Price for Spices; Mace, Neither Crushed Nor Ground in Kuwait - 2022

Contents:

  1. Price for Spices; Mace, Neither Crushed Nor Ground in Kuwait (CIF) - 2022
  2. Imports of Spices; Mace, Neither Crushed Nor Ground in Kuwait

Price for Spices; Mace, Neither Crushed Nor Ground in Kuwait (CIF) - 2022

In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $32,229 per ton, increasing by 46% against the previous year. Over the period under review, the import price recorded a moderate increase. The growth pace was the most rapid in 2021 an increase of 86% against the previous year. The import price peaked at $33,236 per ton in 2017; however, from 2018 to 2022, 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 +4.2% per year.

Imports of Spices; Mace, Neither Crushed Nor Ground in Kuwait

In 2022, imports of spices; mace, neither crushed nor ground into Kuwait surged to 170 kg, increasing by 673% compared with the previous year's figure. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of spices; mace, neither crushed nor ground surged to $5.5K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Spices; Mace, Neither Crushed Nor Ground in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.91.20.55.582.8%
OthersN/AN/AN/AN/A0%
Total0.91.20.55.582.8%

Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Kuwait in 2022:

  1. India (170.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; mace, neither crushed nor ground - Kuwait