Price for Spices; Mace, Crushed or Ground in Morocco - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Morocco (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Morocco
Price for Spices; Mace, Crushed or Ground in Morocco (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $26,825 per ton, shrinking by -3% against the previous year. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53% against the previous year. The import price peaked at $36,958 per ton in 2013; however, from 2014 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 Indonesia ($29,568 per ton), while the price for Spain ($23,706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Mace, Crushed or Ground in Morocco
In 2022, the amount of spices; mace, crushed or ground imported into Morocco skyrocketed to 388 kg, rising by 29% on 2021. Over the period under review, imports, however, saw a perceptible decrease.
In value terms, spices; mace, crushed or ground imports surged to $10K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of $14K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Mace, Crushed or Ground in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.2 | 5.0 | 2.6 | 3.5 | 3.0% |
| Netherlands | 2.8 | 4.3 | 2.4 | 3.1 | 3.5% |
| Spain | 0.2 | 0.5 | 0.9 | 0.8 | 58.7% |
| Others | 2.8 | 4.3 | 2.4 | 3.1 | 3.5% |
| Total | 8.9 | 14.0 | 8.3 | 10.4 | 5.3% |
Top Suppliers of Spices; Mace, Crushed or Ground to Morocco in 2022:
- Netherlands (118.0 kg)
- Indonesia (118.0 kg)
- Spain (34.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Morocco.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Morocco.
3975
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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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,
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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
8410
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.
3854
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,
