Price for Spices; Nutmeg, Neither Crushed Nor Ground in Israel - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Israel (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Israel (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Israel
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Israel
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Israel (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $10,175 per ton in 2022, surging by 16% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 33%. The import price peaked at $10,547 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($10,176 per ton) and India ($10,175 per ton), while the price for Grenada ($10,175 per ton) and Indonesia ($10,175 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Grenada (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Israel (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $8,048 per ton in 2022, with a decrease of -21.2% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 41% against the previous year. As a result, the export price reached the peak level of $24,366 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Palestine.
From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to -2.2% per year.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Israel
In 2022, after three years of growth, there was significant decline in purchases abroad of spices; nutmeg, neither crushed nor ground, when their volume decreased by -16% to 49 tons. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 118%.
In value terms, imports of spices; nutmeg, neither crushed nor ground declined to $494K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 124%.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 80.0 | 271 | 166 | 264 | 48.9% |
| Grenada | N/A | N/A | 46.3 | 155 | 234.8% |
| Indonesia | 31.4 | 49.5 | 44.7 | 64.0 | 26.8% |
| Vietnam | N/A | N/A | N/A | 11.0 | 0% |
| Palestine | 70.3 | 76.3 | 126 | N/A | 33.9% |
| Sri Lanka | 20.3 | 46.1 | 57.0 | N/A | 67.6% |
| Others | N/A | 8.7 | 66.1 | N/A | 659.8% |
| Total | 202 | 452 | 506 | 494 | 34.7% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Israel in 2022:
- India (25.9 tons)
- Grenada (15.2 tons)
- Indonesia (6.3 tons)
- Vietnam (1.1 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Israel
In 2022, overseas shipments of spices; nutmeg, neither crushed nor ground were finally on the rise to reach 228 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a precipitous decline.
In value terms, exports of spices; nutmeg, neither crushed nor ground skyrocketed to $1.8K in 2022. Over the period under review, exports, however, recorded a dramatic shrinkage.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 14.6 | 2.7 | 0.9 | 1.8 | -50.2% |
| Others | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Total | 15.5 | 2.7 | 1.0 | 1.8 | -51.2% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Israel in 2022:
- Palestine (223.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Israel.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
503
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Israel.
3986
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3771
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
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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,
3771
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
8415
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.
3859
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,
