Price for Spices; Mace, Crushed or Ground in Angola - 2022

Contents:

  1. Price for Spices; Mace, Crushed or Ground in Angola (CIF) - 2022
  2. Imports of Spices; Mace, Crushed or Ground in Angola

Price for Spices; Mace, Crushed or Ground in Angola (CIF) - 2022

The average import price for spices; mace, crushed or ground stood at $921 per ton in 2022, remaining constant against the previous year. In general, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. The import price peaked at $6,770 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2014 to 2022, the rate of growth in terms of prices for Portugal amounted to -8.9% per year.

Imports of Spices; Mace, Crushed or Ground in Angola

In 2022, purchases abroad of spices; mace, crushed or ground decreased by 0% to 1.6 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 211%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, spices; mace, crushed or ground imports totaled $1.5K in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 243%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Spices; Mace, Crushed or Ground in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa19.0254N/A1,460325.1%
Portugal62.0263N/AN/A324.2%
China8.0N/AN/AN/A0%
Others62.01.0N/AN/A-98.4%
Total151518N/A1,460113.0%

Top Suppliers of Spices; Mace, Crushed or Ground to Angola in 2022:

  1. South Africa (1.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; mace, crushed or ground - Angola