Price for Spices; Cardamoms, Crushed or Ground in Azerbaijan - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Azerbaijan (CIF) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Azerbaijan
Price for Spices; Cardamoms, Crushed or Ground in Azerbaijan (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $5,379 per ton, reducing by -53.5% against the previous year. Overall, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2016 an increase of 275% against the previous year. The import price peaked at $17,015 per ton in 2020; however, from 2021 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 Guatemala ($65,643 per ton), while the price for India ($4,602 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+55.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Azerbaijan
After two years of decline, supplies from abroad of spices; cardamoms, crushed or ground increased by 1,312% to 1.5 tons in 2022. Overall, imports, however, showed a deep setback.
In value terms, spices; cardamoms, crushed or ground imports soared to $8K in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
| Import of Spices; Cardamoms, Crushed or Ground in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.2 | 12.0 | N/A | 6.7 | -2.4% |
| Iran | N/A | 3.6 | N/A | 0.4 | -66.7% |
| United Arab Emirates | 7.3 | N/A | 1.2 | N/A | -59.5% |
| Others | N/A | N/A | N/A | 0.9 | 0% |
| Total | 14.6 | 15.6 | 1.2 | 8.0 | -18.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Azerbaijan in 2022:
- India (1449.0 kg)
- Iran (20.0 kg)
410
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
3974
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
410
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
3974
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3768
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8405
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3850
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3768
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8405
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3850
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
