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

Contents:

  1. Price for Spices; Nutmeg, Neither Crushed Nor Ground in France (CIF) - 2022
  2. Price for Spices; Nutmeg, Neither Crushed Nor Ground in France (FOB) - 2022
  3. Imports of Spices; Nutmeg, Neither Crushed Nor Ground in France
  4. Exports of Spices; Nutmeg, Neither Crushed Nor Ground in France

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

The average import price for spices; nutmeg, neither crushed nor ground stood at $12,817 per ton in 2022, declining by -4.6% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 45%. Over the period under review, average import prices attained the maximum at $22,316 per ton in 2012; however, from 2013 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 Germany ($37,385 per ton), while the price for Italy ($10,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced a decline.

Price for Spices; Nutmeg, Neither Crushed Nor Ground in France (FOB) - 2022

In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $20,204 per ton, surging by 5.3% against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $37,778 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($38,634 per ton), while the average price for exports to Poland ($12,529 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 Spain (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of spices; nutmeg, neither crushed nor ground into France reduced to 74 tons in 2022, which is down by -10.1% compared with the previous year's figure. Over the period under review, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24%.

In value terms, imports of spices; nutmeg, neither crushed nor ground declined to $946K in 2022. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $1.1M, and then fell in the following year.

Import of Spices; Nutmeg, Neither Crushed Nor Ground in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy44.521712433696.2%
Indonesia709161432191-35.4%
Netherlands52.616920816747.0%
Belgium18.329.333.676.461.0%
Sri Lanka42.523.746.648.94.8%
Madagascar6.689.169.940.282.6%
Spain31.641.949.337.35.7%
Germany54.551.211428.1-19.8%
Vietnam78.60.4N/AN/A-99.5%
Others37.633.926.220.8-17.9%
Total1,0768161,104946-4.2%

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

  1. Italy (31.9 tons)
  2. Indonesia (14.3 tons)
  3. Netherlands (11.2 tons)
  4. Belgium (5.0 tons)
  5. Spain (3.1 tons)
  6. Madagascar (2.5 tons)
  7. Sri Lanka (2.3 tons)
  8. Germany (0.8 tons)

Exports of Spices; Nutmeg, Neither Crushed Nor Ground in France

In 2022, after two years of decline, there was significant growth in overseas shipments of spices; nutmeg, neither crushed nor ground, when their volume increased by 5.9% to 19 tons. Over the period under review, exports, however, saw a pronounced reduction.

In value terms, exports of spices; nutmeg, neither crushed nor ground stood at $386K in 2022. Overall, exports, however, showed a perceptible setback.

Export of Spices; Nutmeg, Neither Crushed Nor Ground in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland66.436.242.376.54.8%
Belgium77.610089.773.4-1.8%
Portugal85.260.774.959.6-11.2%
United Kingdom10210116.958.1-17.1%
Netherlands9.418.344.350.274.8%
Switzerland37.815.230.235.2-2.3%
CambodiaN/AN/AN/A5.30%
Others35.561.447.827.6-8.0%
Total414393346386-2.3%

Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from France in 2022:

  1. Poland (6.1 tons)
  2. Belgium (4.3 tons)
  3. United Kingdom (2.5 tons)
  4. Portugal (2.3 tons)
  5. Netherlands (1.3 tons)
  6. Switzerland (1.0 tons)
  7. Cambodia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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