Price for Spices; Cardamoms, Crushed or Ground in Ukraine - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Ukraine (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Ukraine (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Ukraine
- Exports of Spices; Cardamoms, Crushed or Ground in Ukraine
Price for Spices; Cardamoms, Crushed or Ground in Ukraine (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $19,174 per ton, which is down by -24.1% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 an increase of 125% against the previous year. The import price peaked at $25,558 per ton in 2020; however, from 2021 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 India ($25,019 per ton), while the price for Guatemala ($15,336 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Ukraine (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $40,830 per ton, shrinking by -18.5% against the previous year. Overall, export price indicated a notable expansion from 2014 to 2022: its price increased at an average annual rate of +2.8% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; cardamoms, crushed or ground export price increased by +60.9% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $50,089 per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($62,714 per ton), while the average price for exports to Moldova ($7,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Crushed or Ground in Ukraine
In 2022, after three years of growth, there was significant decline in supplies from abroad of spices; cardamoms, crushed or ground, when their volume decreased by -15.1% to 265 kg. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 101% against the previous year.
In value terms, spices; cardamoms, crushed or ground imports reduced notably to $5.1K in 2022. In general, imports, however, posted resilient growth. The growth pace was the most rapid in 2020 when imports increased by 145% against the previous year.
| Import of Spices; Cardamoms, Crushed or Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 2.8 | 4.7 | 2.6 | 37.5% |
| Guatemala | 0.7 | 2.0 | 3.2 | 2.1 | 44.2% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 1.3 | 2.5 | N/A | N/A | 92.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 7.2 | 7.9 | 5.1 | 19.3% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Ukraine in 2022:
- Guatemala (140.0 kg)
- India (105.0 kg)
- China (20.0 kg)
Exports of Spices; Cardamoms, Crushed or Ground in Ukraine
In 2022, the amount of spices; cardamoms, crushed or ground exported from Ukraine soared to 106 kg, rising by 18% compared with the previous year's figure. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 257% against the previous year. As a result, the exports attained the peak of 307 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; cardamoms, crushed or ground exports dropped slightly to $4.3K in 2022. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 308% against the previous year. As a result, the exports reached the peak of $11K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Cardamoms, Crushed or Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | 8.2 | 1.0 | 2.6 | -43.7% |
| Georgia | 0.3 | 2.1 | 2.5 | 1.8 | 81.7% |
| Moldova | 1.4 | 0.6 | 0.6 | N/A | -34.5% |
| Estonia | 0.9 | 0.3 | 0.3 | N/A | -42.3% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 2.7 | 11.2 | 4.5 | 4.3 | 16.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Ukraine in 2022:
- Azerbaijan (77.0 kg)
- Georgia (28.0 kg)
- Moldova (1.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ukraine.
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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 Ukraine.
4070
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
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,
3857
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,
