Price for Spices; Cardamoms, Crushed or Ground in Egypt - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Egypt (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Egypt (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Egypt
- Exports of Spices; Cardamoms, Crushed or Ground in Egypt
Price for Spices; Cardamoms, Crushed or Ground in Egypt (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $20,009 per ton, reducing by -7.7% against the previous year. In general, the import price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 183% against the previous year. As a result, import price reached the peak level of $25,549 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($20,010 per ton), while the price for the Netherlands totaled $20,005 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+98.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Egypt (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $20,498 per ton in 2022, growing by 6.6% against the previous year. Overall, the export price saw a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 191%. The export price peaked at $35,136 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($42,963 per ton), while the average price for exports to the Netherlands ($7,000 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 United States (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Egypt
In 2022, the amount of spices; cardamoms, crushed or ground imported into Egypt contracted markedly to 2.1 tons, dropping by -85.4% compared with 2021. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 45%.
In value terms, spices; cardamoms, crushed or ground imports reduced notably to $43K in 2022. Overall, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $320K, and then shrank significantly in the following year.
| Import of Spices; Cardamoms, Crushed or Ground in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 80.0 | 32.0 | 182 | 34.7 | -24.3% |
| Netherlands | 24.4 | 53.3 | 21.6 | 8.3 | -30.2% |
| Lebanon | 12.7 | 15.4 | 10.8 | N/A | -7.8% |
| India | 121 | 59.5 | 58.3 | N/A | -30.6% |
| Others | 28.9 | 99.3 | 46.5 | N/A | 26.8% |
| Total | 267 | 260 | 320 | 43.0 | -45.6% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Egypt in 2022:
- Guatemala (1.7 tons)
- Netherlands (0.4 tons)
Exports of Spices; Cardamoms, Crushed or Ground in Egypt
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; cardamoms, crushed or ground, when their volume decreased by -20.6% to 3.3 tons. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 332%.
In value terms, spices; cardamoms, crushed or ground exports contracted markedly to $67K in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 834%.
| Export of Spices; Cardamoms, Crushed or Ground in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.0 | 11.2 | 29.3 | 19.4 | 86.3% |
| United States | N/A | N/A | 3.9 | 18.7 | 379.5% |
| United Arab Emirates | 0.6 | 31.2 | 17.4 | 18.4 | 213.0% |
| Sweden | 0.3 | 5.2 | 5.0 | 8.6 | 206.1% |
| Kuwait | N/A | N/A | 12.7 | N/A | 0% |
| Others | 1.9 | 7.2 | 10.7 | 1.8 | -1.8% |
| Total | 5.8 | 54.6 | 78.9 | 66.8 | 125.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Egypt in 2022:
- United States (2005.0 kg)
- Poland (483.0 kg)
- United Arab Emirates (428.0 kg)
- Sweden (301.0 kg)
759
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Egypt.
3974
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
759
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Egypt.
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,
