Spices; Saffron Price in the Czech Republic - 2023
Contents:
- Spices; Saffron Price in the Czech Republic (FOB) - 2022
- Spices; Saffron Price in the Czech Republic (CIF) - 2022
- Spices; Saffron Exports in the Czech Republic
- Spices; Saffron Imports in the Czech Republic
Spices; Saffron Price in the Czech Republic (FOB) - 2022
The average spices; saffron export price stood at $29,910 per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 117% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($30,662 per ton), while the average price for exports to Slovakia amounted to $14,682 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Saffron Price in the Czech Republic (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $14,230 per ton, surging by 15% against the previous year. Over the period under review, the import price saw slight growth. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($94,448 per ton), while the price for Spain ($3,851 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Spices; Saffron Exports in the Czech Republic
For the third year in a row, the Czech Republic recorded decline in shipments abroad of spices; saffra, which decreased by -44.8% to 9.9 tons in 2022. In general, exports showed a significant curtailment. The smallest decline of -2.4% was in 2020.
In value terms, spices; saffron exports fell notably to $295K in 2022. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $534K, and then reduced sharply in the following year.
| Export of Spices; Saffron in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 175 | 236 | 445 | 259 | 14.0% |
| Slovakia | 101 | 78.7 | 31.5 | 18.1 | -43.6% |
| Poland | 56.8 | 39.9 | 51.1 | 12.9 | -39.0% |
| Switzerland | 93.2 | 73.5 | N/A | N/A | -21.1% |
| Others | 2.3 | 5.8 | 6.5 | 5.1 | 30.4% |
| Total | 428 | 434 | 534 | 295 | -11.7% |
Top Export Markets for Spices; Saffron from the Czech Republic in 2022:
- Germany (8.4 tons)
- Slovakia (1.2 tons)
- Poland (0.1 tons)
Spices; Saffron Imports in the Czech Republic
In 2022, approx. 29 tons of spices; saffra were imported into the Czech Republic; which is down by -13.1% against 2021. Overall, imports saw a precipitous slump.
In value terms, spices; saffron imports amounted to $406K in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year.
| Import of Spices; Saffron in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 237 | 165 | 120 | 104 | -24.0% |
| Poland | 18.6 | 3.8 | 4.2 | 5.8 | -32.2% |
| Others | 151 | 192 | 281 | 296 | 25.2% |
| Total | 406 | 361 | 405 | 406 | 0.0% |
Top Suppliers of Spices; Saffron to the Czech Republic in 2022:
- Spain (27.0 tons)
- Poland (0.5 tons)
104
This report provides an in-depth analysis of the market for spices except pepper or ginger in the Czech Republic.
914
This report provides an in-depth analysis of the ginger market in the Czech Republic.
735
This report provides an in-depth analysis of the market for dog and cat food in the Czech Republic.
792
This report provides an in-depth analysis of the apricot market in the Czech Republic.
1340
This report provides an in-depth analysis of the virgin olive oil market in the Czech Republic.
852
This report provides an in-depth analysis of the paint and varnish market in the Czech Republic.
322
This report provides an in-depth analysis of the olive oil market in the Czech Republic.
306
This report provides an in-depth analysis of the market for urea and thiourea resins in the Czech Republic.
281
This report provides an in-depth analysis of the assembled clock movements market in the Czech Republic.
395
This report provides an in-depth analysis of the diphosphorus pentaoxide market in the Czech Republic.
939
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1036
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
788
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7515
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8596
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1383
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7890
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11890
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1627
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3391
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
