Price for Spices; Mace, Crushed or Ground in Japan - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Japan (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Japan
Price for Spices; Mace, Crushed or Ground in Japan (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $27,638 per ton in 2022, with a decrease of -2.2% against the previous year. Over the period under review, the import price, however, showed mild growth. The growth pace was the most rapid in 2020 an increase of 60%. As a result, import price reached the peak level of $28,691 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($28,058 per ton), while the price for Vietnam amounted to $22,061 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Mace, Crushed or Ground in Japan
In 2022, the amount of spices; mace, crushed or ground imported into Japan reached 12 tons, picking up by 10% on 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, spices; mace, crushed or ground imports expanded markedly to $333K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Mace, Crushed or Ground in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 98.3 | 168 | 107 | 309 | 46.5% |
| Vietnam | 10.7 | 10.9 | 4.5 | 22.1 | 27.4% |
| India | 6.3 | 4.5 | 13.0 | N/A | 43.6% |
| Others | 0.8 | 4.1 | 184 | 2.3 | 42.2% |
| Total | 116 | 187 | 309 | 333 | 42.1% |
Top Suppliers of Spices; Mace, Crushed or Ground to Japan in 2022:
- Indonesia (11.0 tons)
- Vietnam (1.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Japan.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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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