Price for Spices; Cardamoms, Crushed or Ground in the Netherlands - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in the Netherlands (FOB) - 2023
- Price for Spices; Cardamoms, Crushed or Ground in the Netherlands (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in the Netherlands
- Imports of Spices; Cardamoms, Crushed or Ground in the Netherlands
Price for Spices; Cardamoms, Crushed or Ground in the Netherlands (FOB) - 2023
The average export price for spices; cardamoms, crushed or ground stood at $18,125 per ton in July 2023, picking up by 64% against the previous month. In general, export price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, spices; cardamoms, crushed or ground export price increased by +64.0% against June 2023 indices. Over the period under review, the average export prices hit record highs at $23,175 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($23,739 per ton), while the average price for exports to Belgium ($11,105 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Spices; Cardamoms, Crushed or Ground in the Netherlands (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $13,878 per ton, dropping by -43.8% against the previous year. Over the period under review, the import price, however, posted resilient growth. The growth pace was the most rapid in 2014 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the maximum at $24,700 per ton in 2021, and then shrank markedly in the following year.
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 ($24,673 per ton), while the price for the United States ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cardamoms, Crushed or Ground in the Netherlands
Spices; cardamoms, crushed or ground exports from the Netherlands rose to 419 tons in 2022, surging by 2.9% compared with the previous year. The total export volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, spices; cardamoms, crushed or ground exports dropped notably to $7.3M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year.
| Export of Spices; Cardamoms, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 774 | 1,337 | 2,517 | 2,201 | 41.7% |
| Sweden | 1,603 | 2,480 | 1,811 | 1,588 | -0.3% |
| Norway | 1,454 | 1,846 | 1,475 | 1,054 | -10.2% |
| Denmark | 130 | 222 | 415 | 512 | 57.9% |
| United Kingdom | 408 | 507 | 534 | 431 | 1.8% |
| Belgium | 108 | 205 | 190 | 225 | 27.7% |
| Poland | 214 | 362 | 386 | 216 | 0.3% |
| France | 228 | 155 | 213 | 174 | -8.6% |
| Others | 509 | 845 | 1,653 | 906 | 21.2% |
| Total | 5,428 | 7,957 | 9,193 | 7,306 | 10.4% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from the Netherlands in 2022:
- Germany (128.8 tons)
- Norway (88.8 tons)
- Sweden (76.1 tons)
- Denmark (26.2 tons)
- United Kingdom (24.3 tons)
- Belgium (12.5 tons)
- Poland (10.7 tons)
- France (7.4 tons)
Imports of Spices; Cardamoms, Crushed or Ground in the Netherlands
Spices; cardamoms, crushed or ground imports into the Netherlands soared to 110 tons in 2022, growing by 16% against the previous year's figure. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 145%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, spices; cardamoms, crushed or ground imports dropped sharply to $1.5M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 217% against the previous year.
| Import of Spices; Cardamoms, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | 0.1 | 59.7 | 855 | 9146.6% |
| United Kingdom | 41.3 | 13.2 | 505 | 230 | 77.3% |
| France | 17.0 | 40.2 | 19.8 | 129 | 96.5% |
| Germany | 180 | 747 | 557 | 81.3 | -23.3% |
| India | 13.8 | 5.8 | 256 | 73.6 | 74.7% |
| Belgium | 12.9 | 27.5 | 58.7 | 51.9 | 59.0% |
| Tanzania | N/A | N/A | N/A | 38.9 | 0% |
| United States | N/A | N/A | 263 | N/A | 0% |
| Others | 16.8 | 59.5 | 611 | 63.6 | 55.9% |
| Total | 282 | 893 | 2,331 | 1,524 | 75.5% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to the Netherlands in 2022:
- United States (undefined tons)
- Guatemala (77.7 tons)
- United Kingdom (12.3 tons)
- France (5.2 tons)
- Germany (3.9 tons)
- India (3.1 tons)
- Belgium (2.2 tons)
- Tanzania (1.8 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in the Netherlands.
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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 the Netherlands.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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,
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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
8546
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.
3980
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,
