Price for Spices; Ginger, Crushed or Ground in Croatia - 2023
Contents:
- Price for Spices; Ginger, Crushed or Ground in Croatia (CIF) - 2022
- Price for Spices; Ginger, Crushed or Ground in Croatia (FOB) - 2022
- Imports of Spices; Ginger, Crushed or Ground in Croatia
- Exports of Spices; Ginger, Crushed or Ground in Croatia
Price for Spices; Ginger, Crushed or Ground in Croatia (CIF) - 2022
In 2022, the average import price for spices; ginger, crushed or ground amounted to $5,404 per ton, picking up by 8.4% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The growth pace was the most rapid in 2014 when the average import price increased by 57%. As a result, import price attained the peak level of $9,121 per ton. From 2015 to 2022, the average import prices remained at a 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 Austria ($10,278 per ton), while the price for Poland ($3,387 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Ginger, Crushed or Ground in Croatia (FOB) - 2022
In 2022, the average export price for spices; ginger, crushed or ground amounted to $4,923 per ton, with a decrease of -25.4% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $22,392 per ton. From 2014 to 2022, the average 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 North Macedonia ($9,986 per ton), while the average price for exports to India ($2,977 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 Canada (+7.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Ginger, Crushed or Ground in Croatia
In 2022, supplies from abroad of spices; ginger, crushed or ground decreased by -15.7% to 71 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 293%. As a result, imports reached the peak of 84 tons, and then fell dramatically in the following year.
In value terms, spices; ginger, crushed or ground imports dropped to $381K in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 292% against the previous year. As a result, imports attained the peak of $418K, and then fell in the following year.
Import of Spices; Ginger, Crushed or Ground in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 0.2 | 0.5 | 126 | 284 | 1024.0% |
Germany | 39.0 | 45.6 | 71.8 | 40.7 | 1.4% |
Austria | 24.6 | 32.3 | 38.4 | 26.5 | 2.5% |
Italy | 2.7 | 2.9 | 4.5 | 6.0 | 30.5% |
Poland | 4.2 | 5.7 | 6.8 | 5.7 | 10.7% |
Bulgaria | 0.6 | 0.8 | 84.0 | 4.8 | 100.0% |
Netherlands | 7.1 | 10.6 | 67.8 | 3.1 | -24.1% |
Others | 10.4 | 8.2 | 18.0 | 10.4 | 0.0% |
Total | 88.7 | 106 | 418 | 381 | 62.6% |
Top Suppliers of Spices; Ginger, Crushed or Ground to Croatia in 2022:
- Nigeria (53.7 tons)
- Germany (8.4 tons)
- Austria (2.6 tons)
- Poland (1.7 tons)
- Italy (1.4 tons)
- Bulgaria (0.6 tons)
- Netherlands (0.4 tons)
Exports of Spices; Ginger, Crushed or Ground in Croatia
For the fourth year in a row, Croatia recorded growth in shipments abroad of spices; ginger, crushed or ground, which increased by 47% to 36 tons in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; ginger, crushed or ground exports rose markedly to $178K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Spices; Ginger, Crushed or Ground in Croatia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 58.7 | 54.5 | 83.6 | 62.1 | 1.9% |
Albania | 0.4 | 2.2 | 0.5 | 54.6 | 414.9% |
Bosnia and Herzegovina | 17.9 | 26.4 | 24.4 | 18.4 | 0.9% |
Slovenia | 12.9 | 15.5 | 18.6 | 14.7 | 4.5% |
North Macedonia | 7.2 | 11.5 | 9.1 | 7.2 | 0.0% |
Kosovo | N/A | 10.5 | 11.9 | 6.6 | -20.7% |
Canada | N/A | 0.5 | N/A | 3.6 | 168.3% |
Others | 10.1 | 3.5 | 13.6 | 10.8 | 2.3% |
Total | 107 | 125 | 162 | 178 | 18.5% |
Top Export Markets for Spices; Ginger, Crushed or Ground from Croatia in 2022:
- India (20.9 tons)
- Albania (6.9 tons)
- Bosnia and Herzegovina (3.3 tons)
- Slovenia (1.5 tons)
- Kosovo (1.2 tons)
- Canada (0.9 tons)
- North Macedonia (0.7 tons)
This report provides an in-depth analysis of the ginger market in Croatia.
This report provides an in-depth analysis of the market for spices except pepper or ginger in Croatia.
This report provides an in-depth analysis of the olive oil market in Croatia.
This report provides an in-depth analysis of the paint and varnish market in Croatia.
This report provides an in-depth analysis of the virgin olive oil market in Croatia.
This report provides an in-depth analysis of the market for dog and cat food in Croatia.
This report provides an in-depth analysis of the apricot market in Croatia.
This report provides an in-depth analysis of the market for urea and thiourea resins in Croatia.
This report provides an in-depth analysis of the encased lead pencil market in Croatia.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Croatia.
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.