Price for Spices; Mace, Crushed or Ground in Poland - 2023

Contents:

  1. Price for Spices; Mace, Crushed or Ground in Poland (CIF) - 2022
  2. Price for Spices; Mace, Crushed or Ground in Poland (FOB) - 2022
  3. Imports of Spices; Mace, Crushed or Ground in Poland
  4. Exports of Spices; Mace, Crushed or Ground in Poland

Price for Spices; Mace, Crushed or Ground in Poland (CIF) - 2022

In 2022, the average import price for spices; mace, crushed or ground amounted to $25,567 per ton, approximately equating the previous year. In general, the import price, however, showed buoyant growth. The growth pace was the most rapid in 2013 an increase of 99% against the previous year. The import price peaked at $32,511 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Spain ($37,038 per ton), while the price for Indonesia ($13,840 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Mace, Crushed or Ground in Poland (FOB) - 2022

In 2022, the average export price for spices; mace, crushed or ground amounted to $34,421 per ton, which is down by -6.9% against the previous year. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 75% against the previous year. Over the period under review, the average export prices attained the maximum at $48,332 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($74,916 per ton), while the average price for exports to the UK ($11,943 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+125.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Spices; Mace, Crushed or Ground in Poland

In 2022, spices; mace, crushed or ground imports into Poland surged to 1.8 tons, growing by 33% against the previous year's figure. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.5% 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 increased by +83.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, spices; mace, crushed or ground imports skyrocketed to $46K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 181% against the previous year. As a result, imports attained the peak of $50K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Spices; Mace, Crushed or Ground in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.76.817.425.0145.0%
Indonesia3.8N/AN/A10.239.0%
France1.47.72.53.535.7%
Germany6.36.313.73.5-17.8%
Netherlands1.28.2N/A1.712.3%
Denmark0.10.31.00.9108.0%
Czech Republic2.9N/AN/A0.7-37.7%
Others0.320.3N/A0.2-12.6%
Total17.749.734.745.837.3%

Top Suppliers of Spices; Mace, Crushed or Ground to Poland in 2022:

  1. Indonesia (739.0 kg)
  2. Spain (676.0 kg)
  3. France (127.0 kg)
  4. Germany (127.0 kg)
  5. Netherlands (74.0 kg)
  6. Denmark (31.0 kg)
  7. Czech Republic (17.0 kg)

Exports of Spices; Mace, Crushed or Ground in Poland

In 2022, shipments abroad of spices; mace, crushed or ground was finally on the rise to reach 83 kg after two years of decline. Overall, exports, however, showed a abrupt curtailment.

In value terms, spices; mace, crushed or ground exports skyrocketed to $2.9K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, the exports attained the peak of $3.4K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Spices; Mace, Crushed or Ground in Poland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1,9290%
Czech Republic9731,5072,250426-24.1%
Lithuania214N/AN/A38021.1%
United Kingdom70920.0N/A103-47.4%
Russia3091,864N/AN/A503.2%
Others13.0N/A80.022.019.2%
Total2,2183,3912,3302,8608.8%

Top Export Markets for Spices; Mace, Crushed or Ground from Poland in 2022:

  1. Spain (43.0 kg)
  2. Lithuania (25.0 kg)
  3. United Kingdom (9.0 kg)
  4. Czech Republic (6.0 kg)

Source: IndexBox Market Intelligence Platform

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