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

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Uruguay (CIF) - 2022
  2. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Uruguay

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

The average import price for spices; cardamoms, neither crushed nor ground stood at $18,413 per ton in 2022, reducing by -15% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 84%. As a result, import price attained the peak level of $22,671 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +9.5% per year.

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

In 2022, the amount of spices; cardamoms, neither crushed nor ground imported into Uruguay dropped notably to 1.4 tons, with a decrease of -43.4% against the year before. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 443%. As a result, imports reached the peak of 2.5 tons, and then contracted dramatically in the following year.

In value terms, imports of spices; cardamoms, neither crushed nor ground shrank dramatically to $26K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 418%. As a result, imports reached the peak of $54K, and then dropped markedly in the following year.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.19.736.725.836.7%
EgyptN/AN/A16.0N/A0%
Others0.40.70.9N/A50.0%
Total10.510.353.625.834.9%

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

  1. India (1.4 tons)

Source: IndexBox Market Intelligence Platform

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