Price for Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela - 2022

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela (CIF) - 2022
  2. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela (CIF) - 2022

In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $16,888 per ton, which is down by -12.8% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. The import price peaked at $19,362 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($17,270 per ton), while the price for Guatemala stood at $16,462 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%).

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela

In 2022, after two years of decline, there was significant growth in supplies from abroad of spices; cardamoms, neither crushed nor ground, when their volume increased by 5.4% to 527 kg. In general, imports, however, showed a deep reduction.

In value terms, imports of spices; cardamoms, neither crushed nor ground fell to $8.9K in 2022. Over the period under review, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.74.79.74.8-23.4%
GuatemalaN/A3.4N/A4.19.8%
OthersN/AN/AN/AN/A0%
Total10.78.19.78.9-6.0%

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Venezuela in 2022:

  1. India (278.0 kg)
  2. Guatemala (249.0 kg)

Source: IndexBox Market Intelligence Platform

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