Price for Spices; Nutmeg, Crushed or Ground in Romania - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Romania (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Romania (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Romania
- Exports of Spices; Nutmeg, Crushed or Ground in Romania
Price for Spices; Nutmeg, Crushed or Ground in Romania (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $11,430 per ton, dropping by -3.5% against the previous year. Over the period under review, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 29%. The import price peaked at $24,788 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Poland ($17,108 per ton), while the price for Latvia ($8,640 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Nutmeg, Crushed or Ground in Romania (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $16,735 per ton in 2022, picking up by 7% against the previous year. Over the period under review, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum at $21,065 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($24,664 per ton), while the average price for exports to Greece ($9,547 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 France (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Nutmeg, Crushed or Ground in Romania
In 2022, the amount of spices; nutmeg, crushed or ground imported into Romania stood at 32 tons, therefore, remained relatively stable against 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 38%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, spices; nutmeg, crushed or ground imports fell slightly to $368K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year.
| Import of Spices; Nutmeg, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 25.9 | N/A | 151 | 141.5% |
| Germany | 91.9 | 92.3 | 246 | 97.7 | 2.1% |
| Poland | 3.5 | 33.9 | 32.7 | 41.8 | 128.6% |
| Latvia | 25.2 | 30.8 | 39.1 | 41.1 | 17.7% |
| Austria | 25.4 | 25.5 | 22.5 | 12.7 | -20.6% |
| Netherlands | 15.2 | 42.4 | 13.5 | 10.3 | -12.2% |
| Czech Republic | 13.0 | 11.0 | 16.3 | 3.4 | -36.0% |
| Sri Lanka | 23.8 | N/A | N/A | N/A | 0% |
| Others | 20.3 | 28.9 | 11.0 | 9.9 | -21.3% |
| Total | 218 | 291 | 381 | 368 | 19.1% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Romania in 2022:
- Indonesia (15.0 tons)
- Germany (6.9 tons)
- Latvia (4.8 tons)
- Poland (2.4 tons)
- Netherlands (1.0 tons)
- Austria (0.8 tons)
- Czech Republic (0.4 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Romania
After three years of growth, overseas shipments of spices; nutmeg, crushed or ground decreased by -57.6% to 6.9 tons in 2022. Over the period under review, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 171%. As a result, the exports attained the peak of 16 tons, and then reduced dramatically in the following year.
In value terms, spices; nutmeg, crushed or ground exports declined sharply to $116K in 2022. In general, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 143% against the previous year. As a result, the exports attained the peak of $256K, and then contracted rapidly in the following year.
| Export of Spices; Nutmeg, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 32.2 | 11.5 | 65.1 | 46.1 | 12.7% |
| Poland | 4.6 | N/A | 21.1 | 28.1 | 82.8% |
| Greece | 0.3 | 8.0 | 14.7 | 15.5 | 272.5% |
| Hungary | 5.1 | 13.0 | 12.8 | 10.3 | 26.4% |
| Croatia | 0.2 | 1.1 | 3.5 | 5.7 | 205.5% |
| Moldova | 3.4 | 4.8 | 5.0 | 5.6 | 18.1% |
| Netherlands | N/A | N/A | N/A | 1.5 | 0% |
| France | 31.3 | 40.1 | 81.8 | 0.4 | -76.6% |
| Germany | 17.3 | 26.5 | 48.2 | 0.3 | -74.1% |
| Others | 3.2 | 0.5 | 3.8 | 2.4 | -9.1% |
| Total | 97.7 | 105 | 256 | 116 | 5.9% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Romania in 2022:
- Italy (1870.0 kg)
- Poland (1813.0 kg)
- Greece (1628.0 kg)
- Hungary (653.0 kg)
- Croatia (414.0 kg)
- Moldova (245.0 kg)
- Netherlands (113.0 kg)
- France (32.0 kg)
- Germany (23.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Romania.
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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 Romania.
3990
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
8419
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,
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
8419
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,
