Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia - 2022
Contents:
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (FOB) - 2022
- Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (CIF) - 2022
- Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia
- Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (FOB) - 2022
The average export price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses stood at $1,417 per ton in December 2022, surging by 52% against the previous month. Over the period under review, the export price recorded a slight expansion. The pace of growth appeared the most rapid in April 2022 an increase of 77% m-o-m. As a result, the export price attained the peak level of $1,800 per ton. From May 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($12,570 per ton), while the average price for exports to Egypt ($246 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (CIF) - 2022
In 2022, the average import price for ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses amounted to $888 per ton, growing by 25% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
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 China ($1,087 per ton), while the price for Egypt ($482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia
In 2022, the amount of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses exported from Tunisia soared to 6.1K tons, rising by 99% compared with 2021. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses surged to $5.7M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 216 | N/A | 889 | 3,035 | 141.3% |
| France | 406 | N/A | 719 | 1,158 | 41.8% |
| Algeria | 1,255 | N/A | 1,283 | 475 | -27.7% |
| Libya | 615 | N/A | 393 | 424 | -11.7% |
| Italy | 42.8 | N/A | N/A | 111 | 37.4% |
| Egypt | 408 | N/A | 86.7 | 72.5 | -43.8% |
| Turkey | N/A | N/A | N/A | 68.9 | 0% |
| Others | 318 | N/A | 114 | 383 | 6.4% |
| Total | 3,262 | N/A | 3,485 | 5,727 | 20.6% |
Top Export Markets for Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices from Tunisia in 2022:
- Morocco (3976.8 tons)
- Libya (770.4 tons)
- Algeria (441.0 tons)
- Egypt (235.3 tons)
- France (197.7 tons)
- Italy (120.9 tons)
- Turkey (109.0 tons)
Imports of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia
In 2022, after two years of decline, there was significant decline in supplies from abroad of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses, when their volume decreased by -7.6% to 5.2K tons. In general, imports continue to indicate a deep downturn.
In value terms, imports of ginger, saffron, tumeric (curcuma), thyme, bay leaves, curry and other spiceses skyrocketed to $4.6M in 2022. Overall, imports, however, continue to indicate perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices in Tunisia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.9 | N/A | 2.3 | 3.5 | 6.5% |
| Egypt | 0.8 | N/A | 0.8 | 0.6 | -9.1% |
| China | 0.2 | N/A | 0.4 | 0.2 | 0.0% |
| Syrian Arab Republic | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
| Total | 4.1 | N/A | 4.0 | 4.6 | 3.9% |
Top Suppliers of Ginger, Saffron, Tumeric (Curcuma), Thyme, Bay Leaves, Curry and Other Spices to Tunisia in 2022:
- India (3.5K tons)
- Egypt (1.2K tons)
- Syrian Arab Republic (0.2K tons)
- China (0.2K tons)
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