Price for Spices; Nutmeg, Crushed or Ground in Ireland - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Ireland (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Ireland (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Ireland
- Exports of Spices; Nutmeg, Crushed or Ground in Ireland
Price for Spices; Nutmeg, Crushed or Ground in Ireland (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $17,010 per ton in 2022, standing approx. at the previous year. Overall, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $30,888 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 ($23,167 per ton), while the price for Belgium ($10,424 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Nutmeg, Crushed or Ground in Ireland (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $15,478 per ton in 2022, increasing by 13% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The export price peaked at $29,564 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2015 to 2022, the rate of growth in terms of prices for Germany amounted to +45.1% per year.
Imports of Spices; Nutmeg, Crushed or Ground in Ireland
For the third year in a row, Ireland recorded decline in purchases abroad of spices; nutmeg, crushed or ground, which decreased by 0% to 14 tons in 2022. In general, imports saw a abrupt downturn. The smallest decline of -16.7% was in 2020.
In value terms, spices; nutmeg, crushed or ground imports amounted to $230K in 2022. Overall, imports saw a relatively flat trend pattern. The smallest decline of -8.1% was in 2020. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Spices; Nutmeg, Crushed or Ground in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 20.0 | 12.5 | N/A | 107 | 74.9% |
| Indonesia | 78.6 | 81.8 | N/A | 72.6 | -2.6% |
| United Kingdom | 64.2 | 51.9 | N/A | 22.4 | -29.6% |
| Belgium | N/A | N/A | N/A | 11.9 | 0% |
| Turkey | N/A | N/A | N/A | 8.2 | 0% |
| France | 1.1 | 0.3 | N/A | 3.4 | 45.7% |
| Netherlands | 59.1 | 57.0 | N/A | 0.1 | -88.1% |
| Others | 2.5 | 3.6 | N/A | 3.9 | 16.0% |
| Total | 226 | 207 | N/A | 230 | 0.6% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Ireland in 2022:
- Netherlands (undefined tons)
- Vietnam (5.9 tons)
- Indonesia (4.3 tons)
- United Kingdom (1.2 tons)
- Belgium (1.1 tons)
- Turkey (0.5 tons)
- France (0.2 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Ireland
Spices; nutmeg, crushed or ground exports from Ireland soared to 584 kg in 2022, rising by 62% against the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground exports skyrocketed to $9K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Nutmeg, Crushed or Ground in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.5 | 2.8 | 2.7 | 9.0 | 53.3% |
| France | 0.1 | 0.8 | 1.7 | N/A | 312.3% |
| Others | N/A | N/A | 0.6 | N/A | 0% |
| Total | 2.6 | 3.7 | 4.9 | 9.0 | 51.3% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Ireland in 2022:
- United Kingdom (584.0 kg)
607
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ireland.
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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 Ireland.
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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
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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,
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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,
