Price for Spices; Ginger, Neither Crushed Nor Ground in Chile - 2024
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Chile
- Exports of Spices; Ginger, Neither Crushed Nor Ground in Chile
Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $320 per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by 58% against the previous year. The import price peaked at $545 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +3.5% per year.
Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (FOB) - 2022
The average export price for spices; ginger, neither crushed nor ground stood at $1,749 per ton in 2022, with a decrease of -35.1% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. As a result, the export price reached the peak level of $2,935 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +13.5% per year.
Imports of Spices; Ginger, Neither Crushed Nor Ground in Chile
In 2022, supplies from abroad of spices; ginger, neither crushed nor ground decreased by -32.2% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; ginger, neither crushed nor ground fell significantly to $394K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 20%.
Import of Spices; Ginger, Neither Crushed Nor Ground in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | 439 | 549 | 544 | 382 | -4.5% |
Others | 38.7 | 25.7 | 39.7 | 11.3 | -33.7% |
Total | 478 | 575 | 584 | 394 | -6.2% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Chile in 2022:
- Peru (1226.1 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in Chile
In 2022, exports of spices; ginger, neither crushed nor ground from Chile dropped rapidly to 4.4 tons, shrinking by -77.5% on the previous year. Over the period under review, exports recorded a precipitous setback. The smallest decline of -15% was in 2021.
In value terms, exports of spices; ginger, neither crushed nor ground declined remarkably to $7.8K in 2022. In general, exports faced a precipitous setback. The smallest decline of -10.3% was in 2020.
Export of Spices; Ginger, Neither Crushed Nor Ground in Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Peru | N/A | 0.7 | 3.2 | 7.8 | 233.8% |
Spain | N/A | N/A | 8.3 | N/A | 0% |
Switzerland | 2.3 | 4.0 | 2.6 | N/A | 6.3% |
Ireland | 10.1 | 2.7 | 2.9 | N/A | -46.4% |
Morocco | N/A | N/A | 4.4 | N/A | 0% |
France | 6.1 | 5.3 | 2.2 | N/A | -39.9% |
Sudan | 6.2 | 7.1 | 3.9 | N/A | -20.7% |
Netherlands | 44.5 | 42.3 | 19.3 | N/A | -34.1% |
Others | 6.8 | 6.2 | 6.5 | N/A | -2.2% |
Total | 76.1 | 68.2 | 53.3 | 7.8 | -53.2% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from Chile in 2022:
- Peru (4.4 tons)
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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.