Price for Spices; Mace, Crushed or Ground in New Zealand - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in New Zealand (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in New Zealand
Price for Spices; Mace, Crushed or Ground in New Zealand (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $25,604 per ton in 2022, falling by -34.9% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 52%. The import price peaked at $39,339 per ton in 2021, and then contracted markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($40,477 per ton), while the price for India ($18,922 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Mace, Crushed or Ground in New Zealand
Spices; mace, crushed or ground imports into New Zealand soared to 1.6 tons in 2022, with an increase of 145% compared with 2021 figures. Over the period under review, imports enjoyed 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 $40K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Mace, Crushed or Ground in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.5 | 1.2 | 0.7 | 19.4 | 77.0% |
| Malaysia | 5.8 | 2.4 | 10.5 | 16.3 | 41.1% |
| Indonesia | 2.3 | 10.6 | 1.2 | 3.0 | 9.3% |
| Vietnam | 0.5 | 1.0 | 0.5 | 1.0 | 26.0% |
| Germany | 0.5 | 4.7 | 1.7 | 0.3 | -15.7% |
| Australia | 2.3 | 0.4 | 0.5 | N/A | -53.4% |
| Others | 1.2 | 5.1 | 10.1 | 0.1 | -56.3% |
| Total | 16.3 | 25.4 | 25.2 | 40.1 | 35.0% |
Top Suppliers of Spices; Mace, Crushed or Ground to New Zealand in 2022:
- India (1026.0 kg)
- Malaysia (404.0 kg)
- Indonesia (80.0 kg)
- Vietnam (25.0 kg)
- Germany (10.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in New Zealand.
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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 New Zealand.
3985
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
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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,
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
8415
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.
3858
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,
