Price for Spices; Ginger, Neither Crushed Nor Ground in Guatemala - 2023
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Guatemala (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in Guatemala (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Guatemala
- Exports of Spices; Ginger, Neither Crushed Nor Ground in Guatemala
Price for Spices; Ginger, Neither Crushed Nor Ground in Guatemala (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $1,235 per ton in 2022, falling by -4.7% against the previous year. In general, the import price recorded a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of 128%. Over the period under review, average import prices attained the peak figure at $5,968 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,891 per ton), while the price for Nicaragua ($539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.6%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Ginger, Neither Crushed Nor Ground in Guatemala (FOB) - 2022
In 2022, the average export price for spices; ginger, neither crushed nor ground amounted to $39 per ton, falling by -12.5% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 107% against the previous year. As a result, the export price attained the peak level of $347 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($162 per ton), while the average price for exports to Honduras stood at $29 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (-3.6%).
Imports of Spices; Ginger, Neither Crushed Nor Ground in Guatemala
For the fourth consecutive year, Guatemala recorded growth in purchases abroad of spices; ginger, neither crushed nor ground, which increased by 1.9% to 266 tons in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 641% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of spices; ginger, neither crushed nor ground declined to $328K in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 360%.
| Import of Spices; Ginger, Neither Crushed Nor Ground in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 3.2 | 48.6 | 162 | 267 | 337.0% |
| Spain | 22.5 | 32.6 | 60.2 | 37.0 | 18.0% |
| China | N/A | N/A | 2.6 | 13.0 | 400.0% |
| Costa Rica | 5.0 | 13.7 | 27.5 | 7.3 | 13.4% |
| Nicaragua | N/A | 15.9 | 6.9 | 0.4 | -84.1% |
| Peru | N/A | N/A | 47.9 | N/A | 0% |
| Others | 10.9 | 80.3 | 30.3 | 3.8 | -29.6% |
| Total | 41.5 | 191 | 338 | 328 | 99.2% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Guatemala in 2022:
- Honduras (241.8 tons)
- Costa Rica (8.1 tons)
- China (6.6 tons)
- Spain (5.4 tons)
- Nicaragua (0.7 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in Guatemala
In 2022, exports of spices; ginger, neither crushed nor ground from Guatemala surged to 1.8K tons, growing by 439% on 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; ginger, neither crushed nor ground surged to $72K in 2022. In general, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Ginger, Neither Crushed Nor Ground in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 0.2 | 8.7 | 9.0 | 51.0 | 534.1% |
| El Salvador | 36.7 | 23.0 | 6.1 | 5.9 | -45.6% |
| Others | 11.6 | N/A | N/A | 14.7 | 8.2% |
| Total | 48.5 | 31.6 | 15.2 | 71.6 | 13.9% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from Guatemala in 2022:
- Honduras (1777.4 tons)
- El Salvador (36.4 tons)
138
This report provides an in-depth analysis of the ginger market in Guatemala.
102
This report provides an in-depth analysis of the market for spices except pepper or ginger in Guatemala.
154
This report provides an in-depth analysis of the market for dog and cat food in Guatemala.
166
This report provides an in-depth analysis of the apricot market in Guatemala.
218
This report provides an in-depth analysis of the virgin olive oil market in Guatemala.
133
This report provides an in-depth analysis of the paint and varnish market in Guatemala.
168
This report provides an in-depth analysis of the olive oil market in Guatemala.
92
This report provides an in-depth analysis of the encased lead pencil market in Guatemala.
128
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Guatemala.
203
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Guatemala.
1304
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).
1138
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.
825
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
8009
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8696
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>
8020
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
12183
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
1717
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.
3505
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
