Price for Spices; Mace, Neither Crushed Nor Ground in Argentina - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Argentina (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Argentina
Price for Spices; Mace, Neither Crushed Nor Ground in Argentina (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $12,307 per ton, rising by 20% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 61%. Over the period under review, average import prices attained the peak figure at $44,822 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +19.8% per year.
Imports of Spices; Mace, Neither Crushed Nor Ground in Argentina
In 2022, supplies from abroad of spices; mace, neither crushed nor ground decreased by -12.5% to 4 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 259% against the previous year. As a result, imports reached the peak of 5.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of spices; mace, neither crushed nor ground stood at $49K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Spices; Mace, Neither Crushed Nor Ground in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | 46.9 | 49.2 | 4.9% |
| Italy | 19.4 | 44.8 | 0.2 | N/A | -89.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.4 | 44.8 | 47.0 | 49.2 | 36.4% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Argentina in 2022:
- India (4.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Argentina.
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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
8419
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.
3860
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,
