Price for Spices; Mace, Crushed or Ground in Slovakia - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Slovakia (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Slovakia (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Slovakia
- Exports of Spices; Mace, Crushed or Ground in Slovakia
Price for Spices; Mace, Crushed or Ground in Slovakia (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $23,160 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 56%. Over the period under review, average import prices attained the maximum at $25,526 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($36,159 per ton), while the price for Indonesia ($19,615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mace, Crushed or Ground in Slovakia (FOB) - 2022
The average export price for spices; mace, crushed or ground stood at $25,149 per ton in 2022, stabilizing at the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. The export price peaked at $32,946 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to -0.0% per year.
Imports of Spices; Mace, Crushed or Ground in Slovakia
After three years of growth, overseas purchases of spices; mace, crushed or ground decreased by -39% to 1.3 tons in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2020 when imports increased by 61% against the previous year.
In value terms, spices; mace, crushed or ground imports declined markedly to $31K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 150%.
| Import of Spices; Mace, Crushed or Ground in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 16.0 | 7.1 | N/A | 20.0 | 7.7% |
| Germany | N/A | 3.7 | N/A | 9.6 | 61.1% |
| Czech Republic | 0.1 | 0.4 | 0.8 | 1.0 | 115.4% |
| Italy | N/A | 23.3 | 46.8 | N/A | 100.9% |
| Netherlands | N/A | 6.2 | 3.1 | N/A | -50.0% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 16.2 | 40.6 | 50.8 | 30.8 | 23.9% |
Top Suppliers of Spices; Mace, Crushed or Ground to Slovakia in 2022:
- Indonesia (1022.0 kg)
- Germany (266.0 kg)
- Czech Republic (36.0 kg)
Exports of Spices; Mace, Crushed or Ground in Slovakia
In 2022, the amount of spices; mace, crushed or ground exported from Slovakia dropped markedly to 309 kg, falling by -30.9% compared with 2021 figures. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 104% against the previous year. As a result, the exports attained the peak of 447 kg, and then dropped rapidly in the following year.
In value terms, spices; mace, crushed or ground exports reduced markedly to $7.8K in 2022. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 147% against the previous year. As a result, the exports reached the peak of $11K, and then dropped sharply in the following year.
| Export of Spices; Mace, Crushed or Ground in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 6.0 | 4.6 | 11.3 | 7.7 | 8.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 4.6 | 11.3 | 7.8 | 9.1% |
Top Export Markets for Spices; Mace, Crushed or Ground from Slovakia in 2022:
- Czech Republic (308.0 kg)
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