Price for Spices; Ginger, Neither Crushed Nor Ground in Bolivia - 2022
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Bolivia (CIF) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Bolivia
Price for Spices; Ginger, Neither Crushed Nor Ground in Bolivia (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $7,974 per ton in 2022, picking up by 3.3% against the previous year. Overall, the import price recorded a significant increase. The pace of growth was the most pronounced in 2016 an increase of 309%. The import price peaked at $11,211 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.1% per year.
Imports of Spices; Ginger, Neither Crushed Nor Ground in Bolivia
Imports of spices; ginger, neither crushed nor ground into Bolivia reduced slightly to 38 kg in 2022, which is down by -2.6% against the year before. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 680% against the previous year. As a result, imports reached the peak of 39 kg, and then shrank in the following year.
In value terms, imports of spices; ginger, neither crushed nor ground totaled $303 in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 479% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Spices; Ginger, Neither Crushed Nor Ground in Bolivia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 106 | 52.0 | 6.0 | 303 | 41.9% |
| Chile | 107 | N/A | N/A | N/A | 0% |
| Brazil | N/A | N/A | 295 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 213 | 52.0 | 301 | 303 | 12.5% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Bolivia in 2022:
- United States (38.0 kg)
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