Price for Spices; Mace, Neither Crushed Nor Ground in Belgium - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Belgium (CIF) - 2022
- Price for Spices; Mace, Neither Crushed Nor Ground in Belgium (FOB) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Belgium
- Exports of Spices; Mace, Neither Crushed Nor Ground in Belgium
Price for Spices; Mace, Neither Crushed Nor Ground in Belgium (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $19,071 per ton, with an increase of 12% against the previous year. Over the period under review, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($54,667 per ton), while the price for the Netherlands ($11,768 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Mace, Neither Crushed Nor Ground in Belgium (FOB) - 2022
In 2022, the average export price for spices; mace, neither crushed nor ground amounted to $22,107 per ton, surging by 40% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 62% against the previous year. The export price peaked at $28,424 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($48,700 per ton), while the average price for exports to the Netherlands ($21,346 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 the UK (+5.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Mace, Neither Crushed Nor Ground in Belgium
In 2022, imports of spices; mace, neither crushed nor ground into Belgium soared to 9.7 tons, jumping by 37% on the year before. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 174% against the previous year. As a result, imports reached the peak of 26 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 skyrocketed to $185K in 2022. In general, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 198%. As a result, imports attained the peak of $352K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Mace, Neither Crushed Nor Ground in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.3 | 1.6 | 1.3 | 66.2 | 206.5% |
| Netherlands | 115 | 320 | 105 | 66.1 | -16.9% |
| Italy | N/A | 6.3 | 6.4 | 51.9 | 187.0% |
| Others | 0.8 | 23.9 | 8.3 | 0.8 | 0.0% |
| Total | 118 | 352 | 121 | 185 | 16.2% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Belgium in 2022:
- Netherlands (5.6 tons)
- Italy (2.2 tons)
- France (1.8 tons)
Exports of Spices; Mace, Neither Crushed Nor Ground in Belgium
In 2022, overseas shipments of spices; mace, neither crushed nor ground decreased by -44.4% to 881 kg, falling for the second year in a row after two years of growth. Overall, exports, however, showed perceptible growth. The growth pace was the most rapid in 2020 with an increase of 754% against the previous year. As a result, the exports reached the peak of 6.7 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of spices; mace, neither crushed nor ground contracted markedly to $19K in 2022. In general, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 513% against the previous year. As a result, the exports attained the peak of $73K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spices; Mace, Neither Crushed Nor Ground in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.9 | 52.7 | 23.5 | 17.8 | 37.1% |
| Netherlands | 1.5 | 1.5 | 1.2 | 1.1 | -9.8% |
| United Kingdom | 1.1 | 14.1 | 0.3 | 0.5 | -23.1% |
| Spain | 2.2 | 4.3 | N/A | N/A | 95.5% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 11.8 | 72.6 | 25.1 | 19.5 | 18.2% |
Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from Belgium in 2022:
- France (817.0 kg)
- Netherlands (52.0 kg)
- United Kingdom (10.0 kg)
582
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belgium.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
582
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belgium.
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,
