Price for Spices; Nutmeg, Neither Crushed Nor Ground in Norway - 2024
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Norway (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Norway
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Norway (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $27,968 per ton in 2022, picking up by 35% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $34,240 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Grenada ($32,072 per ton), while the price for India ($21,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Norway
In 2022, imports of spices; nutmeg, neither crushed nor ground into Norway reduced remarkably to 2.9 tons, with a decrease of -66% compared with the previous year's figure. Overall, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 115%. As a result, imports reached the peak of 8.4 tons, and then shrank markedly in the following year.
In value terms, imports of spices; nutmeg, neither crushed nor ground contracted rapidly to $80K in 2022. In general, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of $173K, and then shrank dramatically in the following year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Grenada | 40.9 | 15.6 | 50.0 | 48.2 | 5.6% |
| Indonesia | 6.7 | 6.7 | 9.0 | 17.3 | 37.2% |
| India | 17.7 | 9.1 | 14.1 | 12.5 | -10.9% |
| Germany | 6.2 | 4.0 | 5.0 | N/A | -10.2% |
| Sweden | 13.8 | 13.2 | 20.1 | N/A | 20.7% |
| Czech Republic | 18.9 | 16.9 | 22.4 | N/A | 8.9% |
| Others | 41.4 | 34.7 | 52.7 | 1.7 | -65.5% |
| Total | 146 | 100 | 173 | 79.7 | -18.3% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Norway in 2022:
- Grenada (1502.0 kg)
- Indonesia (700.0 kg)
- India (588.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Norway.
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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 Norway.
3975
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3770
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
8409
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.
3853
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,
3770
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
8409
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.
3853
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,
