Price for Spices; Ginger, Crushed or Ground in Paraguay - 2024
Contents:
- Price for Spices; Ginger, Crushed or Ground in Paraguay (CIF) - 2022
- Imports of Spices; Ginger, Crushed or Ground in Paraguay
Price for Spices; Ginger, Crushed or Ground in Paraguay (CIF) - 2022
In 2022, the average import price for spices; ginger, crushed or ground amounted to $11,824 per ton, dropping by -66.4% against the previous year. Overall, the import price faced a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 43% against the previous year. The import price peaked at $35,147 per ton in 2021, and then contracted rapidly in the following year.
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 the United States ($42,714 per ton), while the price for Germany ($8,810 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+82.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Ginger, Crushed or Ground in Paraguay
After three years of growth, overseas purchases of spices; ginger, crushed or ground decreased by -60.3% to 341 kg in 2022. Overall, imports, however, posted notable growth. The pace of growth was the most pronounced in 2021 with an increase of 97%. As a result, imports reached the peak of 859 kg, and then declined rapidly in the following year.
In value terms, spices; ginger, crushed or ground imports shrank rapidly to $4K in 2022. Over the period under review, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when imports increased by 177% against the previous year. As a result, imports reached the peak of $30K, and then contracted notably in the following year.
| Import of Spices; Ginger, Crushed or Ground in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 0.5 | 0.6 | N/A | 1.8 | 53.3% |
| United States | N/A | N/A | N/A | 1.2 | 0% |
| Germany | N/A | N/A | N/A | 0.9 | 0% |
| Uruguay | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Spain | 2.4 | 3.0 | 9.3 | N/A | 96.9% |
| Lebanon | N/A | 3.9 | 11.3 | N/A | 189.7% |
| Others | 2.4 | 3.1 | 9.3 | N/A | 96.9% |
| Total | 5.5 | 10.9 | 30.2 | 4.0 | -10.1% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Paraguay in 2022:
- Brazil (198.0 kg)
- Germany (105.0 kg)
- United States (28.0 kg)
- Uruguay (10.0 kg)
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