Price for Spices; Mace, Crushed or Ground in Latvia - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Latvia (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Latvia
Price for Spices; Mace, Crushed or Ground in Latvia (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $15,036 per ton, dropping by -5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 51%. The import price peaked at $31,000 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($15,053 per ton), while the price for Germany totaled $12,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-10.6%).
Imports of Spices; Mace, Crushed or Ground in Latvia
For the fourth year in a row, Latvia recorded growth in supplies from abroad of spices; mace, crushed or ground, which increased by 6,900% to 420 kg in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; mace, crushed or ground imports skyrocketed to $6.3K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Mace, Crushed or Ground in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | N/A | N/A | 6.3 | 0% |
| Germany | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 0.2 | 0.1 | 6.3 | 297.9% |
Top Suppliers of Spices; Mace, Crushed or Ground to Latvia in 2022:
- Indonesia (417.0 kg)
- Germany (3.0 kg)
108
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Latvia.
3982
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
108
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Latvia.
3982
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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
8414
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.
3856
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,
3771
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
8414
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.
3856
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,
