Price for Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $16,844 per ton in 2022, dropping by -15.2% against the previous year. Overall, the import price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2013 an increase of 65% against the previous year. As a result, import price reached the peak level of $21,444 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($17,488 per ton), while the price for India stood at $16,353 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+27.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan
In 2022, imports of spices; cardamoms, neither crushed nor ground into Azerbaijan skyrocketed to 25 tons, with an increase of 87% against 2021 figures. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 191%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of spices; cardamoms, neither crushed nor ground surged to $420K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 286% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4.6 | 22.5 | 56.9 | 236 | 271.6% |
| Guatemala | 24.4 | 12.7 | 28.8 | 181 | 95.0% |
| United Arab Emirates | 58.3 | 31.6 | 175 | N/A | 73.3% |
| Others | 0.7 | 1.7 | 4.5 | 2.7 | 56.8% |
| Total | 88.0 | 68.6 | 265 | 420 | 68.4% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Azerbaijan in 2022:
- India (14.4 tons)
- Guatemala (10.3 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
438
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
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,
