Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland - 2024
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland (CIF) - 2024
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland (FOB) - 2022
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland (CIF) - 2024
The average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $8,199 per ton in January 2024, reducing by -13.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 18% month-to-month. The import price peaked at $9,460 per ton in December 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($25,025 per ton), while the price for the Netherlands ($3,922 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+2.9%), 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 Switzerland (FOB) - 2022
The average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $19,942 per ton in 2022, increasing by 48% against the previous year. In general, the export price, however, recorded a deep reduction. The export price peaked at $36,366 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($34,411 per ton), while the average price for exports to Sri Lanka ($2,220 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 the Philippines (+7.0%), while the prices for the other major destinations experienced a decline.
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland
In 2022, overseas purchases of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses decreased by -10.6% to 3.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 21%. As a result, imports attained the peak of 4.7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses shrank to $29M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports attained the peak of $33M. 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 Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 7.3 | 9.3 | 7.9 | 15.7% |
| China | 4.0 | 6.0 | 4.8 | 3.6 | -3.5% |
| Italy | 2.0 | 2.6 | 1.7 | 2.7 | 10.5% |
| Peru | 1.5 | 3.8 | 3.7 | 2.6 | 20.1% |
| France | 2.4 | 2.5 | 2.4 | 2.3 | -1.4% |
| India | 1.4 | 1.2 | 1.6 | 1.6 | 4.6% |
| Brazil | 0.3 | 0.5 | 0.3 | 0.6 | 26.0% |
| Turkey | 0.3 | 0.6 | 0.7 | 0.6 | 26.0% |
| Netherlands | 0.6 | 0.8 | 0.4 | 0.5 | -5.9% |
| Sri Lanka | 0.4 | 0.5 | 0.8 | 0.5 | 7.7% |
| United Kingdom | 0.4 | 0.7 | 0.7 | 0.2 | -20.6% |
| Others | 5.5 | 6.6 | 5.8 | 6.2 | 4.1% |
| Total | 24.0 | 33.1 | 32.2 | 29.1 | 6.6% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Switzerland in 2022:
- China (1355.6 tons)
- Peru (789.6 tons)
- Germany (511.0 tons)
- India (323.5 tons)
- Brazil (160.6 tons)
- France (131.8 tons)
- Netherlands (112.0 tons)
- Italy (79.1 tons)
- Turkey (69.1 tons)
- Sri Lanka (66.0 tons)
- United Kingdom (16.5 tons)
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland
In 2022, shipments abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses decreased by -50.1% to 203 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses declined remarkably to $4.1M in 2022. In general, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $5.5M, and then contracted remarkably in the following year.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,599 | 2,663 | 3,253 | 1,619 | 0.4% |
| France | 960 | 382 | 439 | 598 | -14.6% |
| Norway | 281 | 476 | 286 | 518 | 22.6% |
| Netherlands | 343 | 416 | 445 | 414 | 6.5% |
| Austria | 210 | 115 | 105 | 150 | -10.6% |
| United Kingdom | 56.9 | 28.3 | 12.7 | 40.2 | -10.9% |
| Sri Lanka | N/A | N/A | N/A | 9.9 | 0% |
| Others | 881 | 571 | 933 | 702 | -7.3% |
| Total | 4,331 | 4,652 | 5,474 | 4,051 | -2.2% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Switzerland in 2022:
- Germany (109.1 tons)
- Netherlands (28.2 tons)
- France (17.4 tons)
- Norway (15.8 tons)
- Austria (7.0 tons)
- Sri Lanka (4.5 tons)
- United Kingdom (3.6 tons)
758
This report provides an in-depth analysis of the ginger market in Switzerland.
110
This report provides an in-depth analysis of the market for spices except pepper or ginger in Switzerland.
676
This report provides an in-depth analysis of the market for dog and cat food in Switzerland.
618
This report provides an in-depth analysis of the apricot market in Switzerland.
947
This report provides an in-depth analysis of the virgin olive oil market in Switzerland.
560
This report provides an in-depth analysis of the paint and varnish market in Switzerland.
225
This report provides an in-depth analysis of the olive oil market in Switzerland.
311
This report provides an in-depth analysis of the encased lead pencil market in Switzerland.
259
This report provides an in-depth analysis of the assembled clock movements market in Switzerland.
363
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Switzerland.
897
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).
1011
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.
779
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7494
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8583
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1378
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>
7880
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
11860
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
1617
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.
3382
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
