Spices; Turmeric (Curcuma) Price in Tunisia - 2022
Contents:
- Spices; Turmeric (Curcuma) Price in Tunisia (CIF) - 2022
- Spices; Turmeric (Curcuma) Price in Tunisia (FOB) - 2022
- Spices; Turmeric (Curcuma) Imports in Tunisia
- Spices; Turmeric (Curcuma) Exports in Tunisia
Spices; Turmeric (Curcuma) Price in Tunisia (CIF) - 2022
The average spices; turmeric (curcuma) import price stood at $988 per ton in 2022, with an increase of 30% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,002 per ton), while the price for Egypt stood at $679 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%).
Spices; Turmeric (Curcuma) Price in Tunisia (FOB) - 2022
The average spices; turmeric (curcuma) export price stood at $5,653 per ton in 2022, growing by 5.4% against the previous year. Overall, the export price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $5,772 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($7,333 per ton), while the average price for exports to Italy ($1,958 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 Saudi Arabia (+60.8%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Turmeric (Curcuma) Imports in Tunisia
In 2022, approx. 3.6K tons of spices; turmeric (curcuma) were imported into Tunisia; jumping by 15% on the previous year. Overall, imports, however, recorded a pronounced decrease.
In value terms, spices; turmeric (curcuma) imports surged to $3.6M in 2022. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Turmeric (Curcuma) in Tunisia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.9 | N/A | 2.3 | 3.5 | 6.5% |
| Egypt | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 2.9 | N/A | 2.4 | 3.6 | 7.5% |
Top Suppliers of Spices; Turmeric (Curcuma) to Tunisia in 2022:
- India (3.5K tons)
- Egypt (0.1K tons)
Spices; Turmeric (Curcuma) Exports in Tunisia
In 2022, after two years of decline, there was significant decline in overseas shipments of spices; turmeric (curcuma), when their volume decreased by -93% to 167 kg. Over the period under review, exports continue to indicate a dramatic decrease.
In value terms, spices; turmeric (curcuma) exports contracted notably to $944 in 2022. Overall, exports saw a precipitous shrinkage.
| Export of Spices; Turmeric (Curcuma) in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.1 | N/A | 1.9 | 0.3 | 44.2% |
| Saudi Arabia | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Switzerland | 1.2 | N/A | 0.8 | N/A | -18.4% |
| France | 3.7 | N/A | 5.8 | N/A | 25.2% |
| Malta | N/A | N/A | N/A | N/A | 0% |
| Serbia | 0.4 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Mauritania | 2.4 | N/A | 3.8 | N/A | 25.8% |
| Others | 0.2 | N/A | 0.2 | N/A | 0.0% |
| Total | 8.2 | N/A | 12.8 | 0.9 | -52.1% |
Top Export Markets for Spices; Turmeric (Curcuma) from Tunisia in 2022:
- Canada (45.0 kg)
- Saudi Arabia (45.0 kg)
- Germany (45.0 kg)
- Italy (24.0 kg)
- Malta (8.0 kg)
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