Price for Spices; Cardamoms, Neither Crushed Nor Ground in Israel - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Israel (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Israel (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Israel
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Israel
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Israel (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $14,361 per ton in 2022, dropping by -37.2% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the maximum at $23,421 per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 ($14,361 per ton), while the price for the United Arab Emirates ($14,360 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Israel (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $13,608 per ton in 2022, dropping by -38.3% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth was the most pronounced in 2015 an increase of 96%. Over the period under review, the average export prices attained the peak figure at $25,876 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +30.9% per year.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Israel
In 2022, the amount of spices; cardamoms, neither crushed nor ground imported into Israel soared to 254 tons, jumping by 56% compared with 2021. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground contracted slightly to $3.6M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 46%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 1,994 | 2,714 | 2,531 | 3,311 | 18.4% |
| India | 52.3 | 75.2 | 162 | 191 | 54.0% |
| United Arab Emirates | N/A | 49.8 | 305 | 80.0 | 26.7% |
| Palestine | 211 | 459 | 311 | N/A | 21.4% |
| Germany | 250 | 155 | 2.9 | N/A | -89.2% |
| France | 113 | 217 | 176 | N/A | 24.8% |
| Honduras | 101 | 139 | 158 | N/A | 25.1% |
| Turkey | 62.0 | 239 | 37.3 | N/A | -22.4% |
| Others | 22.1 | 60.4 | 43.1 | 65.0 | 43.3% |
| Total | 2,806 | 4,109 | 3,726 | 3,647 | 9.1% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Israel in 2022:
- Guatemala (230.6 tons)
- India (13.3 tons)
- United Arab Emirates (5.6 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Israel
In 2022, exports of spices; cardamoms, neither crushed nor ground from Israel declined rapidly to 3 tons, reducing by -37.4% against the year before. Overall, exports showed a sharp slump. The smallest decline of -27.3% was in 2021.
In value terms, exports of spices; cardamoms, neither crushed nor ground contracted markedly to $41K in 2022. Over the period under review, exports saw a precipitous setback. The smallest decline of -38% was in 2021.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 6.7 | 41.0 | 511.9% |
| Palestine | 311 | 171 | 90.5 | N/A | -46.1% |
| Others | 0.4 | 0.6 | 8.9 | N/A | 371.7% |
| Total | 311 | 171 | 106 | 41.0 | -49.1% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Israel in 2022:
- United States (3.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Israel.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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,
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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
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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,
