Price for Spices; Cardamoms, Neither Crushed Nor Ground in Peru - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Peru (FOB) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Peru (CIF) - 2022
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Peru
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Peru
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Peru (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $15,300 per ton in 2022, picking up by 353% against the previous year. In general, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to -10.6% per year.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Peru (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $17,011 per ton, with a decrease of -3.2% against the previous year. Overall, the import price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2014 when the average import price increased by 132%. As a result, import price reached the peak level of $61,600 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Guatemala.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +27.3% per year.
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Peru
After three years of growth, overseas shipments of spices; cardamoms, neither crushed nor ground decreased by -99.7% to 10 kg in 2022. In general, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 122% against the previous year. As a result, the exports attained the peak of 3.4 tons, and then dropped notably in the following year.
In value terms, exports of spices; cardamoms, neither crushed nor ground shrank remarkably to $153 in 2022. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 77%. As a result, the exports attained the peak of $12K, and then fell sharply in the following year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | N/A | N/A | 0.2 | 0% |
| Dominican Republic | 5.0 | 6.6 | 8.4 | N/A | 29.6% |
| Canada | N/A | N/A | 3.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 6.6 | 11.6 | 0.2 | -65.8% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Peru in 2022:
- Chile (10.0 kg)
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Peru
After three years of growth, purchases abroad of spices; cardamoms, neither crushed nor ground decreased by -0.2% to 2 tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 0.4%. As a result, imports reached the peak of 2 tons, leveling off in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground dropped to $34K in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 29.9 | 33.0 | 35.5 | 34.2 | 4.6% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 30.5 | 33.0 | 35.5 | 34.2 | 3.9% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Peru in 2022:
- Guatemala (2.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Peru.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
634
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Peru.
3990
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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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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,
3773
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
8418
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.
3860
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,
