Price for Spices; Cardamoms, Crushed or Ground in Uganda - 2022

Contents:

  1. Price for Spices; Cardamoms, Crushed or Ground in Uganda (FOB) - 2022
  2. Price for Spices; Cardamoms, Crushed or Ground in Uganda (CIF) - 2022
  3. Exports of Spices; Cardamoms, Crushed or Ground in Uganda
  4. Imports of Spices; Cardamoms, Crushed or Ground in Uganda

Price for Spices; Cardamoms, Crushed or Ground in Uganda (FOB) - 2022

The average export price for spices; cardamoms, crushed or ground stood at $20,145 per ton in 2022, increasing by 14% against the previous year. In general, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2015 an increase of 79% against the previous year. As a result, the export price attained the peak level of $76,760 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +14.0% per year.

Price for Spices; Cardamoms, Crushed or Ground in Uganda (CIF) - 2022

The average import price for spices; cardamoms, crushed or ground stood at $15,441 per ton in 2022, jumping by 15% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 79%. The import price peaked at $18,618 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Kenya ($103,000 per ton), while the price for the United Arab Emirates ($4,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Spices; Cardamoms, Crushed or Ground in Uganda

In 2022, approx. 586 kg of spices; cardamoms, crushed or ground were exported from Uganda; waning by -31.9% on 2021 figures. Overall, exports recorded a dramatic contraction.

In value terms, spices; cardamoms, crushed or ground exports declined dramatically to $12K in 2022. Over the period under review, exports recorded a precipitous setback.

Export of Spices; Cardamoms, Crushed or Ground in Uganda (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
India14.211.8-16.9%
South Sudan0.6N/A0%
Others0.4N/A0%
Total15.211.8-22.4%

Top Export Markets for Spices; Cardamoms, Crushed or Ground from Uganda in 2022:

  1. India (586.0 kg)

Imports of Spices; Cardamoms, Crushed or Ground in Uganda

In 2022, after three years of growth, there was significant decline in purchases abroad of spices; cardamoms, crushed or ground, when their volume decreased by -33.7% to 315 kg. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 147%.

In value terms, spices; cardamoms, crushed or ground imports fell remarkably to $4.9K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 149% against the previous year.

Import of Spices; Cardamoms, Crushed or Ground in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuatemalaN/AN/AN/A4.60%
United Arab Emirates0.10.61.00.10.0%
India0.60.80.30.1-45.0%
Kenya0.52.04.90.1-41.5%
Thailand0.1N/AN/AN/A0%
Others0.1N/A0.2N/A41.4%
Total1.43.46.44.951.8%

Top Suppliers of Spices; Cardamoms, Crushed or Ground to Uganda in 2022:

  1. Guatemala (295.0 kg)
  2. United Arab Emirates (15.0 kg)
  3. India (4.0 kg)
  4. Kenya (1.0 kg)

Source: IndexBox Market Intelligence Platform

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