Price for Spices; Cardamoms, Neither Crushed Nor Ground in Portugal - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $25,970 per ton, waning by -18.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 40%. The import price peaked at $33,039 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 Austria ($70,593 per ton), while the price for Spain ($18,834 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $34,757 per ton in 2022, picking up by 41% against the previous year. Overall, the export price showed measured growth. The growth pace was the most rapid in 2014 an increase of 1,567% against the previous year. The export price peaked at $49,289 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($129,500 per ton), while the average price for exports to Spain ($6,000 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 Mozambique (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal
In 2022, purchases abroad of spices; cardamoms, neither crushed nor ground decreased by -52.3% to 2.9 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 130% against the previous year. As a result, imports attained the peak of 6.1 tons, and then contracted dramatically in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground plummeted to $76K in 2022. In general, imports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 122% against the previous year. As a result, imports attained the peak of $196K, and then dropped markedly in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 14.0 | 10.4 | 151 | 27.0 | 24.5% |
| France | 28.9 | 20.2 | 31.3 | 22.2 | -8.4% |
| Italy | N/A | N/A | N/A | 11.1 | 0% |
| Netherlands | N/A | N/A | 1.6 | 8.2 | 412.5% |
| Austria | 5.3 | 9.3 | 8.1 | 6.4 | 6.5% |
| United Kingdom | 8.1 | 22.3 | N/A | N/A | 175.3% |
| Guatemala | N/A | 12.7 | 0.6 | N/A | -95.3% |
| United Arab Emirates | 12.4 | 12.5 | N/A | N/A | 0.8% |
| Others | 0.2 | 0.8 | 3.5 | 1.1 | 76.5% |
| Total | 69.0 | 88.2 | 196 | 75.9 | 3.2% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Portugal in 2022:
- Spain (1432.0 kg)
- France (647.0 kg)
- Italy (493.0 kg)
- Netherlands (238.0 kg)
- Austria (91.0 kg)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal
In 2022, overseas shipments of spices; cardamoms, neither crushed nor ground were finally on the rise to reach 107 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous curtailment.
In value terms, exports of spices; cardamoms, neither crushed nor ground soared to $3.7K in 2022. Over the period under review, exports, however, faced a sharp curtailment.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 0.9 | 0.1 | N/A | 2.7 | 44.2% |
| Cabo Verde | 0.2 | 0.5 | 0.7 | 0.5 | 35.7% |
| Mozambique | N/A | 0.3 | N/A | 0.3 | 0.0% |
| Guinea-Bissau | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Spain | 8.9 | 7.2 | N/A | N/A | -19.1% |
| Others | 0.4 | 0.1 | 0.3 | 0.1 | -37.0% |
| Total | 10.4 | 8.3 | 1.1 | 3.7 | -29.1% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Portugal in 2022:
- Angola (72.0 kg)
- Cabo Verde (23.0 kg)
- Guinea-Bissau (7.0 kg)
- Mozambique (2.0 kg)
- Spain (1.0 kg)
651
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Portugal.
3985
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
651
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Portugal.
3985
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
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,
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,
