Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia - 2023

Contents:

  1. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (CIF) - 2023
  2. Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (FOB) - 2023
  3. Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia
  4. Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (CIF) - 2023

In October 2023, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,205 per ton, dropping by -14.2% against the previous month. Overall, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 45% month-to-month. As a result, import price reached the peak level of $3,959 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -1.6% per month.

Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (FOB) - 2023

In October 2023, the average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $10,239 per ton, picking up by 203% against the previous month. Overall, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Montenegro.

From October 2022 to October 2023, the rate of growth in terms of prices for Montenegro amounted to +9.4% per month.

Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia

In 2022, supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -13.3% to 1.5K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 848% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground reduced to $4.1M in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 333% against the previous year. As a result, imports reached the peak of $4.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.73,4693,1632,905428.3%
Austria14542946547848.8%
Croatia12018927625328.2%
Hungary1781751842349.5%
Serbia240184210130-18.5%
Spain28517.750.044.8-46.0%
Others69.211510998.312.4%
Total1,0564,5794,4574,14457.7%

Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Slovenia in 2022:

  1. China (1213.0 tons)
  2. Austria (91.7 tons)
  3. Croatia (57.8 tons)
  4. Hungary (36.0 tons)
  5. Serbia (22.5 tons)
  6. Spain (14.0 tons)

Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia

In 2022, shipments abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -40.7% to 872 tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 58,538%. As a result, the exports reached the peak of 1.9K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground fell to $3M in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 22,897%. As a result, the exports reached the peak of $3.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A1.81.21.7-2.8%
SlovakiaN/A1.71.91.2-16.0%
OthersN/AN/A0.1N/A0%
TotalN/A3.53.23.0-7.4%

Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Slovenia in 2022:

  1. Hungary (437.9 tons)
  2. Slovakia (425.0 tons)

Source: IndexBox Market Intelligence Platform

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