Price for Spices; Nutmeg, Crushed or Ground in Luxembourg - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Luxembourg (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Luxembourg (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Luxembourg
- Exports of Spices; Nutmeg, Crushed or Ground in Luxembourg
Price for Spices; Nutmeg, Crushed or Ground in Luxembourg (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $19,541 per ton, declining by -12.1% against the previous year. Overall, the import price faced a abrupt slump. The growth pace was the most rapid in 2013 an increase of 36%. As a result, import price attained the peak level of $80,931 per ton. From 2014 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 France ($58,538 per ton), while the price for Belgium ($15,439 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Nutmeg, Crushed or Ground in Luxembourg (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $34,750 per ton, with an increase of 18% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 40%. The export price peaked at $43,250 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($42,545 per ton), while the average price for exports to France ($22,143 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 Belgium (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Nutmeg, Crushed or Ground in Luxembourg
In 2022, purchases abroad of spices; nutmeg, crushed or ground decreased by -8.3% to 2.2 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.3% against the previous year. As a result, imports reached the peak of 2.4 tons, and then contracted in the following year.
In value terms, spices; nutmeg, crushed or ground imports declined sharply to $42K in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of $52K, and then contracted sharply in the following year.
| Import of Spices; Nutmeg, Crushed or Ground in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 12.9 | 16.2 | 18.1 | 19.4 | 14.6% |
| Germany | 12.8 | 11.5 | 15.7 | 9.1 | -10.7% |
| France | 4.6 | 7.2 | 7.3 | 5.3 | 4.8% |
| Netherlands | 7.4 | 6.5 | 5.5 | 4.5 | -15.3% |
| Indonesia | 2.4 | 1.1 | 1.6 | 2.6 | 2.7% |
| Others | 1.1 | 3.0 | 4.1 | 1.2 | 2.9% |
| Total | 41.2 | 45.6 | 52.3 | 42.2 | 0.8% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Luxembourg in 2022:
- Belgium (1255.0 kg)
- Germany (528.0 kg)
- Netherlands (173.0 kg)
- France (91.0 kg)
- Indonesia (50.0 kg)
Exports of Spices; Nutmeg, Crushed or Ground in Luxembourg
In 2022, the amount of spices; nutmeg, crushed or ground exported from Luxembourg surged to 20 kg, with an increase of 82% compared with 2021 figures. Over the period under review, exports, however, showed a abrupt setback.
In value terms, spices; nutmeg, crushed or ground exports soared to $695 in 2022. Overall, exports, however, showed a abrupt setback.
| Export of Spices; Nutmeg, Crushed or Ground in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 750 | 666 | 235 | 468 | -14.5% |
| France | 164 | 45.0 | 23.0 | 155 | -1.9% |
| Germany | 48.0 | 22.0 | 23.0 | 72.0 | 14.5% |
| Azerbaijan | N/A | N/A | 44.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 962 | 733 | 325 | 695 | -10.3% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Luxembourg in 2022:
- Belgium (11.0 kg)
- France (7.0 kg)
- Germany (2.0 kg)
357
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Luxembourg.
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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 Luxembourg.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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
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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,
