Price for Spices; Cardamoms, Neither Crushed Nor Ground in Brazil - 2024
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $14,103 per ton, shrinking by -37% against the previous year. In general, the import price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 47%. As a result, import price attained the peak level of $23,569 per ton. From 2021 to 2022, the average 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 ($24,975 per ton), while the price for India totaled $13,805 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $43,432 per ton, shrinking by -26.4% against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 177% against the previous year. The export price peaked at $59,000 per ton in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($110,500 per ton), while the average price for exports to Greece ($10,800 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+128.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil
In 2022, imports of spices; cardamoms, neither crushed nor ground into Brazil reduced notably to 5.3 tons, shrinking by -86.8% against 2021 figures. In general, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 293%. As a result, imports attained the peak of 40 tons, and then dropped markedly in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground declined sharply to $74K in 2022. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 273% against the previous year. As a result, imports attained the peak of $891K, and then fell sharply in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 17.1 | 87.0 | 237 | 69.0 | 59.2% |
| Guatemala | 129 | 94.4 | 278 | 5.0 | -66.2% |
| United States | 4.4 | 8.4 | 66.0 | N/A | 287.3% |
| United Arab Emirates | 16.4 | 21.2 | 143 | N/A | 195.3% |
| Others | 10.5 | 28.0 | 167 | 0.1 | -78.8% |
| Total | 177 | 239 | 891 | 74.2 | -25.2% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Brazil in 2022:
- India (5.0 tons)
- Guatemala (0.2 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil
In 2022, exports of spices; cardamoms, neither crushed nor ground from Brazil skyrocketed to 95 kg, with an increase of 102% compared with the previous year's figure. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cardamoms, neither crushed nor ground soared to $4.1K in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 139% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Marshall Islands | 140 | 198 | 368 | 1,120 | 100.0% |
| Liberia | 36.0 | 68.0 | 177 | 709 | 170.1% |
| Singapore | 66.0 | 97.0 | 218 | 622 | 111.2% |
| Denmark | N/A | N/A | N/A | 262 | 0% |
| Panama | 93.0 | 62.0 | 355 | 239 | 37.0% |
| Norway | 23.0 | 38.0 | 55.0 | 221 | 112.6% |
| Bahamas | 6.0 | 16.0 | 54.0 | 170 | 204.9% |
| Bangladesh | N/A | N/A | N/A | 133 | 0% |
| Thailand | 21.0 | 23.0 | 28.0 | 99.0 | 67.7% |
| Saint Vincent and the Grenadines | N/A | N/A | N/A | 63.0 | 0% |
| Greece | N/A | N/A | N/A | 54.0 | 0% |
| Hong Kong SAR | 150 | 222 | 313 | N/A | 44.5% |
| Canada | 157 | 243 | 199 | N/A | 12.6% |
| Others | 483 | 192 | 1,006 | 434 | -3.5% |
| Total | 1,175 | 1,159 | 2,773 | 4,126 | 52.0% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Brazil in 2022:
- Singapore (41.0 kg)
- Marshall Islands (16.0 kg)
- Liberia (9.0 kg)
- Greece (5.0 kg)
- Panama (4.0 kg)
- Bangladesh (3.0 kg)
- Denmark (3.0 kg)
- Bahamas (3.0 kg)
- Saint Vincent and the Grenadines (2.0 kg)
- Norway (2.0 kg)
- Thailand (2.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
4015
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3786
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
8440
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.
3884
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,
3786
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
8440
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.
3884
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,
