Price for Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand - 2024
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand
Price for Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $21,229 per ton, jumping by 20% against the previous year. Overall, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 67% against the previous year. Over the period under review, average import prices reached the maximum at $23,369 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($21,409 per ton), while the price for China ($16,035 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $19,733 per ton in 2022, shrinking by -15.2% against the previous year. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 255% against the previous year. As a result, the export price attained the peak level of $47,938 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($58,000 per ton), while the average price for exports to Niue ($10,000 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 Australia (+94.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand
In 2022, overseas purchases of spices; cardamoms, neither crushed nor ground decreased by -49.8% to 20 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 162%. As a result, imports reached the peak of 41 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cardamoms, neither crushed nor ground contracted sharply to $417K in 2022. In general, imports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2020 with an increase of 157%. As a result, imports attained the peak of $942K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 195 | 467 | 525 | 361 | 22.8% |
| Guatemala | 125 | 336 | 110 | 37.5 | -33.1% |
| China | 12.0 | 5.2 | 25.1 | 7.7 | -13.7% |
| Malaysia | 12.5 | 51.9 | 19.1 | N/A | 23.6% |
| United Arab Emirates | 19.7 | 43.4 | N/A | N/A | 120.3% |
| Others | 3.3 | 38.4 | 9.2 | 11.0 | 49.4% |
| Total | 367 | 942 | 689 | 417 | 4.3% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to New Zealand in 2022:
- India (16.8 tons)
- Guatemala (1.8 tons)
- China (0.5 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand
Exports of spices; cardamoms, neither crushed nor ground from New Zealand fell notably to 15 kg in 2022, waning by -59.5% against 2021 figures. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2021 when exports increased by 270% against the previous year.
In value terms, exports of spices; cardamoms, neither crushed nor ground reduced markedly to $296 in 2022. In general, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 125%.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in New Zealand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cook Islands | 298 | N/A | 777 | 218 | -9.9% |
| New Caledonia | 96.0 | 360 | 84.0 | 58.0 | -15.5% |
| Niue | N/A | N/A | N/A | 20.0 | 0% |
| Fiji | 3,228 | N/A | N/A | N/A | 0% |
| Others | 7.0 | 22.0 | N/A | N/A | 214.3% |
| Total | 3,629 | 382 | 861 | 296 | -56.6% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from New Zealand in 2022:
- Cook Islands (12.0 kg)
- Niue (2.0 kg)
- New Caledonia (1.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in New Zealand.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
399
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in New Zealand.
4014
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
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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,
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.
3883
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,
