Price for Spices; Mace, Crushed or Ground in Ghana - 2022
Contents:
- Price for Spices; Mace, Crushed or Ground in Ghana (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Ghana
Price for Spices; Mace, Crushed or Ground in Ghana (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $1,982 per ton in 2022, picking up by 23% against the previous year. Overall, the import price posted a measured increase. The most prominent rate of growth was recorded in 2018 an increase of 140% against the previous year. Over the period under review, average import prices attained the maximum at $2,827 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,167 per ton), while the price for Indonesia amounted to $1,982 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+73.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Mace, Crushed or Ground in Ghana
In 2022, overseas purchases of spices; mace, crushed or ground decreased by -2.1% to 2.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 139% against the previous year.
In value terms, spices; mace, crushed or ground imports soared to $5.2K in 2022. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 227%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Spices; Mace, Crushed or Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 5.2 | 0% |
| India | 0.4 | 1.3 | 4.4 | N/A | 231.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 1.3 | 4.4 | 5.2 | 135.1% |
Top Suppliers of Spices; Mace, Crushed or Ground to Ghana in 2022:
- Indonesia (2.6 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ghana.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
849
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ghana.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3772
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
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In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
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Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3772
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8417
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3860
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
