Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia - 2023
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia (CIF) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia (CIF) - 2022
In 2022, the average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses amounted to $3,684 per ton, reducing by -4.7% against the previous year. Overall, the import price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 306%. The import price peaked at $3,864 per ton in 2021, and then reduced 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 Spain ($6,756 per ton), while the price for Switzerland ($2,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+21.3%), 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 Bolivia (FOB) - 2022
In 2022, the average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses amounted to $19,727 per ton, surging by 46% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,010% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.5% per year.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia
After two years of decline, supplies from abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses increased by 6.8% to 22 tons in 2022. In general, imports, however, saw a dramatic setback.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses expanded slightly to $80K in 2022. Overall, imports, however, showed a abrupt decrease.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.1 | 16.7 | 33.1 | 23.5 | 7.2% |
| Argentina | 10.6 | 12.2 | 10.1 | 18.0 | 19.3% |
| Peru | 17.9 | 5.4 | 11.0 | 16.2 | -3.3% |
| Spain | 9.4 | 5.7 | 12.0 | 10.2 | 2.8% |
| Lebanon | N/A | N/A | N/A | 8.8 | 0% |
| Switzerland | N/A | N/A | 1.3 | 1.2 | -7.7% |
| Brazil | 45.6 | 19.8 | 0.4 | 0.1 | -87.0% |
| Turkey | N/A | 6.4 | N/A | N/A | 0% |
| Others | 4.6 | 13.2 | 10.5 | 1.6 | -29.7% |
| Total | 107 | 79.3 | 78.3 | 79.8 | -9.3% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Bolivia in 2022:
- Peru (7.0 tons)
- United States (6.4 tons)
- Argentina (4.4 tons)
- Spain (1.5 tons)
- Lebanon (1.4 tons)
- Switzerland (0.5 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia
In 2022, after two years of decline, there was significant growth in shipments abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses, when their volume increased by 600% to 406 kg. Overall, exports, however, showed a dramatic shrinkage.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses surged to $8K in 2022. Over the period under review, exports, however, recorded a perceptible shrinkage.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.0 | 6.5 | 0.7 | 8.0 | 100.0% |
| Argentina | 8.3 | 7.0 | N/A | N/A | -15.7% |
| Others | N/A | 1.7 | 0.1 | N/A | -94.1% |
| Total | 9.2 | 15.2 | 0.8 | 8.0 | -4.6% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Bolivia in 2022:
- United Arab Emirates (406.0 kg)
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