Price for Spices; Cardamoms, Neither Crushed Nor Ground in Uganda - 2022

Contents:

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

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

In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $10,316 per ton, dropping by -10.4% against the previous year. In general, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 106%. As a result, import price attained the peak level of $18,535 per ton. From 2019 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 India ($41,143 per ton), while the price for South Africa ($1,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $21,384 per ton, picking up by 2.2% against the previous year. Overall, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 41%. The export price peaked at $55,854 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($21,739 per ton), while the average price for exports to the Netherlands ($12,000 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 the UK (-2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of spices; cardamoms, neither crushed nor ground, when their volume increased by 234% to 1.2 tons. Over the period under review, imports, however, saw a perceptible curtailment.

In value terms, imports of spices; cardamoms, neither crushed nor ground surged to $13K in 2022. Overall, imports, however, recorded a abrupt setback.

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

1. United Arab Emirates (920.0 kg)
2. Guatemala (153.0 kg)
3. China (112.0 kg)
4. South Africa (31.0 kg)
5. India (7.0 kg)

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

In 2022, shipments abroad of spices; cardamoms, neither crushed nor ground was finally on the rise to reach 86 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a noticeable shrinkage.

In value terms, exports of spices; cardamoms, neither crushed nor ground rose markedly to $1.8K in 2022. In general, exports, however, continue to indicate a deep reduction.

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

1. United Kingdom (46.0 kg)
2. India (39.0 kg)

Source: IndexBox Market Intelligence Platform