Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina - 2023
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (CIF) - 2022
The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $2,664 per ton in 2022, jumping by 17% against the previous year. In general, the import price, however, recorded a mild setback. The growth pace was the most rapid in 2021 an increase of 21%. Over the period under review, average import prices reached the peak figure at $3,380 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,358 per ton), while the price for China ($2,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (FOB) - 2022
In 2022, the average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $5,338 per ton, surging by 8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2013 when the average export price increased by 19% against the previous year. The export price peaked at $6,170 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($6,184 per ton), while the average price for exports to Paraguay ($4,809 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 Uruguay (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina
In 2022, supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -6.8% to 1.5K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground rose significantly to $4.1M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,052 | 2,679 | 2,224 | 2,361 | 4.8% |
| Peru | 120 | 551 | 747 | 844 | 91.6% |
| Chile | 524 | 379 | 517 | 474 | -3.3% |
| Spain | 172 | 159 | 244 | 327 | 23.9% |
| Others | 24.2 | 11.4 | 36.9 | 96.0 | 58.3% |
| Total | 2,893 | 3,778 | 3,768 | 4,102 | 12.3% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Argentina in 2022:
- China (1031.5 tons)
- Peru (283.0 tons)
- Chile (150.0 tons)
- Spain (61.0 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina
In 2022, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Argentina soared to 20 tons, with an increase of 307% against the previous year's figure. Over the period under review, exports, however, showed a mild setback.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground soared to $105K in 2022. Overall, exports enjoyed a mild increase.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 48.6 | 59.0 | N/A | 67.7 | 11.7% |
| Paraguay | 51.1 | 65.5 | 7.3 | 32.5 | -14.0% |
| Chile | N/A | 5.0 | N/A | 4.5 | -5.1% |
| United States | N/A | 57.0 | 16.5 | N/A | -71.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 99.7 | 186 | 23.8 | 105 | 1.7% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Argentina in 2022:
- Spain (12.1 tons)
- Paraguay (6.8 tons)
- Chile (0.7 tons)
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