Price for Spices; Cardamoms, Crushed or Ground in Slovenia - 2023

Contents:

  1. Price for Spices; Cardamoms, Crushed or Ground in Slovenia (CIF) - 2022
  2. Price for Spices; Cardamoms, Crushed or Ground in Slovenia (FOB) - 2022
  3. Imports of Spices; Cardamoms, Crushed or Ground in Slovenia
  4. Exports of Spices; Cardamoms, Crushed or Ground in Slovenia

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

In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $48,560 per ton, with a decrease of -2% against the previous year. In general, the import price, however, saw moderate growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 41%. The import price peaked at $49,553 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($93,167 per ton), while the price for Italy ($21,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Spices; Cardamoms, Crushed or Ground in Slovenia (FOB) - 2022

In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $35,533 per ton, which is down by -21.3% against the previous year. In general, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by 67% against the previous year. The export price peaked at $75,000 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($91,000 per ton), while the average price for exports to Germany ($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 Hungary (+262.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Crushed or Ground in Slovenia

In 2022, overseas purchases of spices; cardamoms, crushed or ground were finally on the rise to reach 800 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a resilient 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 soared to $39K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Spices; Cardamoms, Crushed or Ground in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.40.64.526.9123.8%
Guatemala4.18.46.54.85.4%
Croatia7.15.46.54.5-14.1%
Germany1.31.61.71.79.4%
Italy0.80.1N/A0.94.0%
Others1.00.80.30.2-41.5%
Total16.716.919.538.832.4%

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

  1. Austria (461.0 kg)
  2. Guatemala (153.0 kg)
  3. Croatia (110.0 kg)
  4. Italy (40.0 kg)
  5. Germany (18.0 kg)

Exports of Spices; Cardamoms, Crushed or Ground in Slovenia

In 2022, overseas shipments of spices; cardamoms, crushed or ground decreased by -21.1% to 15 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 533% against the previous year. As a result, the exports attained the peak of 19 kg, and then declined sharply in the following year.

In value terms, spices; cardamoms, crushed or ground exports fell significantly to $533 in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 959%. As a result, the exports attained the peak of $858, and then fell sharply in the following year.

Export of Spices; Cardamoms, Crushed or Ground in Slovenia (USD)
COUNTRY202020212022CAGR,
2020-2022
RussiaN/A637182-71.4%
Croatia60.010115158.6%
Italy21.077.080.095.2%
HungaryN/A43.078.081.4%
SlovakiaN/AN/A28.00%
AustriaN/AN/A7.00%
GermanyN/AN/A7.00%
OthersN/AN/AN/A0%
Total81.0858533156.5%

Top Export Markets for Spices; Cardamoms, Crushed or Ground from Slovenia in 2022:

  1. Croatia (8.0 kg)
  2. Russia (2.0 kg)
  3. Slovakia (1.0 kg)
  4. Italy (1.0 kg)
  5. Austria (1.0 kg)
  6. Hungary (1.0 kg)
  7. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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