Price for Spices; Cardamoms, Crushed or Ground in Ghana - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Ghana (CIF) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Ghana
Price for Spices; Cardamoms, Crushed or Ground in Ghana (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $23,159 per ton in 2022, surging by 6.2% against the previous year. Overall, the import price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of 44%. Over the period under review, average import prices reached the peak figure at $31,308 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($35,000 per ton), while the price for Lebanon ($4,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cardamoms, Crushed or Ground in Ghana
In 2022, the amount of spices; cardamoms, crushed or ground imported into Ghana contracted notably to 82 kg, which is down by -19.6% against the year before. Overall, imports saw a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, imports attained the peak of 102 kg, and then declined rapidly in the following year.
In value terms, spices; cardamoms, crushed or ground imports shrank to $1.9K in 2022. The total import value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports reached the peak of $2.2K, and then declined in the following year.
| Import of Spices; Cardamoms, Crushed or Ground in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 490 | 496 | 574 | 831 | 19.3% |
| India | 905 | 828 | 1,322 | 539 | -15.9% |
| Netherlands | 218 | 248 | 323 | 525 | 34.0% |
| Belgium | 6.0 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 4.0 | 5.0 | 4.0 | -7.2% |
| Total | 1,624 | 1,576 | 2,224 | 1,899 | 5.4% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Ghana in 2022:
- United Kingdom (43.0 kg)
- India (23.0 kg)
- Netherlands (15.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ghana.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
849
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ghana.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
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
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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.
3860
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,
3773
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
8417
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.
3860
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,
