Price for Spices; Cardamoms, Neither Crushed Nor Ground in Belgium - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $20,755 per ton, remaining constant against the previous year. Overall, the import price showed a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 78%. As a result, import price attained the peak level of $29,162 per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 France ($73,833 per ton), while the price for the Netherlands ($6,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $35,332 per ton, increasing by 45% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for spices; cardamoms, neither crushed nor ground decreased by -9.1% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 49%. The export price peaked at $38,872 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($69,038 per ton), while the average price for exports to the UK ($18,536 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 South Korea (+65.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium
In 2022, approx. 5.5 tons of spices; cardamoms, neither crushed nor ground were imported into Belgium; with a decrease of -36.5% against 2021 figures. Overall, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 161% against the previous year. As a result, imports reached the peak of 8.6 tons, and then dropped notably in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground dropped notably to $113K in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of $178K, and then declined rapidly in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 1.9 | 15.6 | 28.1 | 284.6% |
| Guatemala | N/A | N/A | 2.0 | 15.3 | 665.0% |
| France | 16.4 | 28.4 | 26.3 | 12.8 | -7.9% |
| Netherlands | 27.6 | 7.6 | 16.4 | 12.2 | -23.8% |
| Germany | 9.0 | 25.1 | 27.0 | 10.0 | 3.6% |
| Cambodia | N/A | N/A | 7.1 | 8.7 | 22.5% |
| Austria | 9.6 | 9.9 | 12.2 | 8.4 | -4.4% |
| Spain | 24.9 | 13.5 | 14.1 | 6.9 | -34.8% |
| United Kingdom | 6.7 | 8.1 | N/A | 0.1 | -75.4% |
| United Arab Emirates | N/A | N/A | 38.6 | N/A | 0% |
| Others | 2.2 | 1.6 | 18.6 | 11.0 | 71.0% |
| Total | 96.4 | 96.2 | 178 | 113 | 5.4% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Belgium in 2022:
- Netherlands (1929.0 kg)
- Guatemala (1119.0 kg)
- India (918.0 kg)
- Germany (430.0 kg)
- Austria (194.0 kg)
- France (174.0 kg)
- Cambodia (172.0 kg)
- Spain (167.0 kg)
- United Kingdom (7.0 kg)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; cardamoms, neither crushed nor ground, when their volume decreased by -84.9% to 1.1 tons. Overall, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 196% against the previous year. As a result, the exports reached the peak of 7.4 tons, and then shrank markedly in the following year.
In value terms, exports of spices; cardamoms, neither crushed nor ground shrank remarkably to $40K in 2022. In general, exports saw a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 99% against the previous year. As a result, the exports attained the peak of $181K, and then contracted markedly in the following year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.9 | 7.6 | 47.8 | 25.8 | 55.2% |
| United Kingdom | 56.7 | 39.3 | 72.6 | 8.5 | -46.9% |
| Ukraine | 0.2 | 0.2 | 0.9 | 1.8 | 108.0% |
| Morocco | 3.3 | 10.1 | 29.2 | 1.7 | -19.8% |
| Netherlands | 7.3 | 25.2 | 25.1 | 0.3 | -65.5% |
| Germany | 9.1 | 3.8 | 0.9 | 0.2 | -72.0% |
| Others | 0.4 | 5.1 | 4.6 | 1.4 | 51.8% |
| Total | 83.9 | 91.2 | 181 | 39.7 | -22.1% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Belgium in 2022:
- France (558.0 kg)
- United Kingdom (459.0 kg)
- Morocco (34.0 kg)
- Ukraine (26.0 kg)
- Netherlands (9.0 kg)
- Germany (6.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belgium.
4152
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 Belgium.
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,
