Price for Spices; Cardamoms, Neither Crushed Nor Ground in Austria - 2023

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Austria (CIF) - 2022
  2. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Austria (FOB) - 2022
  3. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Austria
  4. Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Austria

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Austria (CIF) - 2022

The average import price for spices; cardamoms, neither crushed nor ground stood at $20,927 per ton in 2022, falling by -15% against the previous year. Over the period under review, the import price, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2019 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum at $27,874 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 Guatemala ($44,943 per ton), while the price for Italy ($1,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Austria (FOB) - 2022

In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $61,673 per ton, picking up by 13% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 79%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($99,244 per ton), while the average price for exports to Poland ($35,799 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 Japan (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Austria

In 2022, overseas purchases of spices; cardamoms, neither crushed nor ground decreased by -32.2% to 65 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 50%.

In value terms, imports of spices; cardamoms, neither crushed nor ground contracted notably to $1.4M in 2022. Over the period under review, imports, however, posted strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 98% against the previous year.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.024.514.8411154.3%
Netherlands1.61.84.0396527.9%
China0.2N/A0.23181067.2%
India0.397.5462154700.7%
Tanzania16.241.6N/A45.340.9%
Guatemala9061,7781,8523.9-83.7%
ItalyN/AN/AN/A2.60%
Others60.353.429.029.4-21.3%
Total1,0101,9972,3621,36110.5%

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Austria in 2022:

  1. Germany (21.5 tons)
  2. Netherlands (18.9 tons)
  3. China (13.0 tons)
  4. India (6.2 tons)
  5. Tanzania (3.5 tons)
  6. Italy (1.3 tons)
  7. Guatemala (0.1 tons)

Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Austria

In 2022, overseas shipments of spices; cardamoms, neither crushed nor ground decreased by -40.8% to 5.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.

In value terms, exports of spices; cardamoms, neither crushed nor ground reduced dramatically to $326K in 2022. Over the period under review, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 47%.

Export of Spices; Cardamoms, Neither Crushed Nor Ground in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany156196192116-9.4%
Poland26.463.676.945.519.9%
Switzerland35.829.640.545.28.1%
Italy26.339.439.432.57.3%
Japan0.2N/AN/A19.6361.0%
Sweden6.014.219.617.743.4%
Slovenia4.919.215.812.637.0%
Russia7.815.15.69.98.3%
Croatia10.86.75.10.4-66.7%
Slovakia5.318.612.10.4-57.7%
IndiaN/AN/A41.0N/A0%
Others5.116.541.126.673.4%
Total2844184893264.7%

Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Austria in 2022:

  1. Germany (1619.0 kg)
  2. Poland (1272.0 kg)
  3. Switzerland (680.0 kg)
  4. Italy (466.0 kg)
  5. Sweden (319.0 kg)
  6. Japan (197.0 kg)
  7. Slovenia (170.0 kg)
  8. Russia (134.0 kg)
  9. Croatia (10.0 kg)
  10. Slovakia (9.0 kg)

Source: IndexBox Market Intelligence Platform

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