Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (FOB) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (CIF) - 2022
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $10,683 per ton in 2022, with a decrease of -44.8% against the previous year. In general, the export price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 61%. Over the period under review, the average export prices attained the maximum at $19,345 per ton in 2021, and then reduced dramatically 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 France ($18,000 per ton), while the average price for exports to the Netherlands amounted to $10,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+87.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $89,750 per ton in 2022, picking up by 159% against the previous year. In general, the import price recorded a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($101,333 per ton), while the price for Guatemala stood at $55,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+8.8%).
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador
In 2022, approx. 4.1 tons of spices; cardamoms, neither crushed nor ground were exported from Ecuador; reducing by -56.2% on the year before. In general, exports showed a sharp decline. The smallest decline of -4.3% was in 2020.
In value terms, exports of spices; cardamoms, neither crushed nor ground declined sharply to $44K in 2022. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 42.0 | 0% |
| France | N/A | N/A | N/A | 1.8 | 0% |
| United States | 79.5 | 130 | 6.2 | N/A | -72.1% |
| United Arab Emirates | 73.6 | 21.4 | 54.0 | N/A | -14.3% |
| Egypt | N/A | N/A | 25.6 | N/A | 0% |
| Saudi Arabia | N/A | 23.7 | 87.0 | N/A | 267.1% |
| Others | N/A | N/A | 8.1 | N/A | 0% |
| Total | 153 | 175 | 181 | 43.8 | -34.1% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Ecuador in 2022:
- Netherlands (4.0 tons)
- France (0.1 tons)
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador
Imports of spices; cardamoms, neither crushed nor ground into Ecuador dropped significantly to 4 kg in 2022, with a decrease of -93.9% on the year before. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -51.1% was in 2020.
In value terms, imports of spices; cardamoms, neither crushed nor ground dropped notably to $359 in 2022. Overall, imports faced a precipitous curtailment. The smallest decline of -43.7% was in 2020.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Guatemala | 8.6 | 0.3 | N/A | 0.1 | -77.3% |
| Spain | 2.8 | 2.1 | 0.3 | N/A | -67.3% |
| Germany | 6.8 | 7.8 | 1.9 | N/A | -47.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.1 | 10.2 | 2.3 | 0.4 | -71.9% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Ecuador in 2022:
- United States (3.0 kg)
- Guatemala (1.0 kg)
406
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ecuador.
4071
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
406
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ecuador.
4071
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
8547
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
8547
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,
