Price for Spices; Cardamoms, Neither Crushed Nor Ground in Denmark - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $28,146 per ton, growing by 12% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; cardamoms, neither crushed nor ground decreased by -18.7% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 46% against the previous year. Over the period under review, average import prices attained the peak figure at $34,638 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($64,850 per ton), while the price for Indonesia ($3,814 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+44.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $13,959 per ton in 2022, rising by 3.1% against the previous year. Overall, the export price, however, saw a noticeable decline. The pace of growth was the most pronounced in 2013 an increase of 48% against the previous year. As a result, the export price attained the peak level of $25,656 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
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 Sweden ($33,385 per ton), while the average price for exports to Slovakia ($6,957 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 Finland (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark
In 2022, overseas purchases of spices; cardamoms, neither crushed nor ground decreased by -35.1% to 9.9 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 242%. As a result, imports attained the peak of 15 tons, and then contracted markedly in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground fell rapidly to $278K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. As a result, imports reached the peak of $381K, and then fell sharply in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 39.7 | 59.0 | 156 | 138 | 51.5% |
| Sweden | 30.7 | 34.3 | 58.6 | 64.3 | 27.9% |
| India | N/A | 14.7 | 68.6 | 25.9 | 32.7% |
| Netherlands | N/A | 0.1 | 13.5 | 20.7 | 1338.7% |
| Czech Republic | 7.8 | 23.0 | 20.1 | 9.4 | 6.4% |
| Indonesia | N/A | N/A | N/A | 5.5 | 0% |
| Turkey | N/A | N/A | 4.5 | 3.1 | -31.1% |
| Guatemala | N/A | N/A | 36.0 | 2.1 | -94.2% |
| United Kingdom | 32.3 | 16.5 | 1.4 | 0.6 | -73.5% |
| Others | 3.9 | 6.4 | 23.0 | 8.2 | 28.1% |
| Total | 114 | 154 | 381 | 278 | 34.6% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Denmark in 2022:
- Germany (4521.0 kg)
- Indonesia (1451.0 kg)
- India (1260.0 kg)
- Sweden (991.0 kg)
- Netherlands (653.0 kg)
- Czech Republic (473.0 kg)
- Turkey (152.0 kg)
- Guatemala (85.0 kg)
- United Kingdom (46.0 kg)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark
In 2022, approx. 1.2 tons of spices; cardamoms, neither crushed nor ground were exported from Denmark; dropping by -62.1% against the year before. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports reached the peak of 3.2 tons, and then declined sharply in the following year.
In value terms, exports of spices; cardamoms, neither crushed nor ground declined rapidly to $17K in 2022. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 118% against the previous year. As a result, the exports attained the peak of $43K, and then reduced markedly in the following year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.3 | 3.5 | 5.5 | 4.5 | 25.1% |
| Norway | 1.4 | 5.4 | 9.0 | 3.4 | 34.4% |
| Poland | 2.4 | 0.8 | 4.0 | 1.9 | -7.5% |
| Greenland | N/A | 0.2 | 1.5 | 1.2 | 144.9% |
| Finland | 0.6 | 0.3 | 1.4 | 1.1 | 22.4% |
| Netherlands | N/A | 0.9 | 0.9 | 1.0 | 5.4% |
| Hungary | N/A | 0.1 | 0.9 | 0.8 | 182.8% |
| Estonia | 0.2 | 0.2 | 0.7 | 0.5 | 35.7% |
| Faroe Islands | 0.1 | 0.1 | 14.2 | 0.5 | 71.0% |
| Belgium | N/A | 0.3 | 0.9 | 0.4 | 15.5% |
| Slovakia | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Germany | 17.1 | 6.8 | 1.0 | 0.1 | -82.0% |
| Others | 0.8 | 1.0 | 2.8 | 1.0 | 7.7% |
| Total | 25.1 | 19.7 | 43.0 | 16.8 | -12.5% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Denmark in 2022:
- Poland (238.0 kg)
- Norway (181.0 kg)
- Sweden (135.0 kg)
- Netherlands (133.0 kg)
- Greenland (128.0 kg)
- Hungary (102.0 kg)
- Finland (54.0 kg)
- Belgium (53.0 kg)
- Faroe Islands (49.0 kg)
- Slovakia (47.0 kg)
- Estonia (23.0 kg)
- Germany (6.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Denmark.
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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 Denmark.
3963
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3763
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
8396
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.
3845
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,
3763
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
8396
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.
3845
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,
