Price for Spices; Mace, Neither Crushed Nor Ground in Norway - 2024
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Norway (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Norway
Price for Spices; Mace, Neither Crushed Nor Ground in Norway (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $42,063 per ton, which is down by -9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 60%. Over the period under review, average import prices reached the maximum at $57,750 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Grenada ($59,861 per ton), while the price for Sri Lanka ($19,444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Mace, Neither Crushed Nor Ground in Norway
In 2022, supplies from abroad of spices; mace, neither crushed nor ground was finally on the rise to reach 679 kg after two years of decline. In general, imports saw a remarkable increase. As a result, imports reached 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 $29K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 13.7 | 16.6 | 7.2 | 22.7 | 18.3% |
| Grenada | 4.6 | 3.0 | 5.3 | 4.7 | 0.7% |
| India | N/A | 0.7 | 0.4 | 0.7 | 0.0% |
| Sri Lanka | 1.0 | N/A | 0.4 | 0.2 | -41.5% |
| China | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.9 | 0.2 | -77.8% |
| Total | 19.3 | 20.5 | 14.2 | 28.6 | 14.0% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Norway in 2022:
- Indonesia (568.0 kg)
- Grenada (79.0 kg)
- India (19.0 kg)
- Sri Lanka (9.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Norway.
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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 Norway.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
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,
3773
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
8418
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.
3860
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,
