Price for Spices; Cardamoms, Crushed or Ground in Iraq - 2022

Contents:

  1. Price for Spices; Cardamoms, Crushed or Ground in Iraq (CIF) - 2022
  2. Imports of Spices; Cardamoms, Crushed or Ground in Iraq

Price for Spices; Cardamoms, Crushed or Ground in Iraq (CIF) - 2022

The average import price for spices; cardamoms, crushed or ground stood at $12,202 per ton in 2022, rising by 25% against the previous year. Overall, the import price enjoyed a perceptible increase. The growth pace was the most rapid in 2018 an increase of 73% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($13,689 per ton), while the price for India ($4,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.5%).

Imports of Spices; Cardamoms, Crushed or Ground in Iraq

Spices; cardamoms, crushed or ground imports into Iraq surged to 88 tons in 2022, growing by 64% on 2021 figures. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 371%. As a result, imports reached the peak of 146 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spices; cardamoms, crushed or ground imports soared to $1.1M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 536%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Spices; Cardamoms, Crushed or Ground in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates119827281994102.9%
GuatemalaN/AN/AN/A41.40%
India13476823835.7-35.7%
Others3.531.34.84.58.7%
Total2561,6265241,07561.3%

Top Suppliers of Spices; Cardamoms, Crushed or Ground to Iraq in 2022:

  1. United Arab Emirates (72.6 tons)
  2. India (8.9 tons)
  3. Guatemala (6.5 tons)

Source: IndexBox Market Intelligence Platform

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