Price for Spices; Cardamoms, Crushed or Ground in the Dominican Republic - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in the Dominican Republic (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in the Dominican Republic (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in the Dominican Republic
- Exports of Spices; Cardamoms, Crushed or Ground in the Dominican Republic
Price for Spices; Cardamoms, Crushed or Ground in the Dominican Republic (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $49,044 per ton in 2022, which is down by -24.7% against the previous year. In general, the import price, however, saw a prominent increase. The growth pace was the most rapid in 2018 an increase of 83%. The import price peaked at $65,130 per ton in 2021, and then reduced notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +28.0% per year.
Price for Spices; Cardamoms, Crushed or Ground in the Dominican Republic (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $19,375 per ton in 2022, rising by 9.5% against the previous year. Overall, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 374%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Turks and Caicos Islands amounted to +37.0% per year.
Imports of Spices; Cardamoms, Crushed or Ground in the Dominican Republic
In 2022, imports of spices; cardamoms, crushed or ground into the Dominican Republic declined remarkably to 68 kg, reducing by -50.7% against the year before. Over the period under review, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 28%.
In value terms, spices; cardamoms, crushed or ground imports reduced remarkably to $3.3K in 2022. Overall, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 69%.
| Import of Spices; Cardamoms, Crushed or Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 0.2 | 3.3 | 1550.0% |
| Spain | 0.3 | 1.1 | 1.6 | N/A | 130.9% |
| Guatemala | 3.9 | 1.4 | 3.4 | N/A | -6.6% |
| United States | 2.9 | 1.3 | 3.3 | N/A | 6.7% |
| Honduras | 1.3 | N/A | N/A | N/A | 0% |
| Netherlands | 0.5 | 0.3 | 0.5 | N/A | 0.0% |
| Others | 0.5 | 1.1 | N/A | N/A | 120.0% |
| Total | 9.5 | 5.3 | 9.0 | 3.3 | -29.7% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to the Dominican Republic in 2022:
- India (68.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in the Dominican Republic
Spices; cardamoms, crushed or ground exports from the Dominican Republic reduced rapidly to 8 kg in 2022, waning by -65.2% compared with the year before. Overall, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 188% against the previous year. As a result, the exports reached the peak of 23 kg, and then dropped sharply in the following year.
In value terms, spices; cardamoms, crushed or ground exports reduced sharply to $155 in 2022. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 199%. As a result, the exports attained the peak of $407, and then shrank dramatically in the following year.
| Export of Spices; Cardamoms, Crushed or Ground in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 203 | 136 | 407 | 155 | -8.6% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 204 | 136 | 407 | 155 | -8.7% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from the Dominican Republic in 2022:
- United States (8.0 kg)
299
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in the Dominican Republic.
3987
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
299
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in the Dominican Republic.
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
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,
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,
