Spices; Saffron Price in the Netherlands - 2023
Contents:
- Spices; Saffron Price in the Netherlands (FOB) - 2022
- Spices; Saffron Price in the Netherlands (CIF) - 2022
- Spices; Saffron Exports in the Netherlands
- Spices; Saffron Imports in the Netherlands
Spices; Saffron Price in the Netherlands (FOB) - 2022
In 2022, the average spices; saffron export price amounted to $86,203 per ton, shrinking by -15.5% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 43%. Over the period under review, the average export prices reached the maximum at $148,697 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($114,522 per ton), while the average price for exports to the United Arab Emirates ($4,344 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 Spain (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Saffron Price in the Netherlands (CIF) - 2022
The average spices; saffron import price stood at $69,037 per ton in 2022, dropping by -30.4% against the previous year. In general, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 127%. Over the period under review, average import prices attained the peak figure at $147,936 per ton in 2017; however, from 2018 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 Iran ($231,388 per ton), while the price for Spain ($49,038 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Saffron Exports in the Netherlands
In 2022, the amount of spices; saffra exported from the Netherlands skyrocketed to 38 tons, rising by 15% compared with the previous year's figure. Over the period under review, exports showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 104% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, spices; saffron exports declined slightly to $3.3M in 2022. Overall, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 67%.
| Export of Spices; Saffron in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,302 | 849 | 2,394 | 2,553 | 3.5% |
| Spain | 1,272 | 656 | 446 | 266 | -40.6% |
| South Africa | 0.3 | N/A | N/A | 111 | 617.9% |
| Belgium | 371 | 382 | 321 | 98.6 | -35.7% |
| Germany | 54.0 | 46.2 | 30.2 | 71.0 | 9.6% |
| United Arab Emirates | N/A | N/A | N/A | 31.3 | 0% |
| Others | 145 | 74.1 | 153 | 132 | -3.1% |
| Total | 4,145 | 2,006 | 3,344 | 3,262 | -7.7% |
Top Export Markets for Spices; Saffron from the Netherlands in 2022:
- United States (22.3 tons)
- United Arab Emirates (7.2 tons)
- Spain (2.6 tons)
- Germany (1.5 tons)
- South Africa (1.1 tons)
- Belgium (1.1 tons)
Spices; Saffron Imports in the Netherlands
In 2022, after three years of growth, there was significant decline in purchases abroad of spices; saffra, when their volume decreased by -22.8% to 21 tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 increased by +16.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of 27 tons, and then contracted dramatically in the following year.
In value terms, spices; saffron imports fell rapidly to $1.5M in 2022. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 31%. As a result, imports reached the peak of $2.7M, and then contracted sharply in the following year.
| Import of Spices; Saffron in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 393 | 452 | 351 | 482 | 7.0% |
| Belgium | 327 | 343 | 443 | 342 | 1.5% |
| France | 8.3 | 42.7 | 24.7 | 264 | 216.8% |
| Spain | 301 | 389 | 212 | 91.4 | -32.8% |
| Poland | 42.1 | 23.6 | 1.9 | 65.9 | 16.1% |
| United Kingdom | 0.4 | 3.4 | 506 | 60.1 | 431.6% |
| Afghanistan | 3.3 | 21.8 | 197 | 55.0 | 155.4% |
| Iran | 1,478 | 680 | 249 | 32.2 | -72.1% |
| Others | 66.6 | 116 | 730 | 67.3 | 0.3% |
| Total | 2,621 | 2,071 | 2,714 | 1,459 | -17.7% |
Top Suppliers of Spices; Saffron to the Netherlands in 2022:
- Germany (9.1 tons)
- Belgium (6.7 tons)
- Spain (1.9 tons)
- France (1.1 tons)
- Poland (0.6 tons)
- Afghanistan (0.4 tons)
- United Kingdom (0.3 tons)
- Iran (0.1 tons)
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