Price for Spices; Nutmeg, Neither Crushed Nor Ground in Russia - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Russia (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Russia (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Russia
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Russia
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Russia (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $4,869 per ton in 2022, with a decrease of -13.7% against the previous year. In general, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2021 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum at $11,170 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to +0.5% per year.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Russia (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $8,561 per ton, with a decrease of -42.4% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by 137% against the previous year. The export price peaked at $29,320 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($20,917 per ton), while the average price for exports to Belarus ($7,900 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 Kazakhstan (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Russia
In 2022, imports of spices; nutmeg, neither crushed nor ground into Russia expanded remarkably to 92 tons, with an increase of 13% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a mild decline.
In value terms, imports of spices; nutmeg, neither crushed nor ground contracted to $446K in 2022. In general, imports, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.4% against the previous year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 263 | 383 | 400 | 446 | 19.3% |
| India | 102 | 37.5 | 40.7 | N/A | -36.8% |
| United Arab Emirates | 110 | N/A | N/A | N/A | 0% |
| Others | 14.7 | 15.3 | 15.3 | N/A | 2.0% |
| Total | 490 | 436 | 455 | 446 | -3.1% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Russia in 2022:
- Indonesia (91.6 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Russia
In 2022, the amount of spices; nutmeg, neither crushed nor ground exported from Russia skyrocketed to 1 tons, rising by 114% against the year before. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; nutmeg, neither crushed nor ground skyrocketed to $8.6K in 2022. In general, exports, however, showed a relatively flat trend pattern.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 4.2 | 3.8 | 3.8 | 7.5 | 21.3% |
| Ukraine | 3.1 | 4.5 | 2.6 | 0.8 | -36.3% |
| Kazakhstan | 0.8 | 0.5 | 0.6 | 0.3 | -27.9% |
| Armenia | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Germany | N/A | 0.8 | N/A | N/A | 0% |
| Turkmenistan | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 8.8 | 10.2 | 7.0 | 8.6 | -0.8% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Russia in 2022:
- Belarus (953.0 kg)
- Ukraine (36.0 kg)
- Kazakhstan (17.0 kg)
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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 the Russian Federation.
4032
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3803
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,
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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,
