Price for Spices; Cardamoms, Neither Crushed Nor Ground in Qatar - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Qatar (CIF) - 2023
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Qatar
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Qatar (CIF) - 2023
In October 2023, the average import price for spices; cardamoms, neither crushed nor ground amounted to $15,575 per ton, picking up by 40% against the previous month. In general, import price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for spices; cardamoms, neither crushed nor ground increased by +40.0% against September 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 70% m-o-m. As a result, import price reached the peak level of $18,267 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was India ($25,294 per ton), while the price for Guatemala ($14,835 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Kuwait (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Qatar
In 2022, approx. 811 tons of spices; cardamoms, neither crushed nor ground were imported into Qatar; growing by 42% compared with the year before. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground expanded modestly to $12M in 2022. Overall, imports saw a measured expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 9.4 | 17.4 | 7.5 | 9.9 | 1.7% |
| India | 0.6 | 2.3 | 3.6 | 1.7 | 41.5% |
| Others | 0.4 | 0.1 | 0.5 | 0.2 | -20.6% |
| Total | 10.5 | 19.9 | 11.5 | 11.9 | 4.3% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Qatar in 2022:
- Guatemala (700.8 tons)
- India (101.5 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Qatar.
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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 Qatar.
3987
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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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,
3772
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
8416
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,
