Price for Spices; Cardamoms, Crushed or Ground in Romania - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Romania (FOB) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Romania (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in Romania
- Imports of Spices; Cardamoms, Crushed or Ground in Romania
Price for Spices; Cardamoms, Crushed or Ground in Romania (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $36,050 per ton, dropping by -5.4% against the previous year. Over the period under review, the export price, however, showed a temperate increase. The growth pace was the most rapid in 2015 an increase of 97% against the previous year. Over the period under review, the average export prices reached the peak figure at $38,122 per ton in 2021, and then declined in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($49,333 per ton), while the average price for exports to Germany ($35,118 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 (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Romania (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $30,850 per ton in 2022, surging by 29% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; cardamoms, crushed or ground import price increased by +73.3% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($33,839 per ton), while the price for Syrian Arab Republic ($1,543 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cardamoms, Crushed or Ground in Romania
In 2022, the amount of spices; cardamoms, crushed or ground exported from Romania reduced rapidly to 7.1 tons, which is down by -50.7% compared with 2021. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 47%. As a result, the exports attained the peak of 14 tons, and then reduced notably in the following year.
In value terms, spices; cardamoms, crushed or ground exports shrank sharply to $254K in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 79%. As a result, the exports attained the peak of $545K, and then dropped notably in the following year.
| Export of Spices; Cardamoms, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 324 | 282 | 512 | 229 | -10.9% |
| Italy | 33.3 | 18.2 | 28.9 | 23.1 | -11.5% |
| Others | 1.0 | 5.2 | 3.9 | 2.5 | 35.7% |
| Total | 359 | 305 | 545 | 254 | -10.9% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Romania in 2022:
- Germany (6.5 tons)
- Italy (0.5 tons)
Imports of Spices; Cardamoms, Crushed or Ground in Romania
In 2022, approx. 12 tons of spices; cardamoms, crushed or ground were imported into Romania; waning by -18.7% compared with 2021. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 15 tons, and then declined significantly in the following year.
In value terms, spices; cardamoms, crushed or ground imports rose significantly to $384K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Spices; Cardamoms, Crushed or Ground in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 214 | 217 | 302 | 336 | 16.2% |
| Poland | 11.3 | 16.0 | 22.3 | 21.3 | 23.5% |
| Austria | 20.2 | 25.7 | 19.1 | 13.1 | -13.4% |
| Latvia | 6.0 | 11.1 | 15.5 | 11.5 | 24.2% |
| Syrian Arab Republic | N/A | 0.2 | 0.1 | 0.5 | 58.1% |
| Others | 12.9 | 6.8 | 5.7 | 2.1 | -45.4% |
| Total | 264 | 277 | 365 | 384 | 13.3% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Romania in 2022:
- Germany (9.9 tons)
- Poland (0.9 tons)
- Latvia (0.8 tons)
- Austria (0.4 tons)
- Syrian Arab Republic (0.3 tons)
652
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Romania.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
652
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Romania.
4152
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3899
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,
3899
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
8591
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.
4026
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,
