Price for Spices; Ginger, Crushed or Ground in Tunisia - 2022
Contents:
- Price for Spices; Ginger, Crushed or Ground in Tunisia (CIF) - 2022
- Price for Spices; Ginger, Crushed or Ground in Tunisia (FOB) - 2022
- Imports of Spices; Ginger, Crushed or Ground in Tunisia
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.7 | 14.9 | 0.1 | 5.1 | 93.9% |
France | 1.5 | 26.2 | 0.2 | N/A | -63.5% |
China | 0.2 | 3.0 | N/A | N/A | 1400.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.4 | 44.1 | 0.4 | 5.1 | 28.6% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Tunisia in 2022:
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 85.0 | 0% |
France | 44.0 | 793 | 71.0 | 49.0 | 3.7% |
Norway | N/A | N/A | 73.0 | N/A | 0% |
Switzerland | 165 | 603 | 236 | N/A | 19.6% |
Sweden | 33.0 | N/A | N/A | N/A | 0% |
United Arab Emirates | N/A | 936 | N/A | N/A | 0% |
Mauritania | N/A | N/A | 383 | N/A | 0% |
Canada | 214 | 619 | 218 | N/A | 0.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 456 | 2,951 | 981 | 134 | -33.5% |
Top Export Markets for Spices; Ginger, Crushed or Ground from Tunisia in 2022:
- Italy (19.0 kg)
- France (4.0 kg)
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The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.