Price for Spices; Nutmeg, Crushed or Ground in Myanmar - 2022
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Myanmar (CIF) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Myanmar
Price for Spices; Nutmeg, Crushed or Ground in Myanmar (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $4,443 per ton in 2022, falling by -30.9% against the previous year. In general, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the peak figure at $20,986 per ton in 2013; however, from 2014 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 India ($6,654 per ton), while the price for Indonesia ($3,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Nutmeg, Crushed or Ground in Myanmar
In 2022, supplies from abroad of spices; nutmeg, crushed or ground was finally on the rise to reach 27 tons after two years of decline. Overall, imports, however, continue to indicate a perceptible shrinkage.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $118K in 2022. In general, imports, however, saw a abrupt decrease.
| Import of Spices; Nutmeg, Crushed or Ground in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 90.2 | 74.2 | 71.8 | 66.5 | -9.7% |
| Sri Lanka | 28.0 | N/A | 2.5 | 35.7 | 8.4% |
| Indonesia | 28.1 | N/A | N/A | 15.5 | -18.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 146 | 74.2 | 74.3 | 118 | -6.9% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Myanmar in 2022:
- Sri Lanka (11.5 tons)
- India (10.0 tons)
- Indonesia (5.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Myanmar.
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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 Myanmar.
3989
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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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,
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,
