Price for Spices; Nutmeg, Crushed or Ground in Qatar - 2023

Contents:

  1. Price for Spices; Nutmeg, Crushed or Ground in Qatar (CIF) - 2022
  2. Imports of Spices; Nutmeg, Crushed or Ground in Qatar

Price for Spices; Nutmeg, Crushed or Ground in Qatar (CIF) - 2022

In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $5,482 per ton, reducing by -42.2% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 151%. The import price peaked at $30,274 per ton in 2019; however, from 2020 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 India.

From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +147.1% per year.

Imports of Spices; Nutmeg, Crushed or Ground in Qatar

In 2022, imports of spices; nutmeg, crushed or ground into Qatar soared to 7.8 tons, picking up by 60% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 705% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, spices; nutmeg, crushed or ground imports shrank to $43K in 2022. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of $73K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Spices; Nutmeg, Crushed or Ground in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A27.318.042.624.9%
Colombia32.1N/AN/AN/A0%
ChinaN/A2.3N/AN/A0%
United KingdomN/A7.52.2N/A-70.7%
OmanN/A24.814.0N/A-43.5%
SudanN/A2.1N/AN/A0%
Others16.58.711.7N/A-15.8%
Total48.772.745.942.6-4.4%

Top Suppliers of Spices; Nutmeg, Crushed or Ground to Qatar in 2022:

  1. India (7.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; nutmeg, crushed or ground - Qatar