Price for Spices; Nutmeg, Crushed or Ground in China - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in China (CIF) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in China
Price for Spices; Nutmeg, Crushed or Ground in China (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $12,304 per ton, increasing by 64% against the previous year. In general, the import price, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 203%. The import price peaked at $33,579 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2013 to 2022, the rate of growth in terms of prices for Indonesia amounted to +19.6% per year.
Imports of Spices; Nutmeg, Crushed or Ground in China
In 2022, approx. 31 tons of spices; nutmeg, crushed or ground were imported into China; increasing by 88% on the year before. In general, imports, however, recorded a relatively flat trend pattern.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $382K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 338% against the previous year. As a result, imports reached the peak of $641K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Nutmeg, Crushed or Ground in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.4 | 0.3 | 3.3 | 187.2% |
| Indonesia | 146 | 195 | 44.2 | N/A | -45.0% |
| Sri Lanka | N/A | 445 | 35.1 | N/A | -92.1% |
| Others | N/A | 0.5 | 44.5 | 379 | 2653.2% |
| Total | 146 | 641 | 124 | 382 | 37.8% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to China in 2022:
- Netherlands (0.2 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in China.
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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 China.
3948
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3749
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
8386
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,
3749
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
8386
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.
3834
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,
