Price for Spices; Vanilla, Crushed or Ground in Kazakhstan - 2021
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Kazakhstan (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Kazakhstan (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Kazakhstan
- Exports of Spices; Vanilla, Crushed or Ground in Kazakhstan
Price for Spices; Vanilla, Crushed or Ground in Kazakhstan (CIF) - 2022
In 2022, the average import price for spices; vanilla, crushed or ground amounted to $26,000 per ton, surging by 205% against the previous year. In general, the import price posted a pronounced expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($27,794 per ton), while the price for Turkey stood at $10,750 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Vanilla, Crushed or Ground in Kazakhstan (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $21,500 per ton in 2022, picking up by 1,074% against the previous year. Overall, the export price continues to indicate a temperate increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Mongolia.
From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to -9.5% per year.
Imports of Spices; Vanilla, Crushed or Ground in Kazakhstan
In 2022, purchases abroad of spices; vanilla, crushed or ground decreased by -96.2% to 38 kg, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 4.7% against the previous year. As a result, imports reached the peak of 1.7 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; vanilla, crushed or ground imports contracted markedly to $988 in 2022. In general, imports showed a precipitous contraction. The smallest decline of -4.9% was in 2021.
Import of Spices; Vanilla, Crushed or Ground in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 7.4 | 0.6 | 1.7 | 0.9 | -50.5% |
Germany | 0.8 | 3.2 | 2.6 | N/A | 80.3% |
United Arab Emirates | 1.2 | 4.6 | 3.7 | N/A | 75.6% |
Turkey | N/A | 0.6 | 0.5 | N/A | -16.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.5 | 9.0 | 8.6 | 1.0 | -52.8% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Kazakhstan in 2022:
- Russia (34.0 kg)
- Turkey (4.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in Kazakhstan
In 2022, shipments abroad of spices; vanilla, crushed or ground decreased by -99.9% to 2 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 539%. As a result, the exports attained the peak of 3.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; vanilla, crushed or ground exports dropped significantly to $43 in 2022. In general, exports recorded a dramatic contraction. The smallest decline of -1.9% was in 2020.
Export of Spices; Vanilla, Crushed or Ground in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mongolia | N/A | N/A | N/A | N/A | 0% |
Russia | 3.0 | 0.1 | 2.9 | N/A | -1.7% |
Kyrgyzstan | N/A | 2.9 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.0 | 3.0 | 2.9 | N/A | -1.7% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Kazakhstan in 2022:
- Mongolia (2.0 kg)
This report provides an in-depth analysis of the vanilla market in Kazakhstan.
This report provides an in-depth analysis of the global vanilla market.
This report provides an in-depth analysis of the vanilla market in Kazakhstan.
This report provides an in-depth analysis of the global vanilla market.
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