Price for Spices; Cardamoms, Neither Crushed Nor Ground in Poland - 2023

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Poland (CIF) - 2022
  2. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Poland (FOB) - 2022
  3. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Poland
  4. Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Poland

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Poland (CIF) - 2022

The average import price for spices; cardamoms, neither crushed nor ground stood at $21,388 per ton in 2022, rising by 12% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 44% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($31,467 per ton), while the price for Germany ($6,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Poland (FOB) - 2022

The average export price for spices; cardamoms, neither crushed nor ground stood at $22,438 per ton in 2022, which is down by -7.8% against the previous year. In general, the export price, however, showed a temperate increase. The growth pace was the most rapid in 2019 when the average export price increased by 56%. The export price peaked at $26,563 per ton in 2020; however, from 2021 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 France ($32,920 per ton), while the average price for exports to Romania ($13,676 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 Bulgaria (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Poland

In 2022, imports of spices; cardamoms, neither crushed nor ground into Poland surged to 41 tons, jumping by 20% on the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 decreased by -13.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. As a result, imports reached the peak of 48 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of spices; cardamoms, neither crushed nor ground surged to $887K in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 154%. As a result, imports attained the peak of $951K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France11314125364678.8%
Guatemala210135180112-18.9%
Netherlands1.57.916377.7272.8%
EcuadorN/AN/AN/A9.20%
Vietnam7.71.95.48.53.3%
Germany25.91.136.75.9-38.9%
Others16.466420.928.219.8%
Total37495165888733.4%

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Poland in 2022:

  1. France (20.5 tons)
  2. Guatemala (8.5 tons)
  3. Netherlands (8.0 tons)
  4. Vietnam (1.2 tons)
  5. Germany (0.9 tons)
  6. Ecuador (0.7 tons)

Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Poland

In 2022, overseas shipments of spices; cardamoms, neither crushed nor ground decreased by -36% to 3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of spices; cardamoms, neither crushed nor ground fell sharply to $67K in 2022. Overall, exports faced a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 129% against the previous year. As a result, the exports reached the peak of $306K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Spices; Cardamoms, Neither Crushed Nor Ground in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.74.09.614.0171.4%
France10.30.10.711.94.9%
Hungary14.40.318.511.2-8.0%
Germany1.835.715.47.863.0%
Czech Republic12.668.017.87.4-16.3%
AustriaN/A1.74.75.173.2%
Romania43.132.50.63.3-57.5%
Lithuania1.311.529.61.30.0%
Latvia38.31341.60.4-78.1%
Others11.119.115.24.6-25.4%
Total13430611467.0-20.6%

Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Poland in 2022:

  1. Italy (745.0 kg)
  2. Czech Republic (431.0 kg)
  3. Hungary (388.0 kg)
  4. France (361.0 kg)
  5. Germany (352.0 kg)
  6. Romania (238.0 kg)
  7. Austria (187.0 kg)
  8. Lithuania (96.0 kg)
  9. Latvia (27.0 kg)

Source: IndexBox Market Intelligence Platform

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