Price for Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $1,683 per ton, falling by -9.9% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. The import price peaked at $5,802 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Brazil ($10,154 per ton), while the price for Sri Lanka ($1,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia
In 2022, overseas purchases of spices; nutmeg, neither crushed nor ground decreased by -19.8% to 2.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of 3.5 tons, and then fell dramatically in the following year.
In value terms, imports of spices; nutmeg, neither crushed nor ground reduced markedly to $4.7K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.0% 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 +25.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $6.5K, and then dropped sharply in the following year.
Import of Spices; Nutmeg, Neither Crushed Nor Ground in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 3.5 | 1.8 | 6.0 | 4.5 | 8.7% |
Indonesia | N/A | 1.6 | N/A | N/A | 0% |
Others | 0.2 | 0.5 | 0.5 | 0.2 | 0.0% |
Total | 3.7 | 3.9 | 6.5 | 4.7 | 8.3% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Bolivia in 2022:
- Sri Lanka (2.8 tons)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bolivia.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bolivia.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
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.
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,
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
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.
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,