Price for Spices; Nutmeg, Crushed or Ground in Estonia - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Estonia (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Estonia (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Estonia
- Exports of Spices; Nutmeg, Crushed or Ground in Estonia
Price for Spices; Nutmeg, Crushed or Ground in Estonia (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $10,812 per ton, jumping by 22% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The import price peaked at $24,160 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,188 per ton), while the price for Grenada ($6,610 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in Estonia (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $10,331 per ton, shrinking by -41.1% against the previous year. Overall, the export price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 5.9%. Over the period under review, the average export prices attained the maximum at $40,509 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($19,489 per ton), while the average price for exports to Denmark ($8,890 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 Russia (+3.2%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Crushed or Ground in Estonia
In 2022, spices; nutmeg, crushed or ground imports into Estonia surged to 29 tons, jumping by 24% compared with 2021 figures. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 75%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $318K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Crushed or Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 93.0 | 110 | 197 | 305 | 48.6% |
| India | 3.9 | 5.6 | N/A | 9.6 | 35.0% |
| Others | 5.4 | 8.5 | 11.6 | 3.6 | -12.6% |
| Total | 102 | 124 | 209 | 318 | 46.1% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Estonia in 2022:
- Indonesia (28.4 tons)
- India (0.7 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Estonia
In 2022, exports of spices; nutmeg, crushed or ground from Estonia surged to 24 tons, growing by 813% against the year before. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground exports surged to $247K in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Nutmeg, Crushed or Ground in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 178 | 0% |
| Belgium | N/A | N/A | N/A | 34.2 | 0% |
| Norway | N/A | 9.0 | 8.5 | 17.4 | 39.0% |
| Sweden | 31.1 | 42.4 | 31.6 | 6.1 | -41.9% |
| Russia | 8.1 | 0.1 | 0.2 | N/A | -84.3% |
| Others | 5.6 | 5.2 | 5.7 | 11.8 | 28.2% |
| Total | 44.8 | 56.7 | 46.0 | 247 | 76.7% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Estonia in 2022:
- Denmark (20.0 tons)
- Belgium (1.8 tons)
- Norway (1.4 tons)
- Sweden (0.4 tons)
127
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
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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 Estonia.
3986
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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
8415
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.
3858
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,
3771
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
8415
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.
3858
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,
