Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (CIF) - 2022
In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,023 per ton, dropping by -20.3% against the previous year. In general, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1.8%. Over the period under review, average import prices hit record highs at $5,306 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 China ($4,665 per ton), while the price for Turkey ($552 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (FOB) - 2022
The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $1,618 per ton in 2022, falling by -29.6% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 92%. Over the period under review, the average export prices hit record highs at $4,318 per ton in 2013; however, from 2014 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 Latvia ($6,411 per ton), while the average price for exports to Russia totaled $1,330 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+4.9%).
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus
For the fourth year in a row, Belarus recorded growth in supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground, which increased by 51% to 451 tons in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 53%. Over the period under review, imports of spices; fruits of genus capsicum or pimenta, crushed or ground hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground surged to $912K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 increased by +74.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37%. Over the period under review, imports of spices; fruits of genus capsicum or pimenta, crushed or ground reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 388 | 378 | 572 | 676 | 20.3% |
| Poland | 27.8 | 47.6 | 61.8 | 72.9 | 37.9% |
| Spain | 30.3 | 32.1 | 55.1 | 65.1 | 29.0% |
| China | 37.9 | 49.2 | 23.7 | 42.8 | 4.1% |
| Turkey | 2.6 | 1.0 | 6.3 | 7.4 | 41.7% |
| Others | 35.2 | 46.3 | 39.1 | 47.5 | 10.5% |
| Total | 522 | 554 | 758 | 912 | 20.4% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Belarus in 2022:
- Russia (381.7 tons)
- Spain (19.4 tons)
- Poland (15.7 tons)
- Turkey (13.4 tons)
- China (9.2 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus
Exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Belarus soared to 214 tons in 2022, picking up by 838% against 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground surged to $347K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.9 | 12.0 | 19.0 | 269 | 224.1% |
| Latvia | 0.2 | 0.8 | 5.5 | 77.9 | 630.3% |
| Lithuania | N/A | N/A | 24.3 | N/A | 0% |
| Others | N/A | 0.5 | 3.7 | N/A | 640.0% |
| Total | 8.1 | 13.3 | 52.5 | 347 | 249.9% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Belarus in 2022:
- Russia (202.2 tons)
- Latvia (12.1 tons)
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