Price for Spices; Cardamoms, Neither Crushed Nor Ground in Finland - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Finland (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Finland (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Finland
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Finland
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Finland (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $14,536 per ton in 2022, which is down by -45.5% against the previous year. In general, the import price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2016 an increase of 57%. Over the period under review, average import prices reached the peak figure at $33,296 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($14,373 per ton), while the price for Germany amounted to $14,362 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+4.3%).
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Finland (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $13,778 per ton in 2022, dropping by -59.7% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 375% against the previous year. Over the period under review, the average export prices reached the peak figure at $68,286 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($13,614 per ton), while the average price for exports to the Netherlands amounted to $13,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-3.6%).
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Finland
In 2022, approx. 189 tons of spices; cardamoms, neither crushed nor ground were imported into Finland; rising by 19% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground reduced rapidly to $2.8M in 2022. In general, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 7.8% against the previous year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 3.6 | 3.8 | 3.9 | 2.7 | -9.1% |
| Germany | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 3.8 | 4.1 | 4.2 | 2.8 | -9.7% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Finland in 2022:
- Guatemala (186.2 tons)
- Germany (2.6 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Finland
In 2022, approx. 13 tons of spices; cardamoms, neither crushed nor ground were exported from Finland; picking up by 9,901% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cardamoms, neither crushed nor ground soared to $183K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 48.0 | N/A | 0.2 | 179 | 55.1% |
| Netherlands | 32.1 | N/A | 0.1 | 0.1 | -85.4% |
| Others | 0.8 | 3.8 | 4.2 | 4.0 | 71.0% |
| Total | 81.0 | 3.8 | 4.5 | 183 | 31.2% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Finland in 2022:
- Sweden (13.2 tons)
594
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Finland.
4149
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
594
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Finland.
4149
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3897
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.
4025
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,
3897
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.
4025
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,
