Price for Spices; Ginger, Crushed or Ground in the Netherlands - 2023
Contents:
- Price for Spices; Ginger, Crushed or Ground in the Netherlands (FOB) - 2023
- Price for Spices; Ginger, Crushed or Ground in the Netherlands (CIF) - 2023
- Exports of Spices; Ginger, Crushed or Ground in the Netherlands
- Imports of Spices; Ginger, Crushed or Ground in the Netherlands
Price for Spices; Ginger, Crushed or Ground in the Netherlands (FOB) - 2023
In June 2023, the average export price for spices; ginger, crushed or ground amounted to $4,551 per ton, surging by 8.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 12% against the previous month. As a result, the export price attained the peak level of $5,051 per ton. From May 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($8,097 per ton), while the average price for exports to Portugal ($2,785 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Ginger, Crushed or Ground in the Netherlands (CIF) - 2023
The average import price for spices; ginger, crushed or ground stood at $3,873 per ton in June 2023, surging by 36% against the previous month. Over the period under review, the import price, however, continues to indicate a slight descent. The import price peaked at $4,477 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($14,729 per ton), while the price for Belgium ($2,412 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Ginger, Crushed or Ground in the Netherlands
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; ginger, crushed or ground, when their volume decreased by -22.1% to 1.6K tons. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 98%.
In value terms, spices; ginger, crushed or ground exports reduced dramatically to $8.1M in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 91%.
| Export of Spices; Ginger, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 930 | 2,094 | 4,002 | 2,486 | 38.8% |
| Belgium | 337 | 676 | 731 | 894 | 38.4% |
| France | 290 | 383 | 769 | 692 | 33.6% |
| Sweden | 80.4 | 270 | 523 | 569 | 92.0% |
| United Kingdom | 988 | 1,465 | 564 | 558 | -17.3% |
| Egypt | 250 | 337 | 517 | 333 | 10.0% |
| United States | 24.2 | 145 | 76.3 | 302 | 132.0% |
| Italy | 143 | 80.3 | 234 | 232 | 17.5% |
| Croatia | 1.8 | 3.1 | 175 | 220 | 396.3% |
| Austria | 97.1 | 535 | 499 | 218 | 30.9% |
| Poland | 23.6 | 267 | 315 | 213 | 108.2% |
| Denmark | 92.7 | 138 | 144 | 151 | 17.7% |
| Trinidad and Tobago | 73.4 | 201 | 126 | 150 | 26.9% |
| Others | 675 | 1,056 | 1,187 | 1,080 | 17.0% |
| Total | 4,007 | 7,651 | 9,864 | 8,099 | 26.4% |
Top Export Markets for Spices; Ginger, Crushed or Ground from the Netherlands in 2022:
- Germany (545.9 tons)
- Belgium (168.8 tons)
- France (137.4 tons)
- United Kingdom (128.0 tons)
- Sweden (89.7 tons)
- United States (55.9 tons)
- Egypt (46.4 tons)
- Poland (42.3 tons)
- Austria (41.7 tons)
- Croatia (41.4 tons)
- Italy (39.4 tons)
- Trinidad and Tobago (29.0 tons)
- Denmark (28.3 tons)
Imports of Spices; Ginger, Crushed or Ground in the Netherlands
In 2022, supplies from abroad of spices; ginger, crushed or ground decreased by -8% to 1.9K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 106% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; ginger, crushed or ground imports shrank modestly to $8M in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 95%.
| Import of Spices; Ginger, Crushed or Ground in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 27.1 | 1,998 | 3,027 | 2,449 | 348.8% |
| China | 690 | 1,700 | 1,325 | 1,620 | 32.9% |
| India | 1,008 | 623 | 1,578 | 1,101 | 3.0% |
| Vietnam | 549 | 216 | 866 | 798 | 13.3% |
| United Kingdom | 123 | 387 | 10.9 | 584 | 68.1% |
| Spain | 0.1 | 104 | 342 | 368 | 1443.9% |
| Germany | 78.3 | 215 | 206 | 315 | 59.0% |
| Belgium | 169 | 375 | 310 | 189 | 3.8% |
| Others | 389 | 295 | 599 | 595 | 15.2% |
| Total | 3,034 | 5,912 | 8,265 | 8,019 | 38.3% |
Top Suppliers of Spices; Ginger, Crushed or Ground to the Netherlands in 2022:
- China (541.7 tons)
- Nigeria (537.1 tons)
- India (223.6 tons)
- Vietnam (169.2 tons)
- United Kingdom (132.4 tons)
- Spain (89.6 tons)
- Germany (62.4 tons)
- Belgium (43.7 tons)
2008
This report provides an in-depth analysis of the ginger market in the Netherlands.
130
This report provides an in-depth analysis of the market for spices except pepper or ginger in the Netherlands.
382
This report provides an in-depth analysis of the olive oil market in the Netherlands.
705
This report provides an in-depth analysis of the paint and varnish market in the Netherlands.
1077
This report provides an in-depth analysis of the virgin olive oil market in the Netherlands.
777
This report provides an in-depth analysis of the market for dog and cat food in the Netherlands.
681
This report provides an in-depth analysis of the apricot market in the Netherlands.
256
This report provides an in-depth analysis of the wood fuel (coniferous) market in the Netherlands.
308
This report provides an in-depth analysis of the market for urea and thiourea resins in the Netherlands.
314
This report provides an in-depth analysis of the encased lead pencil market in the Netherlands.
433
In May 2023, the price of Ginger was $3,564 per ton (FOB, Netherlands), experiencing a growth of 1.9% compared to the previous month.
41
Imports of Diphosphorus Pentaoxide peaked at 4.6K tons before experiencing a significant decline in the subsequent year. In terms of value, the imports plummeted to $3.3M in 2023.
281
In June 2023, the price of Diphosphorus Pentaoxide was $2,619 per ton (CIF, Netherlands), representing a decrease of 26.6% compared to the previous month.
1297
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).
1137
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.
823
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
8008
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8695
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1419
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>
8019
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
