Price for Spices; Mace, Neither Crushed Nor Ground in Estonia - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Estonia (FOB) - 2022
- Price for Spices; Mace, Neither Crushed Nor Ground in Estonia (CIF) - 2022
- Exports of Spices; Mace, Neither Crushed Nor Ground in Estonia
- Imports of Spices; Mace, Neither Crushed Nor Ground in Estonia
Price for Spices; Mace, Neither Crushed Nor Ground in Estonia (FOB) - 2022
In 2022, the average export price for spices; mace, neither crushed nor ground amounted to $22,530 per ton, jumping by 15% against the previous year. Overall, the export price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2014 an increase of 32%. As a result, the export price attained the peak level of $31,169 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +15.9% per year.
Price for Spices; Mace, Neither Crushed Nor Ground in Estonia (CIF) - 2022
In 2021, the average import price for spices; mace, neither crushed nor ground amounted to $18,848 per ton, approximately reflecting the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 9.1%. The import price peaked at $43,212 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($29,940 per ton), while the price for Poland totaled $11,453 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-10.5%).
Exports of Spices; Mace, Neither Crushed Nor Ground in Estonia
In 2022, approx. 4 tons of spices; mace, neither crushed nor ground were exported from Estonia; growing by 33% on 2021. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,244% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of spices; mace, neither crushed nor ground skyrocketed to $90K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 2,775% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Spices; Mace, Neither Crushed Nor Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | 48.6 | 90.1 | 85.4% |
| Netherlands | N/A | N/A | 9.9 | N/A | 0% |
| Sweden | 7.6 | 2.0 | N/A | N/A | -73.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 7.6 | 2.0 | 58.5 | 90.1 | 128.0% |
Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from Estonia in 2022:
- Denmark (4.0 tons)
Imports of Spices; Mace, Neither Crushed Nor Ground in Estonia
In 2021, the amount of spices; mace, neither crushed nor ground imported into Estonia stood at 125 kg, remaining relatively unchanged against the previous year's figure. Overall, imports faced a dramatic descent. The smallest decline of 99.9% was in 2020.
In value terms, imports of spices; mace, neither crushed nor ground totaled $2.4K in 2021. In general, imports recorded a precipitous slump. The smallest decline of 99.9% was in 2020.
| Import of Spices; Mace, Neither Crushed Nor Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | N/A | N/A | 1.5 | 0% | |
| Poland | N/A | N/A | 0.9 | 0% | |
| Sweden | 3.5 | N/A | N/A | 0% | |
| Others | 0.4 | N/A | N/A | 0% | |
| Total | 3.9 | N/A | 2.4 | -21.6% | |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Estonia in 2022:
- Poland (75.0 kg)
- Netherlands (50.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
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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
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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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