Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan - 2022

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan (CIF) - 2022
  2. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan (FOB) - 2022
  3. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan
  4. Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan (CIF) - 2022

The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $600 per ton in 2022, growing by 20% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2013 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $2,738 per ton. From 2014 to 2022, the average 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 Russia ($5,307 per ton), while the price for Uzbekistan ($456 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.2%), 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 Kazakhstan (FOB) - 2022

The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $877 per ton in 2022, growing by 235% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The export price peaked at $1,166 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($4,431 per ton), while the average price for exports to Russia amounted to $254 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+2.1%).

Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan

In 2022, after three years of growth, there was significant decline in purchases abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground, when their volume decreased by -17.7% to 9.9K tons. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 12K tons, and then reduced markedly in the following year.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground dropped slightly to $5.9M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59%.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan2.54.44.74.319.8%
Russia0.10.40.80.9108.0%
China0.40.30.40.614.5%
Others0.20.10.10.1-20.6%
Total3.35.26.05.921.4%

Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Kazakhstan in 2022:

  1. Uzbekistan (9.4K tons)
  2. China (0.3K tons)
  3. Russia (0.2K tons)

Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan

In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground exported from Kazakhstan fell sharply to 21 tons, dropping by -67.4% against the year before. In general, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 282% against the previous year. As a result, the exports attained the peak of 64 tons, and then declined markedly in the following year.

In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground rose sharply to $18K in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 288% against the previous year.

Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia23.34.215.75.0-40.1%
Kyrgyzstan0.20.10.53.2152.0%
Others0.4N/A0.510.0192.4%
Total23.84.316.718.2-8.6%

Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Kazakhstan in 2022:

  1. Russia (19.7 tons)
  2. Kyrgyzstan (0.7 tons)

Source: IndexBox Market Intelligence Platform

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