Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina - 2023
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (CIF) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (CIF) - 2022
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $1,679 per ton in 2022, declining by -29.3% against the previous year. Overall, the import price faced a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 21%. The import price peaked at $13,657 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($5,661 per ton), while the price for Brazil ($1,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-7.0%), while the prices for the other major suppliers experienced a decline.
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (FOB) - 2022
In 2022, the average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses amounted to $17,455 per ton, jumping by 931% against the previous year. Over the period under review, the export price enjoyed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +25.0% per year.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina
In 2022, purchases abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses decreased by -1.8% to 3.6K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 172% against the previous year. As a result, imports attained the peak of 3.6K tons; afterwards, it flattened through to 2022.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses dropped significantly to $6M in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 120% against the previous year.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 650 | 2,498 | 3,364 | 2,674 | 60.2% |
| India | 640 | 867 | 758 | 757 | 5.8% |
| Spain | 1,079 | 2,645 | 2,979 | 684 | -14.1% |
| Peru | 410 | 374 | 503 | 340 | -6.0% |
| Turkey | 254 | 302 | 293 | 230 | -3.3% |
| Indonesia | 77.9 | 115 | 153 | 204 | 37.8% |
| Egypt | 49.2 | 241 | 207 | 177 | 53.2% |
| Others | 96.3 | 133 | 343 | 908 | 111.3% |
| Total | 3,256 | 7,176 | 8,601 | 5,975 | 22.4% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Argentina in 2022:
- Brazil (2633.6 tons)
- India (384.3 tons)
- Peru (144.0 tons)
- Spain (120.9 tons)
- Egypt (89.7 tons)
- Indonesia (61.5 tons)
- Turkey (58.4 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina
In 2022, shipments abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses decreased by -99.7% to 600 kg, falling for the second year in a row after two years of growth. Overall, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 142%. As a result, the exports reached the peak of 432 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses dropped sharply to $10K in 2022. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 259%. As a result, the exports reached the peak of $891K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 14.9 | 41.7 | 24.9 | 10.5 | -11.0% |
| Senegal | N/A | 6.9 | N/A | N/A | 0% |
| Saudi Arabia | N/A | 44.0 | N/A | N/A | 0% |
| Brazil | 151 | 217 | 158 | N/A | 2.3% |
| Others | 82.7 | 582 | 190 | N/A | 51.6% |
| Total | 248 | 891 | 373 | 10.5 | -65.1% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Argentina in 2022:
- Chile (600.0 kg)
797
This report provides an in-depth analysis of the ginger market in Argentina.
77
This report provides an in-depth analysis of the market for spices except pepper or ginger in Argentina.
462
This report provides an in-depth analysis of the market for dog and cat food in Argentina.
835
This report provides an in-depth analysis of the apricot market in Argentina.
960
This report provides an in-depth analysis of the virgin olive oil market in Argentina.
535
This report provides an in-depth analysis of the paint and varnish market in Argentina.
325
This report provides an in-depth analysis of the olive oil market in Argentina.
320
This report provides an in-depth analysis of the encased lead pencil market in Argentina.
278
This report provides an in-depth analysis of the assembled clock movements market in Argentina.
341
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Argentina.
924
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).
1027
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.
786
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7509
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8592
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1382
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>
7889
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
11871
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
1624
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.
3390
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
