Price for Spices; Ginger, Neither Crushed Nor Ground in the Netherlands - 2023
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands
- Exports of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands
Price for Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (CIF) - 2022
In 2022, the average import price for spices; ginger, neither crushed nor ground amounted to $1,397 per ton, waning by -26.8% against the previous year. Over the period under review, the import price showed a mild setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 35%. As a result, import price reached the peak level of $1,910 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($2,555 per ton), while the price for Brazil ($1,277 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (FOB) - 2022
In 2022, the average export price for spices; ginger, neither crushed nor ground amounted to $1,943 per ton, shrinking by -18.7% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for spices; ginger, neither crushed nor ground decreased by -22.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 40%. The export price peaked at $2,495 per ton in 2020; however, from 2021 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 Germany ($2,668 per ton), while the average price for exports to Romania ($1,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands
In 2022, supplies from abroad of spices; ginger, neither crushed nor ground decreased by -2.7% to 86K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 47%. As a result, imports reached the peak of 93K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of spices; ginger, neither crushed nor ground fell dramatically to $120M in 2022. In general, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 99%. As a result, imports reached the peak of $178M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.2 | 109 | 106 | 62.8 | 1.4% |
| Brazil | 10.2 | 19.3 | 22.2 | 24.4 | 33.7% |
| Peru | 11.8 | 36.8 | 25.2 | 21.1 | 21.4% |
| Nigeria | 1.4 | 3.1 | 4.2 | 4.7 | 49.7% |
| Thailand | 1.5 | 1.6 | 2.5 | 1.8 | 6.3% |
| Others | 4.6 | 8.3 | 8.4 | 4.9 | 2.1% |
| Total | 89.7 | 178 | 168 | 120 | 10.2% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to the Netherlands in 2022:
- China (46.8K tons)
- Brazil (19.1K tons)
- Peru (14.7K tons)
- Nigeria (1.8K tons)
- Thailand (1.3K tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands
After three years of growth, overseas shipments of spices; ginger, neither crushed nor ground decreased by -15.6% to 59K tons in 2022. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year.
In value terms, exports of spices; ginger, neither crushed nor ground declined remarkably to $115M in 2022. Overall, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. As a result, the exports reached the peak of $168M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Spices; Ginger, Neither Crushed Nor Ground in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.1 | 49.9 | 58.5 | 37.1 | 6.1% |
| France | 6.6 | 14.2 | 15.0 | 10.3 | 16.0% |
| Poland | 7.5 | 16.6 | 16.3 | 9.3 | 7.4% |
| Italy | 3.5 | 8.0 | 6.9 | 5.4 | 15.6% |
| United Kingdom | 3.0 | 9.5 | 6.5 | 4.9 | 17.8% |
| Switzerland | 4.2 | 7.6 | 6.2 | 4.9 | 5.3% |
| Denmark | 5.4 | 3.3 | 5.0 | 4.3 | -7.3% |
| Belgium | 4.9 | 7.4 | 7.8 | 3.9 | -7.3% |
| Austria | 5.0 | 6.4 | 5.1 | 3.8 | -8.7% |
| Russia | 3.1 | 1.0 | 1.2 | 3.7 | 6.1% |
| Sweden | 5.9 | 6.5 | 5.6 | 3.5 | -16.0% |
| Czech Republic | 3.2 | 3.1 | 3.4 | 3.3 | 1.0% |
| Romania | 1.8 | 2.6 | 2.5 | 1.9 | 1.8% |
| Others | 16.7 | 32.1 | 27.8 | 18.9 | 4.2% |
| Total | 102 | 168 | 168 | 115 | 4.1% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from the Netherlands in 2022:
- Germany (13.9K tons)
- Poland (6.4K tons)
- France (5.6K tons)
- Italy (3.1K tons)
- Denmark (2.6K tons)
- Sweden (2.6K tons)
- United Kingdom (2.4K tons)
- Belgium (2.3K tons)
- Russia (2.0K tons)
- Czech Republic (1.9K tons)
- Switzerland (1.9K tons)
- Romania (1.8K tons)
- Austria (1.5K tons)
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