Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan - 2023

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan (FOB) - 2023
  2. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan (CIF) - 2022
  3. Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan
  4. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan (FOB) - 2023

The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $346 per ton in October 2023, picking up by 29% against the previous month. In general, the export price, however, recorded a pronounced curtailment. Over the period under review, the average export prices reached the maximum at $621 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Kyrgyzstan ($350 per ton), while the average price for exports to Kazakhstan amounted to $268 per ton.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+0.3%).

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

The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $1,924 per ton in 2022, shrinking by -34.6% against the previous year. In general, the import price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 626%. As a result, import price reached the peak level of $4,209 per ton. From 2019 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 Germany ($12,149 per ton), while the price for Kyrgyzstan ($350 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+328.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Uzbekistan shrank to 10K tons in 2022, reducing by -8.9% against the previous year. Overall, exports showed a drastic downturn. The smallest decline of -3.8% was in 2021.

In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground declined remarkably to $6.5M in 2022. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 3.3%.

Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan2.44.84.53.614.5%
Russia1.30.91.01.42.5%
Kyrgyzstan0.10.70.40.458.7%
Ukraine0.20.20.40.314.5%
TajikistanN/A0.10.10.10.0%
Turkey6.30.3N/AN/A-95.2%
Others0.91.82.70.6-12.6%
Total11.38.79.06.5-16.8%

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

  1. Kazakhstan (7.6K tons)
  2. Kyrgyzstan (1.3K tons)
  3. Russia (0.6K tons)
  4. Ukraine (0.3K tons)
  5. Tajikistan (0.2K tons)

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

In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground imported into Uzbekistan soared to 19 tons, surging by 138% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 255%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground surged to $37K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 58%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.64.33.021.882.3%
SpainN/AN/AN/A5.60%
KyrgyzstanN/AN/AN/A3.60%
GermanyN/A6.9N/A2.6-38.6%
IndiaN/AN/A18.80.5-97.3%
Russia1.47.41.8N/A13.4%
Others7.91.8N/A2.4-32.8%
Total12.920.423.536.641.6%

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

  1. Kyrgyzstan (10.3 tons)
  2. Turkey (7.5 tons)
  3. Spain (0.6 tons)
  4. Germany (0.2 tons)
  5. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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