Spices; Mixtures Price in France - 2023
Contents:
- Spices; Mixtures Price in France (CIF) - 2022
- Spices; Mixtures Price in France (FOB) - 2022
- Spices; Mixtures Imports in France
- Spices; Mixtures Exports in France
Spices; Mixtures Price in France (CIF) - 2022
The average spices; mixtures import price stood at $4,941 per ton in 2022, with a decrease of -16.2% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $6,643 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($6,370 per ton), while the price for the United Arab Emirates ($750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Spices; Mixtures Price in France (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $7,826 per ton, growing by 8.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. The export price peaked at $9,099 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($11,561 per ton), while the average price for exports to Saudi Arabia ($4,375 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 Nigeria (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Imports in France
In 2022, overseas purchases of spices; mixtureses decreased by -7.2% to 5.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible descent. The pace of growth was the most pronounced in 2020 with an increase of 4.4%. As a result, imports reached the peak of 6.4K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, spices; mixtures imports reduced notably to $27M in 2022. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of $37M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Mixtures in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.9 | 7.7 | 8.4 | 7.0 | 5.9% |
| Netherlands | 4.9 | 9.1 | 8.6 | 5.7 | 5.2% |
| Germany | 10.8 | 8.7 | 7.4 | 5.0 | -22.6% |
| Belgium | 4.0 | 4.0 | 4.1 | 2.7 | -12.3% |
| United Kingdom | 1.5 | 4.6 | 0.8 | 1.4 | -2.3% |
| India | 0.8 | 0.4 | 1.0 | 0.7 | -4.4% |
| China | 0.5 | 0.3 | 0.6 | 0.6 | 6.3% |
| United Arab Emirates | N/A | N/A | N/A | 0.2 | 0% |
| Others | 3.2 | 2.4 | 3.8 | 3.5 | 3.0% |
| Total | 31.7 | 37.2 | 34.6 | 26.9 | -5.3% |
Top Suppliers of Spices; Mixtures to France in 2022:
- Spain (1490.8 tons)
- Netherlands (1078.9 tons)
- Germany (814.5 tons)
- United Kingdom (468.6 tons)
- Belgium (420.8 tons)
- United Arab Emirates (333.0 tons)
- India (212.7 tons)
- China (142.8 tons)
Spices; Mixtures Exports in France
In 2022, the amount of spices; mixtureses exported from France contracted significantly to 1.6K tons, shrinking by -36.8% against the previous year's figure. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 29%.
In value terms, spices; mixtures exports fell dramatically to $12M in 2022. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
| Export of Spices; Mixtures in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 4.3 | 2.8 | 4.3 | 4.1 | -1.6% |
| United States | 1.5 | 1.3 | 0.9 | 1.4 | -2.3% |
| Switzerland | 1.6 | 1.9 | 2.3 | 1.4 | -4.4% |
| United Kingdom | 1.6 | 2.1 | 1.3 | 1.0 | -14.5% |
| Belgium | 0.9 | 1.1 | 1.1 | 0.9 | 0.0% |
| Portugal | 0.7 | 0.9 | 1.0 | 0.5 | -10.6% |
| Spain | 0.2 | 0.2 | 0.6 | 0.5 | 35.7% |
| Netherlands | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Italy | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Germany | 0.3 | 0.3 | 0.6 | 0.4 | 10.1% |
| Saudi Arabia | 4.2 | 3.2 | 3.1 | 0.3 | -58.5% |
| Lebanon | 0.6 | 0.4 | 0.2 | 0.1 | -45.0% |
| Others | 1.4 | 1.0 | 1.8 | 1.1 | -7.7% |
| Total | 18.0 | 15.8 | 18.0 | 12.4 | -11.7% |
Top Export Markets for Spices; Mixtures from France in 2022:
- Nigeria (492.4 tons)
- Switzerland (190.5 tons)
- United States (140.1 tons)
- Belgium (136.4 tons)
- United Kingdom (114.4 tons)
- Spain (77.6 tons)
- Italy (67.8 tons)
- Saudi Arabia (57.6 tons)
- Germany (53.4 tons)
- Netherlands (42.2 tons)
- Portugal (40.6 tons)
- Lebanon (19.9 tons)
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