Price for Spices; Mace, Neither Crushed Nor Ground in the Czech Republic - 2023

Contents:

  1. Price for Spices; Mace, Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
  2. Price for Spices; Mace, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2022
  3. Imports of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic
  4. Exports of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic

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

In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $25,983 per ton, declining by -3.7% against the previous year. Overall, the import price saw a slight decrease. The growth pace was the most rapid in 2020 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure at $31,460 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($26,467 per ton), while the price for Poland ($3,220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Spices; Mace, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2022

In 2022, the average export price for spices; mace, neither crushed nor ground amounted to $34,876 per ton, dropping by -41.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 29%. Over the period under review, the average export prices reached the peak figure at $84,538 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($53,333 per ton), while the average price for exports to Hungary totaled $34,679 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+8.8%).

Imports of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic

In 2022, purchases abroad of spices; mace, neither crushed nor ground decreased by -47.9% to 4.5 tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, imports reached the peak of 9.5 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of spices; mace, neither crushed nor ground dropped markedly to $117K in 2022. Over the period under review, imports recorded a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 97%. As a result, imports attained the peak of $255K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A252233107-34.8%
ItalyN/AN/AN/A9.20%
PolandN/AN/A0.90.3-66.7%
Indonesia124N/AN/AN/A0%
Others5.43.00.30.7-49.4%
Total130255234117-3.5%

Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to the Czech Republic in 2022:

  1. Netherlands (4.0 tons)
  2. Italy (0.4 tons)
  3. Poland (0.1 tons)

Exports of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic

In 2022, the amount of spices; mace, neither crushed nor ground exported from the Czech Republic surged to 283 kg, rising by 64% compared with 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 233% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of spices; mace, neither crushed nor ground fell to $9.9K in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, the exports attained the peak of $10K, and then contracted modestly in the following year.

Export of Spices; Mace, Neither Crushed Nor Ground in the Czech Republic (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Hungary4.410.29.748.5%
OthersN/A0.10.2100.0%
Total4.410.39.950.0%

Top Export Markets for Spices; Mace, Neither Crushed Nor Ground from the Czech Republic in 2022:

  1. Hungary (280.0 kg)

Source: IndexBox Market Intelligence Platform

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