Price for Spices; Ginger, Crushed or Ground in Qatar - 2023
Contents:
- Price for Spices; Ginger, Crushed or Ground in Qatar (CIF) - 2022
- Imports of Spices; Ginger, Crushed or Ground in Qatar
Price for Spices; Ginger, Crushed or Ground in Qatar (CIF) - 2022
The average import price for spices; ginger, crushed or ground stood at $2,258 per ton in 2022, declining by -34.1% against the previous year. Over the period under review, the import price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 86%. As a result, import price attained the peak level of $4,034 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 Jordan ($8,431 per ton), while the price for Bangladesh ($1,105 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Ginger, Crushed or Ground in Qatar
In 2022, the amount of spices; ginger, crushed or ground imported into Qatar surged to 149 tons, picking up by 92% on the year before. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 108%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, spices; ginger, crushed or ground imports soared to $337K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 287% against the previous year. As a result, imports attained the peak of $540K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Ginger, Crushed or Ground in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | 20.6 | 106 | 414.6% |
| Nepal | N/A | N/A | N/A | 95.5 | 0% |
| Jordan | 24.5 | 175 | 87.4 | 73.5 | 44.2% |
| India | 91.7 | 161 | 143 | 62.7 | -11.9% |
| Germany | 23.3 | 143 | N/A | N/A | 513.7% |
| Others | N/A | 61.0 | 16.1 | N/A | -73.6% |
| Total | 139 | 540 | 267 | 337 | 34.3% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Qatar in 2022:
- Bangladesh (95.6 tons)
- India (28.3 tons)
- Nepal (16.8 tons)
- Jordan (8.7 tons)
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