Price for Spices; Nutmeg, Neither Crushed Nor Ground in Finland - 2023

Contents:

  1. Price for Spices; Nutmeg, Neither Crushed Nor Ground in Finland (CIF) - 2022
  2. Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Finland

Price for Spices; Nutmeg, Neither Crushed Nor Ground in Finland (CIF) - 2022

The average import price for spices; nutmeg, neither crushed nor ground stood at $15,874 per ton in 2022, with a decrease of -32.6% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2021 an increase of 91%. Over the period under review, average import prices attained the peak figure at $38,424 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 India ($38,435 per ton), while the price for Spain ($7,154 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 (+37.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Finland

Imports of spices; nutmeg, neither crushed nor ground into Finland soared to 786 kg in 2022, rising by 330% compared with 2021. Overall, imports enjoyed perceptible growth.

In value terms, imports of spices; nutmeg, neither crushed nor ground surged to $12K in 2022. In general, imports posted significant growth.

Import of Spices; Nutmeg, Neither Crushed Nor Ground in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/A10.10.37.8-12.1%
IndiaN/A0.60.71.873.2%
Sri Lanka4.4N/AN/A1.5-30.1%
Germany1.2N/AN/A0.7-16.4%
ParaguayN/A0.50.40.4-10.6%
SpainN/AN/AN/A0.10%
GuatemalaN/A2.51.8N/A-28.0%
Others1.11.41.10.2-43.3%
Total6.815.24.312.522.5%

Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Finland in 2022:

  1. Indonesia (575.0 kg)
  2. Sri Lanka (75.0 kg)
  3. India (46.0 kg)
  4. Germany (44.0 kg)
  5. Paraguay (25.0 kg)
  6. Spain (13.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; nutmeg, neither crushed nor ground - Finland