Price for Spices; Ginger, Neither Crushed Nor Ground in France - 2023
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in France (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in France (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in France
- Exports of Spices; Ginger, Neither Crushed Nor Ground in France
Price for Spices; Ginger, Neither Crushed Nor Ground in France (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $1,930 per ton in 2022, declining by -22.8% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; ginger, neither crushed nor ground decreased by -26.4% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 48%. As a result, import price reached the peak level of $3,064 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($9,301 per ton), while the price for the Netherlands ($1,649 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Ginger, Neither Crushed Nor Ground in France (FOB) - 2022
The average export price for spices; ginger, neither crushed nor ground stood at $3,307 per ton in 2022, which is down by -19.2% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for spices; ginger, neither crushed nor ground decreased by -19.3% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 39% against the previous year. The export price peaked at $4,100 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4,208 per ton), while the average price for exports to Italy ($1,657 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 the Netherlands (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Ginger, Neither Crushed Nor Ground in France
In 2022, the amount of spices; ginger, neither crushed nor ground imported into France rose to 8.5K tons, surging by 4.5% against the year before. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; ginger, neither crushed nor ground reduced remarkably to $16M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Spices; Ginger, Neither Crushed Nor Ground in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.4 | 11.3 | 10.2 | 8.7 | 179.1% |
| China | 6.8 | 3.5 | 3.0 | 2.4 | -29.3% |
| Spain | 0.7 | 1.9 | 1.8 | 1.7 | 34.4% |
| Italy | 0.6 | 1.4 | 1.1 | 0.5 | -5.9% |
| Germany | 0.3 | 0.2 | 0.1 | 0.4 | 10.1% |
| Belgium | 0.2 | 1.0 | 0.8 | 0.4 | 26.0% |
| Brazil | 1.1 | 0.8 | 0.7 | 0.3 | -35.2% |
| Nigeria | 0.3 | 0.4 | 0.9 | 0.3 | 0.0% |
| Peru | 1.3 | N/A | 0.1 | 0.1 | -57.5% |
| Others | 2.8 | 1.7 | 1.7 | 1.5 | -18.8% |
| Total | 14.5 | 22.2 | 20.3 | 16.4 | 4.2% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to France in 2022:
- Netherlands (5272.0 tons)
- China (1073.8 tons)
- Spain (607.9 tons)
- Belgium (252.2 tons)
- Italy (216.8 tons)
- Germany (183.9 tons)
- Nigeria (130.7 tons)
- Brazil (98.1 tons)
- Peru (54.4 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in France
After three years of growth, overseas shipments of spices; ginger, neither crushed nor ground decreased by -28.2% to 487 tons in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of 678 tons, and then declined dramatically in the following year.
In value terms, exports of spices; ginger, neither crushed nor ground shrank remarkably to $1.6M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of $2.8M, and then dropped rapidly in the following year.
| Export of Spices; Ginger, Neither Crushed Nor Ground in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 432 | 609 | 1,260 | 366 | -5.4% |
| Sweden | 287 | 270 | 339 | 341 | 5.9% |
| Switzerland | 271 | 282 | 174 | 209 | -8.3% |
| Germany | 147 | 79.0 | 63.6 | 122 | -6.0% |
| Netherlands | 91.9 | 259 | 148 | 115 | 7.8% |
| Spain | 95.7 | 119 | 261 | 74.0 | -8.2% |
| Belgium | 60.0 | 164 | 114 | 72.8 | 6.7% |
| Poland | 8.5 | 1.7 | 77.6 | 68.6 | 100.6% |
| Italy | 110 | 54.3 | 31.7 | 57.6 | -19.4% |
| Others | 111 | 234 | 309 | 185 | 18.6% |
| Total | 1,614 | 2,071 | 2,778 | 1,611 | -0.1% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from France in 2022:
- United Kingdom (87.0 tons)
- Sweden (85.1 tons)
- Switzerland (67.8 tons)
- Germany (45.4 tons)
- Poland (40.7 tons)
- Netherlands (36.0 tons)
- Italy (34.8 tons)
- Spain (23.2 tons)
- Belgium (20.6 tons)
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