Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $16,444 per ton, reducing by -25.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 54%. As a result, import price attained the peak level of $29,619 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($16,742 per ton), while the price for Guatemala amounted to $13,754 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.4%).
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $14,907 per ton in 2022, reducing by -57.4% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 27%. Over the period under review, the average export prices reached the maximum at $35,224 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($37,813 per ton), while the average price for exports to Latvia stood at $11,705 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine
After three years of growth, purchases abroad of spices; cardamoms, neither crushed nor ground decreased by -70% to 6.6 tons in 2022. In general, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, imports reached the peak of 22 tons, and then declined significantly in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground fell sharply to $109K in 2022. Over the period under review, imports saw a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 64% against the previous year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.4 | 112 | 298 | 91.3 | 53.2% |
| Guatemala | 243 | 339 | 184 | 15.3 | -60.2% |
| Indonesia | 9.7 | N/A | N/A | N/A | 0% |
| Others | 1.9 | 6.9 | 6.2 | 2.3 | 6.6% |
| Total | 280 | 459 | 488 | 109 | -27.0% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Ukraine in 2022:
- India (5.5 tons)
- Guatemala (1.1 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine
In 2022, exports of spices; cardamoms, neither crushed nor ground from Ukraine surged to 981 kg, with an increase of 332% against the previous year. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cardamoms, neither crushed nor ground soared to $15K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | N/A | 10.2 | 0% |
| Moldova | 1.6 | 2.9 | 2.4 | 3.6 | 31.0% |
| Russia | 3.4 | 6.2 | 4.4 | N/A | 13.8% |
| Others | N/A | N/A | 1.1 | 0.8 | -27.3% |
| Total | 5.0 | 9.1 | 7.9 | 14.6 | 42.9% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Ukraine in 2022:
- Latvia (875.0 kg)
- Moldova (96.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ukraine.
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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.
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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,
