Price for Spices; Cardamoms, Crushed or Ground in Costa Rica - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Costa Rica (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Costa Rica (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Costa Rica
- Exports of Spices; Cardamoms, Crushed or Ground in Costa Rica
Price for Spices; Cardamoms, Crushed or Ground in Costa Rica (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $19,248 per ton, with an increase of 5.3% against the previous year. Over the period under review, the import price posted resilient growth. The pace of growth was the most pronounced in 2020 an increase of 57% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Guatemala ($34,246 per ton), while the price for the United States amounted to $15,690 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.9%).
Price for Spices; Cardamoms, Crushed or Ground in Costa Rica (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $27,100 per ton in 2022, remaining stable against the previous year. In general, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 20% against the previous year. The export price peaked at $45,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to -4.9% per year.
Imports of Spices; Cardamoms, Crushed or Ground in Costa Rica
In 2022, overseas purchases of spices; cardamoms, crushed or ground decreased by -49.5% to 339 kg, falling for the second consecutive year after two years of growth. In general, imports showed a significant curtailment. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 2.1 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; cardamoms, crushed or ground imports reduced rapidly to $6.5K in 2022. Overall, imports faced a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 92%. As a result, imports attained the peak of $26K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Cardamoms, Crushed or Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 11.4 | 7.1 | 4.3 | 2.4% |
| Guatemala | 9.3 | 14.3 | 4.2 | 2.2 | -38.2% |
| Spain | 0.4 | 0.7 | 0.9 | N/A | 50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.7 | 26.3 | 12.3 | 6.5 | -22.0% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Costa Rica in 2022:
- United States (274.0 kg)
- Guatemala (65.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Costa Rica
After three years of growth, shipments abroad of spices; cardamoms, crushed or ground decreased by -20% to 20 kg in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year.
In value terms, spices; cardamoms, crushed or ground exports fell sharply to $542 in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 208% against the previous year.
| Export of Spices; Cardamoms, Crushed or Ground in Costa Rica (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 132 | 406 | 110 | 542 | 60.1% |
| Norway | N/A | N/A | 569 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 132 | 406 | 679 | 542 | 60.1% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Costa Rica in 2022:
- Nicaragua (20.0 kg)
181
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Costa Rica.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
181
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Costa Rica.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3876
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
8560
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.
3994
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,
3876
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
8560
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.
3994
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,
