Price for Spices; Ginger, Crushed or Ground in Tunisia - 2022

Contents:

  1. Price for Spices; Ginger, Crushed or Ground in Tunisia (CIF) - 2022
  2. Price for Spices; Ginger, Crushed or Ground in Tunisia (FOB) - 2022
  3. Imports of Spices; Ginger, Crushed or Ground in Tunisia
  4. Exports of Spices; Ginger, Crushed or Ground in Tunisia

Price for Spices; Ginger, Crushed or Ground in Tunisia (CIF) - 2022

The average import price for spices; ginger, crushed or ground stood at $22,987 per ton in 2022, growing by 91% against the previous year. In general, the import price posted a significant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 157% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +45.3% per year.

Price for Spices; Ginger, Crushed or Ground in Tunisia (FOB) - 2022

The average export price for spices; ginger, crushed or ground stood at $5,826 per ton in 2022, waning by -37.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $16,267 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($12,250 per ton), while the average price for exports to Italy amounted to $4,474 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+55.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Ginger, Crushed or Ground in Tunisia

Spices; ginger, crushed or ground imports into Tunisia soared to 224 kg in 2022, growing by 579% compared with 2021 figures. In general, imports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2020 when imports increased by 1,633% against the previous year. As a result, imports attained the peak of 4.3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, spices; ginger, crushed or ground imports skyrocketed to $5.1K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,726%. As a result, imports attained the peak of $44K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Spices; Ginger, Crushed or Ground in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.714.90.15.193.9%
France1.526.20.2N/A-63.5%
China0.23.0N/AN/A1400.0%
OthersN/AN/AN/AN/A0%
Total2.444.10.45.128.6%

Top Suppliers of Spices; Ginger, Crushed or Ground to Tunisia in 2022:

  1. India (224.0 kg)

Exports of Spices; Ginger, Crushed or Ground in Tunisia

In 2022, overseas shipments of spices; ginger, crushed or ground decreased by -78.1% to 23 kg, falling for the second year in a row after two years of growth. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 571% against the previous year. As a result, the exports attained the peak of 443 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, spices; ginger, crushed or ground exports shrank rapidly to $134 in 2022. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 547%. As a result, the exports reached the peak of $3K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Spices; Ginger, Crushed or Ground in Tunisia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A85.00%
France44.079371.049.03.7%
NorwayN/AN/A73.0N/A0%
Switzerland165603236N/A19.6%
Sweden33.0N/AN/AN/A0%
United Arab EmiratesN/A936N/AN/A0%
MauritaniaN/AN/A383N/A0%
Canada214619218N/A0.9%
OthersN/AN/AN/AN/A0%
Total4562,951981134-33.5%

Top Export Markets for Spices; Ginger, Crushed or Ground from Tunisia in 2022:

  1. Italy (19.0 kg)
  2. France (4.0 kg)

Source: IndexBox Market Intelligence Platform

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