Price for Spices; Mace, Neither Crushed Nor Ground in Germany - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Germany (CIF) - 2022
- Price for Spices; Mace, Neither Crushed Nor Ground in Germany (FOB) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Germany
- Exports of Spices; Mace, Neither Crushed Nor Ground in Germany
Price for Spices; Mace, Neither Crushed Nor Ground in Germany (CIF) - 2022
The average import price for spices; mace, neither crushed nor ground stood at $23,004 per ton in 2022, surging by 6.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 44% against the previous year. Over the period under review, average import prices attained the maximum at $23,406 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($28,173 per ton), while the price for Indonesia ($20,952 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Mace, Neither Crushed Nor Ground in Germany (FOB) - 2022
The average export price for spices; mace, neither crushed nor ground stood at $23,210 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 66% against the previous year. As a result, the export price reached the peak level of $29,882 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($41,489 per ton), while the average price for exports to Luxembourg ($7,737 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 Austria (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Mace, Neither Crushed Nor Ground in Germany
In 2022, purchases abroad of spices; mace, neither crushed nor ground increased by 68% to 136 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt slump.
In value terms, imports of spices; mace, neither crushed nor ground skyrocketed to $3.1M in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Mace, Neither Crushed Nor Ground in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2,367 | 1,231 | 780 | 1,561 | -13.0% |
| Sri Lanka | 297 | 482 | 448 | 951 | 47.4% |
| Netherlands | 0.3 | 227 | 455 | 569 | 1137.8% |
| Grenada | 113 | 20.0 | 38.8 | N/A | -41.4% |
| Others | 50.2 | 12.3 | 22.9 | 51.9 | 1.1% |
| Total | 2,827 | 1,972 | 1,744 | 3,133 | 3.5% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Germany in 2022:
- Indonesia (74.5 tons)
- Sri Lanka (33.8 tons)
- Netherlands (25.5 tons)
Exports of Spices; Mace, Neither Crushed Nor Ground in Germany
In 2022, approx. 14 tons of spices; mace, neither crushed nor ground were exported from Germany; increasing by 93% on 2021 figures. In general, exports, however, continue to indicate a deep setback.
In value terms, exports of spices; mace, neither crushed nor ground surged to $314K in 2022. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Mace, Neither Crushed Nor Ground in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 194 | 0% |
| Austria | 154 | 29.5 | 37.2 | 25.6 | -45.0% |
| Norway | 14.9 | 16.3 | 6.3 | 22.4 | 14.6% |
| United Kingdom | N/A | N/A | N/A | 16.1 | 0% |
| Netherlands | 85.7 | 43.7 | 12.2 | 13.5 | -46.0% |
| Switzerland | 33.4 | 47.7 | 70.4 | 4.4 | -49.1% |
| Luxembourg | N/A | N/A | N/A | 3.2 | 0% |
| Others | 19.4 | 22.4 | 36.8 | 34.6 | 21.3% |
| Total | 307 | 160 | 163 | 314 | 0.8% |
Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from Germany in 2022:
- Vietnam (9.8 tons)
- United Kingdom (0.6 tons)
- Austria (0.6 tons)
- Norway (0.6 tons)
- Luxembourg (0.4 tons)
- Netherlands (0.3 tons)
- Switzerland (0.3 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Germany.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
751
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Germany.
4018
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3788
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,
3788
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
8448
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.
3892
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,
