Price for Spices; Cardamoms, Crushed or Ground in Austria - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Austria (FOB) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Austria (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in Austria
- Imports of Spices; Cardamoms, Crushed or Ground in Austria
Price for Spices; Cardamoms, Crushed or Ground in Austria (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $44,090 per ton, which is down by -12.8% against the previous year. In general, the export price, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2016 an increase of 75% against the previous year. Over the period under review, the average export prices reached the peak figure at $50,569 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($66,327 per ton), while the average price for exports to South Africa ($11,250 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 Russia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Austria (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $31,210 per ton in 2022, declining by -12.4% against the previous year. In general, the import price, however, continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 58%. Over the period under review, average import prices attained the peak figure at $38,697 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($108,222 per ton), while the price for Turkey ($19,647 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cardamoms, Crushed or Ground in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of spices; cardamoms, crushed or ground, when their volume decreased by -18.3% to 17 tons. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 21 tons, and then fell remarkably in the following year.
In value terms, spices; cardamoms, crushed or ground exports fell significantly to $759K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 2020 when exports increased by 39% against the previous year.
| Export of Spices; Cardamoms, Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 201 | 283 | 291 | 193 | -1.3% |
| Russia | 112 | 214 | 237 | 176 | 16.3% |
| Poland | 39.7 | 42.7 | 170 | 162 | 59.8% |
| Slovenia | 20.6 | 44.6 | 43.4 | 35.9 | 20.3% |
| Switzerland | 43.2 | 41.3 | 40.1 | 34.8 | -7.0% |
| Italy | 16.8 | 28.0 | 38.3 | 30.4 | 21.9% |
| Czech Republic | 13.8 | 32.4 | 31.6 | 28.5 | 27.3% |
| Hungary | 24.5 | 8.4 | 21.9 | 17.3 | -11.0% |
| Slovakia | 32.8 | 30.8 | 36.1 | 16.7 | -20.1% |
| Sweden | 18.0 | 14.2 | 25.4 | 13.4 | -9.4% |
| Romania | 16.6 | 23.5 | 27.1 | 10.5 | -14.2% |
| South Africa | 5.3 | N/A | 6.0 | 4.7 | -3.9% |
| Denmark | N/A | N/A | 53.4 | 0.7 | -98.7% |
| Others | 19.2 | 21.8 | 44.5 | 35.3 | 22.5% |
| Total | 563 | 784 | 1,066 | 759 | 10.5% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Austria in 2022:
- Denmark (undefined tons)
- Russia (4.4 tons)
- Poland (4.3 tons)
- Germany (3.3 tons)
- Switzerland (1.0 tons)
- Czech Republic (0.7 tons)
- Slovenia (0.6 tons)
- Italy (0.5 tons)
- Hungary (0.5 tons)
- South Africa (0.4 tons)
- Slovakia (0.4 tons)
- Romania (0.3 tons)
- Sweden (0.2 tons)
Imports of Spices; Cardamoms, Crushed or Ground in Austria
In 2022, purchases abroad of spices; cardamoms, crushed or ground decreased by -28.2% to 8 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 43%.
In value terms, spices; cardamoms, crushed or ground imports declined significantly to $249K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 50%.
| Import of Spices; Cardamoms, Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.7 | 54.6 | 24.1 | 167 | 86.6% |
| France | 39.9 | 35.9 | 53.4 | 36.6 | -2.8% |
| Sri Lanka | 7.9 | 34.3 | 25.1 | 29.1 | 54.4% |
| India | 0.7 | 17.1 | 29.1 | 7.4 | 119.5% |
| Turkey | 11.6 | 4.8 | 0.7 | 2.7 | -38.5% |
| Netherlands | 6.3 | 12.9 | 3.6 | 1.9 | -32.9% |
| Guatemala | 133 | 166 | 225 | N/A | 30.1% |
| Indonesia | N/A | 20.6 | N/A | N/A | 0% |
| Others | 21.5 | 21.8 | 35.5 | 5.0 | -38.5% |
| Total | 246 | 368 | 397 | 249 | 0.4% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Austria in 2022:
- Germany (6.4 tons)
- India (0.4 tons)
- Sri Lanka (0.4 tons)
- France (0.3 tons)
- Turkey (0.1 tons)
- Netherlands (0.1 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Austria.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Austria.
4100
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3878
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
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In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
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Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3878
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8562
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3997
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
