Price for Spices; Cardamoms, Neither Crushed Nor Ground in Greece - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Greece (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Greece (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Greece
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Greece
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Greece (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $11,386 per ton, reducing by -39.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 38% against the previous year. The import price peaked at $24,020 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,308 per ton), while the price for Guatemala ($9,572 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Greece (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $16,004 per ton, shrinking by -32.3% against the previous year. Over the period under review, the export price faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 133% against the previous year. The export price peaked at $80,833 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($24,740 per ton), while the average price for exports to Ireland ($14,005 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 Romania (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Greece
For the fourth consecutive year, Greece recorded growth in overseas purchases of spices; cardamoms, neither crushed nor ground, which increased by 10% to 27 tons in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground shrank notably to $307K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 66%.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | 89.1 | N/A | 124 | 18.0% |
| India | 48.3 | 142 | 296 | 114 | 33.1% |
| Netherlands | 139 | 130 | 99.4 | 29.1 | -40.6% |
| Germany | 20.8 | 0.6 | 34.8 | 21.1 | 0.5% |
| Italy | 19.0 | 19.1 | 26.6 | 11.9 | -14.4% |
| United Kingdom | 19.1 | 38.8 | N/A | N/A | 103.1% |
| Others | 16.3 | 16.5 | 7.1 | 6.4 | -26.8% |
| Total | 262 | 436 | 464 | 307 | 5.4% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Greece in 2022:
- Guatemala (13.0 tons)
- India (8.5 tons)
- Netherlands (2.3 tons)
- Germany (2.0 tons)
- Italy (0.7 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Greece
In 2022, shipments abroad of spices; cardamoms, neither crushed nor ground decreased by -6.6% to 1.5 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 752% against the previous year. As a result, the exports attained the peak of 3.5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of spices; cardamoms, neither crushed nor ground dropped sharply to $25K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 242% against the previous year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 8.8 | 14.0 | 16.9 | 17.3 | 25.3% |
| Ireland | 0.6 | 4.1 | 7.4 | 2.8 | 67.1% |
| Sweden | N/A | N/A | N/A | 2.6 | 0% |
| Malta | N/A | N/A | 4.1 | 1.2 | -70.7% |
| Germany | 0.1 | 2.9 | 0.9 | 0.6 | 81.7% |
| Italy | N/A | N/A | 7.3 | N/A | 0% |
| Albania | N/A | 10.5 | N/A | N/A | 0% |
| Others | 1.0 | 4.5 | 2.2 | N/A | 48.3% |
| Total | 10.5 | 36.0 | 38.8 | 24.5 | 32.6% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Greece in 2022:
- Cyprus (1080.0 kg)
- Ireland (200.0 kg)
- Sweden (170.0 kg)
- Malta (50.0 kg)
- Germany (32.0 kg)
600
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Greece.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
600
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Greece.
3986
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
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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.
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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
8415
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.
3858
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,
