Price for Spices; Mixtures of 2 or More Products of the Same Heading in Argentina - 2023
Contents:
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (CIF) - 2022
- Price for Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (FOB) - 2022
- Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina
- Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (CIF) - 2022
The average import price for spices; mixtures of 2 or more products of the same heading stood at $2,926 per ton in 2022, with a decrease of -5.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 24%. As a result, import price attained the peak level of $3,611 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,001 per ton), while the price for Egypt ($1,974 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (FOB) - 2022
The average export price for spices; mixtures of 2 or more products of the same heading stood at $17,455 per ton in 2022, surging by 1,112% against the previous year. In general, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +28.1% per year.
Imports of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina
In 2022, after three years of growth, there was significant decline in overseas purchases of spices; mixtures of 2 or more products of the same heading, when their volume decreased by -35.3% to 229 tons. Overall, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 102% against the previous year.
In value terms, imports of spices; mixtures of 2 or more products of the same heading dropped sharply to $670K in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 61%.
| Import of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 254 | 302 | 296 | 230 | -3.3% |
| Egypt | 49.2 | 241 | 209 | 177 | 53.2% |
| India | 104 | 193 | 200 | 138 | 9.9% |
| Brazil | 43.9 | 77.5 | 250 | 55.7 | 8.3% |
| Peru | 58.9 | 27.2 | 73.5 | N/A | 11.7% |
| Others | 27.2 | 24.9 | 70.4 | 68.5 | 36.1% |
| Total | 538 | 866 | 1,099 | 670 | 7.6% |
Top Suppliers of Spices; Mixtures of 2 or More Products of the Same Heading to Argentina in 2022:
- Egypt (89.7 tons)
- India (67.9 tons)
- Turkey (58.4 tons)
- Brazil (5.0 tons)
Exports of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina
In 2022, overseas shipments of spices; mixtures of 2 or more products of the same heading decreased by -99.6% to 600 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, the exports attained the peak of 271 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; mixtures of 2 or more products of the same heading dropped sharply to $10K in 2022. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 82%. As a result, the exports reached the peak of $397K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Spices; Mixtures of 2 or More Products of the Same Heading in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 14.5 | 23.2 | 19.3 | 10.5 | -10.2% |
| Senegal | N/A | 6.9 | N/A | N/A | 0% |
| Saudi Arabia | N/A | 44.0 | N/A | N/A | 0% |
| Brazil | 151 | 214 | 158 | N/A | 2.3% |
| Others | 53.4 | 109 | 66.7 | N/A | 11.8% |
| Total | 218 | 397 | 244 | 10.5 | -63.6% |
Top Export Markets for Spices; Mixtures of 2 or More Products of the Same Heading from Argentina in 2022:
- Chile (600.0 kg)
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