Spices; Nutmeg Price in Costa Rica - 2022
Contents:
- Spices; Nutmeg Price in Costa Rica (CIF) - 2022
- Spices; Nutmeg Price in Costa Rica (FOB) - 2022
- Spices; Nutmeg Imports in Costa Rica
- Spices; Nutmeg Exports in Costa Rica
Spices; Nutmeg Price in Costa Rica (CIF) - 2022
The average spices; nutmeg import price stood at $3,032 per ton in 2022, rising by 2.1% against the previous year. In general, the import price, however, saw a pronounced curtailment. Over the period under review, average import prices attained the maximum at $4,496 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,089 per ton), while the price for Spain stood at $1,574 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.9%).
Spices; Nutmeg Price in Costa Rica (FOB) - 2022
The average spices; nutmeg export price stood at $12,259 per ton in 2022, shrinking by -2.6% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; nutmeg export price increased by +56.7% against 2012 indices. The growth pace was the most rapid in 2019 an increase of 5.5% against the previous year. The export price peaked at $12,589 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($41,821 per ton), while the average price for exports to Guatemala ($11,119 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 El Salvador (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Nutmeg Imports in Costa Rica
In 2022, after three years of growth, there was significant decline in supplies from abroad of spices; nutmeg, when their volume decreased by -8.3% to 133 tons. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%.
In value terms, spices; nutmeg imports declined to $402K in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of $429K, and then reduced in the following year.
| Import of Spices; Nutmeg in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 361 | 418 | 394 | 8.2% |
| Spain | 15.9 | 13.5 | 11.4 | 7.9 | -20.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 327 | 375 | 429 | 402 | 7.1% |
Top Suppliers of Spices; Nutmeg to Costa Rica in 2022:
- United States (127.6 tons)
- Spain (5.0 tons)
Spices; Nutmeg Exports in Costa Rica
In 2022, after two years of decline, there was growth in shipments abroad of spices; nutmeg, when their volume increased by 2% to 7.5 tons. Overall, exports, however, showed a slight shrinkage.
In value terms, spices; nutmeg exports contracted to $93K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 1.4% against the previous year.
| Export of Spices; Nutmeg in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 70.2 | 71.7 | 73.1 | 73.0 | 1.3% |
| Nicaragua | 10.3 | 10.8 | 11.3 | 11.6 | 4.0% |
| El Salvador | 10.1 | 9.4 | 8.7 | 7.9 | -7.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 90.6 | 91.9 | 93.2 | 92.5 | 0.7% |
Top Export Markets for Spices; Nutmeg from Costa Rica in 2022:
- Guatemala (6.6 tons)
- Nicaragua (0.8 tons)
- El Salvador (0.2 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Costa Rica.
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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 Costa Rica.
4032
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3803
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
8477
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.
3918
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,
3803
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
8477
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.
3918
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,
