Price for Spices; Nutmeg, Crushed or Ground in the Czech Republic - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in the Czech Republic (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in the Czech Republic (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in the Czech Republic
- Exports of Spices; Nutmeg, Crushed or Ground in the Czech Republic
Price for Spices; Nutmeg, Crushed or Ground in the Czech Republic (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $12,919 per ton in 2022, shrinking by -25.4% against the previous year. Overall, the import price recorded a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 48% against the previous year. Over the period under review, average import prices reached the peak figure at $25,245 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 ($22,588 per ton), while the price for Poland ($9,485 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in the Czech Republic (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $10,198 per ton in 2022, surging by 16% against the previous year. In general, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 74%. As a result, the export price reached the peak level of $27,355 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($22,248 per ton), while the average price for exports to Hungary ($6,219 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 Slovakia (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Crushed or Ground in the Czech Republic
Spices; nutmeg, crushed or ground imports into the Czech Republic skyrocketed to 27 tons in 2022, increasing by 64% against 2021. Over the period under review, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $353K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +54.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Nutmeg, Crushed or Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 156 | 94.4 | 125 | 223 | 12.6% |
| Netherlands | N/A | 80.5 | 88.4 | 45.3 | -25.0% |
| Germany | 8.3 | 30.9 | 21.6 | 44.8 | 75.4% |
| Austria | 2.3 | 2.9 | 17.0 | 13.2 | 79.0% |
| Poland | 23.7 | 8.3 | 13.2 | 12.3 | -19.6% |
| Grenada | 1.2 | 0.1 | 7.5 | 7.2 | 81.7% |
| Madagascar | 15.3 | N/A | N/A | N/A | 0% |
| Others | 33.9 | 12.1 | 15.3 | 7.6 | -39.3% |
| Total | 240 | 229 | 288 | 353 | 13.7% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to the Czech Republic in 2022:
- Indonesia (18.4 tons)
- Germany (3.2 tons)
- Netherlands (2.0 tons)
- Austria (1.4 tons)
- Poland (1.3 tons)
- Grenada (0.6 tons)
Exports of Spices; Nutmeg, Crushed or Ground in the Czech Republic
In 2022, approx. 8.6 tons of spices; nutmeg, crushed or ground were exported from the Czech Republic; shrinking by -1.8% against 2021 figures. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 203%. As a result, the exports attained the peak of 8.7 tons, and then contracted modestly in the following year.
In value terms, spices; nutmeg, crushed or ground exports expanded sharply to $88K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Spices; Nutmeg, Crushed or Ground in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 23.8 | 18.5 | 21.2 | 44.2 | 22.9% |
| Hungary | 1.9 | 5.8 | 39.6 | 36.2 | 167.1% |
| Slovakia | 10.9 | 4.7 | 4.2 | 3.7 | -30.2% |
| Latvia | 1.1 | 2.0 | 1.6 | 0.1 | -55.0% |
| Denmark | 4.6 | 5.6 | 3.0 | N/A | -19.2% |
| Others | 1.6 | 4.1 | 7.5 | 3.3 | 27.3% |
| Total | 43.8 | 40.6 | 77.1 | 87.5 | 25.9% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from the Czech Republic in 2022:
- Latvia (undefined tons)
- Hungary (5.8 tons)
- Norway (2.5 tons)
- Slovakia (0.2 tons)
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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 the Czech Republic.
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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
8450
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,
