Price for Spices; Cardamoms, Crushed or Ground in the Czech Republic - 2023

Contents:

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

Price for Spices; Cardamoms, Crushed or Ground in the Czech Republic (CIF) - 2022

The average import price for spices; cardamoms, crushed or ground stood at $17,080 per ton in 2022, picking up by 20% against the previous year. In general, the import price enjoyed slight growth. The growth pace was the most rapid in 2017 when the average import price increased by 47%. The import price peaked at $25,075 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($24,418 per ton), while the price for China ($2,697 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cardamoms, Crushed or Ground in the Czech Republic (FOB) - 2022

In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $22,182 per ton, waning by -23.9% against the previous year. In general, the export price showed a slight decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 33%. The export price peaked at $29,130 per ton in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($55,844 per ton), while the average price for exports to Poland ($13,778 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 Germany (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Crushed or Ground in the Czech Republic

After three years of growth, supplies from abroad of spices; cardamoms, crushed or ground decreased by -33.1% to 20 tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports attained the peak of 29 tons, and then dropped remarkably in the following year.

In value terms, spices; cardamoms, crushed or ground imports fell sharply to $334K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 63%. As a result, imports attained the peak of $530K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Spices; Cardamoms, Crushed or Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala2834943612880.6%
Vietnam2.4N/A2.822.0109.3%
Germany10.410.121.79.8-2.0%
FranceN/AN/AN/A6.90%
ChinaN/AN/AN/A3.10%
Others29.526.031.14.3-47.4%
Total3265304173340.8%

Top Suppliers of Spices; Cardamoms, Crushed or Ground to the Czech Republic in 2022:

  1. Guatemala (15.2 tons)
  2. Vietnam (2.3 tons)
  3. China (1.1 tons)
  4. Germany (0.4 tons)
  5. France (0.3 tons)

Exports of Spices; Cardamoms, Crushed or Ground in the Czech Republic

In 2022, spices; cardamoms, crushed or ground exports from the Czech Republic stood at 10 tons, with an increase of 6.8% against the previous year. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 9.5% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, spices; cardamoms, crushed or ground exports contracted remarkably to $225K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, the exports attained the peak of $296K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Spices; Cardamoms, Crushed or Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway191249233183-1.4%
Poland1.63.41.821.6138.1%
Slovakia9.011.911.09.31.1%
Germany0.97.612.55.279.4%
Denmark12.815.36.7N/A-27.7%
Others5.78.512.06.12.3%
Total2212962772250.6%

Top Export Markets for Spices; Cardamoms, Crushed or Ground from the Czech Republic in 2022:

  1. Norway (8.1 tons)
  2. Poland (1.6 tons)
  3. Germany (0.2 tons)
  4. Slovakia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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