Price for Spices; Cardamoms, Crushed or Ground in Kazakhstan - 2021
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Kazakhstan (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Kazakhstan (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Kazakhstan
- Exports of Spices; Cardamoms, Crushed or Ground in Kazakhstan
Price for Spices; Cardamoms, Crushed or Ground in Kazakhstan (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $3,847 per ton, reducing by -55.4% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 75%. Over the period under review, average import prices reached the peak figure at $13,746 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Russia ($15,692 per ton), while the price for Iran totaled $200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.7%).
Price for Spices; Cardamoms, Crushed or Ground in Kazakhstan (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $29,063 per ton, falling by -2.5% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 53%. The export price peaked at $51,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -5.5% per year.
Imports of Spices; Cardamoms, Crushed or Ground in Kazakhstan
For the fourth year in a row, Kazakhstan recorded growth in purchases abroad of spices; cardamoms, crushed or ground, which increased by 50% to 2.6 tons in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; cardamoms, crushed or ground imports shrank dramatically to $10K in 2022. Over the period under review, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 135%. As a result, imports reached the peak of $16K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Cardamoms, Crushed or Ground in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.4 | 15.8 | 14.0 | 9.3 | 13.3% |
| Iran | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.6 | 0.6 | 0.9 | 0.3 | -20.6% |
| Total | 7.0 | 16.4 | 14.9 | 10.0 | 12.6% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Kazakhstan in 2022:
- Iran (2000.0 kg)
- Russia (591.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Kazakhstan
In 2022, shipments abroad of spices; cardamoms, crushed or ground increased by 60% to 16 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous decrease.
In value terms, spices; cardamoms, crushed or ground exports soared to $465 in 2022. In general, exports, however, showed a sharp curtailment.
| Export of Spices; Cardamoms, Crushed or Ground in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2,073 | 632 | 298 | 465 | -39.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,073 | 632 | 298 | 465 | -39.2% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Kazakhstan in 2022:
- Russia (16.0 kg)
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