Spices; Mixtures Price in the Netherlands - 2023
Contents:
- Spices; Mixtures Price in the Netherlands (FOB) - 2023
- Spices; Mixtures Price in the Netherlands (CIF) - 2023
- Spices; Mixtures Exports in the Netherlands
- Spices; Mixtures Imports in the Netherlands
Spices; Mixtures Price in the Netherlands (FOB) - 2023
The average spices; mixtures export price stood at $3,720 per ton in June 2023, rising by 14% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 77% month-to-month. Over the period under review, the average export prices attained the peak figure in June 2023.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Poland ($5,516 per ton), while the average price for exports to Curacao ($2,420 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Price in the Netherlands (CIF) - 2023
The average spices; mixtures import price stood at $3,294 per ton in June 2023, jumping by 56% against the previous month. Overall, import price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spices; mixtures import price increased by +55.9% against May 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 57% month-to-month. Over the period under review, average import prices reached the maximum at $3,391 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($7,417 per ton), while the price for Poland ($1,509 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Exports in the Netherlands
For the third consecutive year, the Netherlands recorded decline in shipments abroad of spices; mixtureses, which decreased by -2.1% to 17K tons in 2022. Overall, exports continue to indicate a abrupt decline.
In value terms, spices; mixtures exports shrank to $71M in 2022. Over the period under review, exports continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 3%.
| Export of Spices; Mixtures in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.4 | 18.0 | 20.3 | 16.9 | 3.1% |
| Germany | 13.8 | 14.0 | 16.5 | 14.3 | 1.2% |
| Denmark | 1.0 | 0.7 | 0.8 | 7.0 | 91.3% |
| Curacao | 9.4 | 7.8 | 5.3 | 4.3 | -22.9% |
| Poland | 7.6 | 7.6 | 6.2 | 4.3 | -17.3% |
| France | 4.1 | 3.3 | 3.9 | 3.6 | -4.2% |
| Bonaire | 5.1 | 4.7 | 3.4 | 3.4 | -12.6% |
| Spain | 2.6 | 0.6 | 1.8 | 2.7 | 1.3% |
| Italy | 0.8 | 0.6 | 1.1 | 1.4 | 20.5% |
| Sweden | 1.7 | 1.2 | 1.2 | 1.4 | -6.3% |
| Czech Republic | 0.9 | 1.1 | 1.6 | 1.3 | 13.0% |
| Aruba | 0.8 | 1.4 | 1.2 | 0.8 | 0.0% |
| Suriname | 0.6 | 1.3 | 0.6 | 0.6 | 0.0% |
| Others | 16.0 | 12.0 | 12.3 | 8.9 | -17.8% |
| Total | 79.9 | 74.2 | 76.4 | 71.2 | -3.8% |
Top Export Markets for Spices; Mixtures from the Netherlands in 2022:
- Belgium (4.5K tons)
- Curacao (2.2K tons)
- Germany (2.1K tons)
- Bonaire (1.6K tons)
- Poland (1.0K tons)
- Denmark (0.9K tons)
- France (0.6K tons)
- Aruba (0.5K tons)
- Spain (0.5K tons)
- Suriname (0.4K tons)
- Italy (0.3K tons)
- Sweden (0.3K tons)
- Czech Republic (0.3K tons)
Spices; Mixtures Imports in the Netherlands
In 2022, the amount of spices; mixtureses imported into the Netherlands skyrocketed to 11K tons, rising by 23% against 2021 figures. Over the period under review, imports, however, continue to indicate a noticeable setback.
In value terms, spices; mixtures imports fell to $30M in 2022. Overall, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 5.7%.
| Import of Spices; Mixtures in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.9 | 16.3 | 15.6 | 12.2 | -10.3% |
| Belgium | 10.8 | 8.9 | 5.4 | 5.0 | -22.6% |
| Spain | 0.3 | 1.2 | 1.9 | 2.2 | 94.3% |
| India | 0.7 | 1.1 | 2.1 | 1.8 | 37.0% |
| France | 0.8 | 0.5 | 0.8 | 1.4 | 20.5% |
| Austria | 0.4 | 0.1 | 0.5 | 1.2 | 44.2% |
| United Kingdom | 2.6 | 1.4 | 1.5 | 0.6 | -38.7% |
| Others | 3.0 | 3.1 | 6.9 | 5.4 | 21.6% |
| Total | 35.6 | 32.7 | 34.5 | 29.7 | -5.9% |
Top Suppliers of Spices; Mixtures to the Netherlands in 2022:
- Germany (7.7K tons)
- Belgium (0.9K tons)
- Spain (0.7K tons)
- India (0.5K tons)
- Austria (0.3K tons)
- France (0.2K tons)
- United Kingdom (0.2K tons)
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