Price for Spices; Cardamoms, Crushed or Ground in Lithuania - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Lithuania (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Lithuania (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Lithuania
- Exports of Spices; Cardamoms, Crushed or Ground in Lithuania
Price for Spices; Cardamoms, Crushed or Ground in Lithuania (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $20,790 per ton in 2022, falling by -29.4% against the previous year. In general, the import price, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2018 an increase of 28%. The import price peaked at $29,442 per ton in 2021, and then contracted remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($76,898 per ton), while the price for the Netherlands ($11,624 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Lithuania (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $26,358 per ton, rising by 18% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2020 an increase of 75%. As a result, the export price reached the peak level of $42,386 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($29,109 per ton), while the average price for exports to Latvia ($17,750 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 Latvia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Lithuania
Spices; cardamoms, crushed or ground imports into Lithuania surged to 6.1 tons in 2022, picking up by 20% compared with the previous year. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of 6.1 tons; afterwards, it flattened through to 2022.
In value terms, spices; cardamoms, crushed or ground imports shrank dramatically to $127K in 2022. Overall, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, imports attained the peak of $177K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Cardamoms, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 64.8 | 63.7 | 60.5 | 52.6 | -6.7% |
| Poland | 7.2 | 42.0 | 26.5 | 26.2 | 53.8% |
| Germany | 9.4 | 30.2 | 11.4 | 22.3 | 33.4% |
| Estonia | 12.3 | 16.1 | 18.8 | 9.8 | -7.3% |
| Netherlands | 18.9 | 14.0 | 23.5 | 8.4 | -23.7% |
| Latvia | 5.3 | 10.4 | 9.6 | 6.7 | 8.1% |
| Others | 1.6 | 0.3 | 0.1 | 1.2 | -9.1% |
| Total | 119 | 177 | 150 | 127 | 2.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Lithuania in 2022:
- Sweden (2160.0 kg)
- Poland (1836.0 kg)
- Germany (944.0 kg)
- Netherlands (720.0 kg)
- Latvia (294.0 kg)
- Estonia (127.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Lithuania
Spices; cardamoms, crushed or ground exports from Lithuania skyrocketed to 218 kg in 2022, increasing by 432% compared with the year before. In general, exports posted a prominent increase.
In value terms, spices; cardamoms, crushed or ground exports skyrocketed to $5.7K in 2022. Overall, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 568% against the previous year. As a result, the exports attained the peak of $27K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Cardamoms, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 24.0 | N/A | 3.2 | -63.5% |
| Germany | N/A | N/A | 0.2 | 1.9 | 850.0% |
| Estonia | 0.8 | 0.7 | 0.4 | 0.5 | -14.5% |
| Latvia | 2.1 | 2.1 | 0.2 | 0.1 | -63.8% |
| Uzbekistan | 1.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.5 | 0.1 | N/A | -80.0% |
| Total | 4.1 | 27.3 | 0.9 | 5.7 | 11.6% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Lithuania in 2022:
- Russia (119.0 kg)
- Germany (64.0 kg)
- Estonia (29.0 kg)
- Latvia (4.0 kg)
117
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Lithuania.
3987
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
117
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Lithuania.
3987
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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.
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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,
3771
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
8416
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.
3859
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,
