Price for Spices; Cardamoms, Crushed or Ground in Switzerland - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Switzerland (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Switzerland (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Switzerland
- Exports of Spices; Cardamoms, Crushed or Ground in Switzerland
Price for Spices; Cardamoms, Crushed or Ground in Switzerland (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $33,080 per ton in 2022, with a decrease of -5% against the previous year. Overall, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 an increase of 52%. The import price peaked at $34,833 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($78,968 per ton), while the price for the Netherlands ($22,258 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Switzerland (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $19,341 per ton, waning by -26.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 67% against the previous year. As a result, the export price reached the peak level of $31,141 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($23,325 per ton), while the average price for exports to Germany ($19,124 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 the Netherlands (+379.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cardamoms, Crushed or Ground in Switzerland
Spices; cardamoms, crushed or ground imports into Switzerland shrank to 18 tons in 2022, waning by -12.9% on the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 54%. As a result, imports attained the peak of 21 tons, and then declined in the following year.
In value terms, spices; cardamoms, crushed or ground imports reduced sharply to $606K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of $733K, and then reduced sharply in the following year.
| Import of Spices; Cardamoms, Crushed or Ground in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.1 | 20.8 | 236 | 201 | 266.0% |
| Germany | 72.3 | 145 | 212 | 154 | 28.7% |
| Netherlands | 28.1 | 5.5 | 14.5 | 96.7 | 51.0% |
| Guatemala | 173 | 214 | 159 | 86.4 | -20.7% |
| China | 12.7 | 29.1 | 16.6 | 28.6 | 31.1% |
| Turkey | 2.0 | 1.5 | 12.2 | 17.2 | 104.9% |
| Others | 31.6 | 44.3 | 82.5 | 22.9 | -10.2% |
| Total | 324 | 460 | 733 | 606 | 23.2% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Switzerland in 2022:
- India (5.7 tons)
- Netherlands (4.3 tons)
- Germany (3.8 tons)
- Guatemala (2.5 tons)
- China (0.9 tons)
- Turkey (0.5 tons)
Exports of Spices; Cardamoms, Crushed or Ground in Switzerland
Spices; cardamoms, crushed or ground exports from Switzerland skyrocketed to 2.3 tons in 2022, rising by 41% against 2021. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 195%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, spices; cardamoms, crushed or ground exports rose modestly to $45K in 2022. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Spices; Cardamoms, Crushed or Ground in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.5 | 4.1 | 43.6 | 42.1 | 5.8% |
| Romania | N/A | N/A | N/A | 2.8 | 0% |
| Netherlands | N/A | 13.4 | N/A | N/A | 0% |
| Others | 0.8 | N/A | N/A | 0.1 | -50.0% |
| Total | 36.4 | 17.5 | 43.6 | 45.0 | 7.3% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Switzerland in 2022:
- Germany (2200.0 kg)
- Romania (120.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Switzerland.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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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