Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay - 2024
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay (CIF) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay (CIF) - 2022
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $8,048 per ton in 2022, rising by 42% against the previous year. In general, the import price showed a temperate expansion. The growth pace was the most rapid in 2013 when the average import price increased by 82%. The import price peaked at $15,146 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($34,714 per ton), while the price for Turkey ($2,458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+10.6%), 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 Paraguay (FOB) - 2022
The average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $2,250 per ton in 2022, which is down by -34.6% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 156% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,338 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,750 per ton), while the average price for exports to Brazil ($1,662 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 Spain (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay
In 2022, the amount of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses imported into Paraguay declined significantly to 8.4 tons, reducing by -33.1% compared with 2021 figures. Overall, imports continue to indicate a sharp reduction. The smallest decline of -14.3% was in 2021.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses shrank to $68K in 2022. Over the period under review, imports faced a precipitous setback.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 0.5 | 0.1 | N/A | 36.1 | 316.4% |
| Brazil | N/A | N/A | 0.1 | 11.4 | 11300.0% |
| Uruguay | 2.0 | 0.3 | N/A | 4.9 | 34.8% |
| Germany | 0.2 | 0.2 | N/A | 4.4 | 180.2% |
| Spain | 7.8 | 3.3 | 1.2 | 4.2 | -18.6% |
| Austria | 101 | 16.1 | 4.7 | 3.0 | -69.0% |
| Turkey | 8.9 | 1.8 | 0.3 | 2.5 | -34.5% |
| India | 1.4 | 1.8 | 0.2 | N/A | -62.2% |
| Others | 192 | 180 | 64.6 | 1.2 | -81.6% |
| Total | 314 | 204 | 71.2 | 67.6 | -40.1% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Paraguay in 2022:
- Argentina (3.0 tons)
- Brazil (2.8 tons)
- Turkey (1.0 tons)
- Austria (0.5 tons)
- Germany (0.5 tons)
- Spain (0.4 tons)
- Uruguay (0.1 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay
In 2022, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses from Paraguay surged to 3.5 tons, rising by 146% on the previous year. In general, exports, however, faced a dramatic downturn.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses soared to $7.9K in 2022. Overall, exports, however, saw a abrupt downturn.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 3.1 | 0% | |
| Brazil | 1.1 | 0.6 | 2.2 | 41.4% | |
| Spain | 0.5 | 0.4 | 1.5 | 73.2% | |
| Italy | 0.6 | 0.3 | 0.8 | 15.5% | |
| Armenia | 0.6 | N/A | N/A | 0% | |
| United Arab Emirates | 3.6 | N/A | N/A | 0% | |
| Saudi Arabia | 3.4 | N/A | N/A | 0% | |
| United States | N/A | 3.2 | N/A | 0% | |
| Others | 1.1 | 0.4 | 0.3 | -47.8% | |
| Total | 10.8 | 4.9 | 7.9 | -14.5% | |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Paraguay in 2022:
- United Kingdom (1586.0 kg)
- Brazil (1309.0 kg)
- Spain (276.0 kg)
- Italy (273.0 kg)
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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).
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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.
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The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
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The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
