Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (CIF) - 2022
In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $1,533 per ton, which is down by -6.1% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. The import price peaked at $5,873 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,180 per ton), while the price for the United Arab Emirates ($1,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (FOB) - 2022
The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $1,522 per ton in 2022, jumping by 62% against the previous year. Over the period under review, the export price, however, faced a abrupt decrease. The export price peaked at $4,475 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($6,750 per ton), while the average price for exports to Turkey ($300 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 India (+4.6%), 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 Iran
In 2022, supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -0.6% to 788 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 1.6%.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground declined to $1.2M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of $1.3M, and then dropped in the following year.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 844 | 624 | 492 | 756 | -3.6% |
| China | 57.9 | 159 | 241 | 288 | 70.7% |
| United Arab Emirates | 80.6 | 210 | 495 | 107 | 9.9% |
| Turkey | 8.9 | 7.5 | 63.2 | 53.7 | 82.1% |
| Oman | 151 | N/A | N/A | N/A | 0% |
| Others | 19.4 | 122 | 1.9 | 2.6 | -48.8% |
| Total | 1,162 | 1,122 | 1,293 | 1,207 | 1.3% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Iran in 2022:
- India (593.1 tons)
- China (90.6 tons)
- United Arab Emirates (86.2 tons)
- Turkey (17.6 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran
In 2022, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Iran soared to 1.9 tons, with an increase of 84% on 2021 figures. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,240% against the previous year. As a result, the exports reached the peak of 2.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground skyrocketed to $2.9K in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 865%. As a result, the exports attained the peak of $4.9K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Iran (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 18.0 | 120 | 433 | 2,026 | 382.8% |
| Italy | N/A | N/A | 262 | 597 | 127.9% |
| Iraq | 1.0 | 21.0 | 22.0 | 86.0 | 341.4% |
| Afghanistan | 1.0 | 5.0 | 18.0 | 61.0 | 293.6% |
| United Arab Emirates | N/A | 19.0 | 55.0 | N/A | 189.5% |
| Pakistan | 474 | 4,649 | N/A | N/A | 880.8% |
| Others | 11.0 | 59.0 | 187 | 155 | 141.5% |
| Total | 505 | 4,873 | 977 | 2,925 | 79.6% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Iran in 2022:
- Azerbaijan (1320.0 kg)
- Italy (376.0 kg)
- Iraq (101.0 kg)
- Afghanistan (60.0 kg)
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