Price for Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $8,020 per ton, falling by -8.6% against the previous year. Over the period under review, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 85% against the previous year. The import price peaked at $8,778 per ton in 2021, and then fell in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,603 per ton), while the price for India stood at $7,253 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela
In 2022, after three years of growth, there was significant decline in supplies from abroad of spices; nutmeg, neither crushed nor ground, when their volume decreased by -15.9% to 8.6 tons. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 150% against the previous year.
In value terms, imports of spices; nutmeg, neither crushed nor ground fell rapidly to $69K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 171% against the previous year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.4 | 31.4 | 68.5 | 42.2 | 78.7% |
| Germany | 8.7 | 11.2 | 11.1 | 27.0 | 45.9% |
| Indonesia | N/A | 5.8 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 10.4 | N/A | 0% |
| Portugal | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.9 | 48.4 | 90.0 | 69.2 | 56.9% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Venezuela in 2022:
- India (5.8 tons)
- Germany (2.8 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Venezuela.
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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 Venezuela.
3988
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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.
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,
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
8417
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,
