Price for Spices; Nutmeg, Neither Crushed Nor Ground in Serbia - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $18,728 per ton, rising by 33% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2016 an increase of 37%. Over the period under review, average import prices hit record highs at $26,566 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Grenada ($74,746 per ton), while the price for Indonesia totaled $14,947 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $1,130 per ton, declining by -97.3% against the previous year. In general, the export price recorded a precipitous contraction. The growth pace was the most rapid in 2015 an increase of 35%. Over the period under review, the average export prices attained the peak figure at $46,000 per ton in 2020; however, from 2021 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 Bosnia and Herzegovina ($42,462 per ton), while the average price for exports to Hungary totaled $876 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+5.6%).
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia
In 2022, purchases abroad of spices; nutmeg, neither crushed nor ground decreased by -61% to 961 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of 201% against the previous year. As a result, imports reached the peak of 2.7 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of spices; nutmeg, neither crushed nor ground contracted rapidly to $18K in 2022. In general, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 167% against the previous year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 7.6 | 20.2 | 21.2 | 13.5 | 21.1% |
| Grenada | 3.2 | 2.9 | 2.8 | 4.4 | 11.2% |
| Spain | 0.8 | 9.5 | 9.6 | N/A | 246.4% |
| Others | 0.8 | 0.6 | 1.1 | 0.1 | -50.0% |
| Total | 12.5 | 33.3 | 34.7 | 18.0 | 12.9% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Serbia in 2022:
- Indonesia (900.0 kg)
- Grenada (59.0 kg)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia
Exports of spices; nutmeg, neither crushed nor ground from Serbia soared to 4.7 tons in 2022, increasing by 9,750% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; nutmeg, neither crushed nor ground soared to $5.3K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | N/A | N/A | 4.1 | 0% |
| Bosnia and Herzegovina | 0.9 | 1.1 | 1.1 | 1.1 | 6.9% |
| Others | 0.3 | 0.3 | 0.9 | 0.1 | -30.7% |
| Total | 1.2 | 1.3 | 2.0 | 5.3 | 64.1% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Serbia in 2022:
- Hungary (4.7 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Serbia.
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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 Serbia.
3987
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3772
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,
3772
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
8416
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.
3860
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,
