Price for Spices; Nutmeg, Crushed or Ground in Bulgaria - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Bulgaria (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Bulgaria (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Bulgaria
- Exports of Spices; Nutmeg, Crushed or Ground in Bulgaria
Price for Spices; Nutmeg, Crushed or Ground in Bulgaria (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $8,092 per ton, rising by 2.7% against the previous year. In general, the import price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 109% against the previous year. The import price peaked at $16,785 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the Netherlands ($20,857 per ton), while the price for Spain ($5,941 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Nutmeg, Crushed or Ground in Bulgaria (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $11,409 per ton, surging by 27% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The export price peaked at $41,793 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($16,410 per ton), while the average price for exports to Germany ($2,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+3.6%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Crushed or Ground in Bulgaria
In 2022, spices; nutmeg, crushed or ground imports into Bulgaria skyrocketed to 18 tons, rising by 73% on the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $149K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | 13.5 | 76.7 | 468.1% |
| Indonesia | N/A | 19.2 | 50.4 | 29.1 | 23.1% |
| Poland | 3.7 | 5.4 | N/A | 20.1 | 75.8% |
| Germany | 26.0 | 13.2 | 12.9 | 11.0 | -24.9% |
| Spain | 20.6 | 22.9 | N/A | 4.5 | -39.8% |
| Netherlands | N/A | 15.0 | N/A | 0.1 | -91.8% |
| Others | 3.7 | 1.3 | 7.2 | 7.2 | 24.8% |
| Total | 53.9 | 77.0 | 84.0 | 149 | 40.3% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Bulgaria in 2022:
- Netherlands (undefined tons)
- Latvia (10.3 tons)
- Poland (3.0 tons)
- Indonesia (3.0 tons)
- Germany (1.0 tons)
- Spain (0.8 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Bulgaria
In 2022, approx. 1.9 tons of spices; nutmeg, crushed or ground were exported from Bulgaria; picking up by 14% on the previous year. Overall, exports, however, recorded a abrupt setback.
In value terms, spices; nutmeg, crushed or ground exports skyrocketed to $22K in 2022. In general, exports, however, saw a pronounced reduction.
| Export of Spices; Nutmeg, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 3.6 | 1.8 | 3.9 | 12.7 | 52.2% |
| Serbia | 0.3 | N/A | N/A | 3.5 | 126.8% |
| North Macedonia | 4.5 | 5.9 | 3.8 | 3.4 | -8.9% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Cyprus | 11.2 | 3.4 | 5.9 | N/A | -27.4% |
| Italy | 1.5 | N/A | 1.4 | N/A | -3.4% |
| Romania | 2.0 | 2.3 | N/A | N/A | 15.0% |
| Others | 0.3 | 1.2 | N/A | 2.0 | 88.2% |
| Total | 23.3 | 14.6 | 14.9 | 21.7 | -2.3% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Bulgaria in 2022:
- Greece (1306.0 kg)
- Serbia (250.0 kg)
- North Macedonia (205.0 kg)
- Germany (30.0 kg)
- Italy (2.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bulgaria.
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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 Bulgaria.
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
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,
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,
