Price for Spices; Mace, Neither Crushed Nor Ground in Kenya - 2022
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Kenya (CIF) - 2022
- Price for Spices; Mace, Neither Crushed Nor Ground in Kenya (FOB) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Kenya
- Exports of Spices; Mace, Neither Crushed Nor Ground in Kenya
Price for Spices; Mace, Neither Crushed Nor Ground in Kenya (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $8,120 per ton, reducing by -51.2% against the previous year. Overall, the import price, however, showed modest growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 203% against the previous year. As a result, import price attained the peak level of $25,200 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 +1.0% per year.
Price for Spices; Mace, Neither Crushed Nor Ground in Kenya (FOB) - 2022
In 2021, the average export price for spices; mace, neither crushed nor ground amounted to $18,000 per ton, declining by -35.7% against the previous year. In general, the export price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2016 an increase of 99%. The export price peaked at $39,000 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2015 to 2021, the rate of growth in terms of prices for Uganda amounted to -9.1% per year.
Imports of Spices; Mace, Neither Crushed Nor Ground in Kenya
Imports of spices; mace, neither crushed nor ground into Kenya skyrocketed to 133 kg in 2022, rising by 68% on the year before. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 690% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of spices; mace, neither crushed nor ground reduced markedly to $1.1K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 422%. As a result, imports reached the peak of $1.3K, and then plummeted in the following year.
| Import of Spices; Mace, Neither Crushed Nor Ground in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 16.0 | 252 | 1,315 | 1,080 | 307.2% |
| United States | 242 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 258 | 252 | 1,315 | 1,080 | 61.2% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Kenya in 2022:
- India (133.0 kg)
Exports of Spices; Mace, Neither Crushed Nor Ground in Kenya
In 2021, exports of spices; mace, neither crushed nor ground from Kenya soared to 2 kg, jumping by 100% against 2020. In general, exports, however, continue to indicate a deep setback.
In value terms, exports of spices; mace, neither crushed nor ground skyrocketed to $36 in 2021. Overall, exports, however, saw a significant curtailment.
| Export of Spices; Mace, Neither Crushed Nor Ground in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Uganda | N/A | N/A | 36.0 | 0% | |
| Ethiopia | 113 | N/A | N/A | 0% | |
| Others | 4.0 | 28.0 | N/A | 600.0% | |
| Total | 117 | 28.0 | 36.0 | -44.5% | |
Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from Kenya in 2022:
- Uganda (2.0 kg)
591
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kenya.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
591
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kenya.
3986
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,
