Angola in 2022:
- India (281.4 tons)
- South Africa (170.8 tons)
- Portugal (102.8 tons)
- Turkey (101.3 tons)
- China (77.1 tons)
- United Arab Emirates (16.3 tons)
- Spain (8.9 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola
In 2022, the amount of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses exported from Angola dropped rapidly to 391 kg, waning by -75.5% compared with the previous year's figure. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 4,727%. As a result, the exports reached the peak of 1.6 tons, and then fell significantly in the following year.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses reduced markedly to $1.2K in 2022. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,223%. As a result, the exports reached the peak of $2.3K, and then shrank sharply in the following year.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,541 | 141 | 662 | 807 | -19.4% |
| Sao Tome and Principe | N/A | N/A | N/A | 178 | 0% |
| Namibia | 229 | 7.0 | 620 | 85.0 | -28.1% |
| France | 171 | 8.0 | 59.0 | 55.0 | -31.5% |
| Bahamas | 84.0 | 6.0 | 396 | 54.0 | -13.7% |
| Panama | 12.0 | 1.0 | 12.0 | 5.0 | -25.3% |
| Antigua and Barbuda | N/A | N/A | 86.0 | N/A | 0% |
| Congo | 38.0 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 128 | N/A | 0% |
| Iceland | N/A | N/A | 44.0 | N/A | 0% |
| Brazil | N/A | N/A | 66.0 | N/A | 0% |
| Others | 56.0 | 9.0 | 203 | 39.0 | -11.4% |
| Total | 2,131 | 172 | 2,276 | 1,223 | -16.9% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Angola in 2022:
- Democratic Republic of the Congo (227.0 kg)
- Namibia (61.0 kg)
- Sao Tome and Principe (38.0 kg)
- Bahamas (38.0 kg)
- Panama (13.0 kg)
- France (7.0 kg)
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