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

Contents:

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

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

The average import price for spices; mace, crushed or ground stood at $72,000 per ton in 2022, picking up by 125% against the previous year. In general, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to +16.3% per year.

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

The average export price for spices; mace, crushed or ground stood at $26,714 per ton in 2020, picking up by 19% against the previous year. In general, export price indicated a buoyant expansion from 2015 to 2020: its price increased at an average annual rate of +8.7% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, spices; mace, crushed or ground export price increased by +52.0% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2020, the rate of growth in terms of prices for Croatia amounted to +3.4% per year.

Imports of Spices; Mace, Crushed or Ground in Slovenia

In 2022, purchases abroad of spices; mace, crushed or ground decreased by -97.8% to 2 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 176%.

In value terms, spices; mace, crushed or ground imports fell notably to $144 in 2022. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 372%.

Import of Spices; Mace, Crushed or Ground in Slovenia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27044046.0144-18.9%
AustriaN/A1,1312,529N/A123.6%
Italy55.0N/A334N/A146.4%
Others8.0N/AN/AN/A0%
Total3331,5712,909144-24.4%

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

  1. Germany (2.0 kg)

Exports of Spices; Mace, Crushed or Ground in Slovenia

In 2020, exports of spices; mace, crushed or ground from Slovenia soared to 7 kg, increasing by 250% on 2019 figures. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spices; mace, crushed or ground exports surged to $187 in 2020. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Spices; Mace, Crushed or Ground in Slovenia (USD)
COUNTRY20192020CAGR,
2019-2020
Netherlands45.0187315.6%
OthersN/AN/A0%
Total45.0187315.6%

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

  1. Netherlands (7.0 kg)

Source: IndexBox Market Intelligence Platform

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