Price for Spices; Cardamoms, Neither Crushed Nor Ground in Chile - 2024

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Chile (CIF) - 2022
  2. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Chile

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

The average import price for spices; cardamoms, neither crushed nor ground stood at $15,950 per ton in 2022, shrinking by -32.5% against the previous year. Over the period under review, the import price saw a mild decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $24,290 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany amounted to +14.8% per year.

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

In 2022, approx. 6.6 tons of spices; cardamoms, neither crushed nor ground were imported into Chile; with an increase of 21% compared with the year before. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 319%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of spices; cardamoms, neither crushed nor ground fell sharply to $105K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 384%.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.171.612510595.3%
SpainN/A2.4N/AN/A0%
Others1.2N/A4.4N/A91.5%
Total15.374.013010590.0%

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

  1. India (6.6 tons)

Source: IndexBox Market Intelligence Platform

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