Price for Spices; Mace, Crushed or Ground in Austria - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Austria (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Austria (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Austria
- Exports of Spices; Mace, Crushed or Ground in Austria
Price for Spices; Mace, Crushed or Ground in Austria (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $27,571 per ton, with a decrease of -5.2% against the previous year. Overall, the import price, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2020 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $29,082 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($51,657 per ton), while the price for Germany ($27,241 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mace, Crushed or Ground in Austria (FOB) - 2022
In 2022, the average export price for spices; mace, crushed or ground amounted to $20,889 per ton, reducing by -21.5% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 28%. Over the period under review, the average export prices attained the peak figure at $36,254 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($47,289 per ton), while the average price for exports to Liechtenstein ($5,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liechtenstein (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Mace, Crushed or Ground in Austria
For the fourth consecutive year, Austria recorded growth in supplies from abroad of spices; mace, crushed or ground, which increased by 18% to 19 tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, spices; mace, crushed or ground imports rose significantly to $514K in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 84% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Spices; Mace, Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.6 | 327 | 410 | 477 | 135.3% |
| Netherlands | N/A | N/A | 42.5 | 36.3 | -14.6% |
| Indonesia | 27.9 | 0.8 | 1.5 | 1.0 | -67.0% |
| Grenada | 59.9 | N/A | N/A | N/A | 0% |
| Guatemala | 29.6 | N/A | N/A | N/A | 0% |
| Others | 25.3 | 1.0 | 6.0 | N/A | -51.3% |
| Total | 179 | 329 | 460 | 514 | 42.1% |
Top Suppliers of Spices; Mace, Crushed or Ground to Austria in 2022:
- Indonesia (undefined tons)
- Germany (17.5 tons)
- Netherlands (1.1 tons)
Exports of Spices; Mace, Crushed or Ground in Austria
In 2022, the amount of spices; mace, crushed or ground exported from Austria soared to 2.3 tons, jumping by 94% on the previous year. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; mace, crushed or ground exports soared to $48K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Mace, Crushed or Ground in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 0.6 | 2.5 | 13.7 | 67.8% |
| Peru | 3.7 | 3.1 | 7.8 | 12.3 | 49.2% |
| Switzerland | 6.7 | 9.3 | 12.5 | 10.7 | 16.9% |
| Liechtenstein | N/A | N/A | 0.7 | 4.0 | 471.4% |
| Italy | 1.6 | 0.5 | 1.4 | 1.8 | 4.0% |
| South Africa | 1.5 | 0.5 | 1.2 | 1.3 | -4.7% |
| Hungary | 0.3 | 0.5 | 1.2 | 0.9 | 44.2% |
| Croatia | N/A | 2.7 | 0.1 | 0.1 | -80.8% |
| United Kingdom | N/A | 5.5 | N/A | N/A | 0% |
| Others | 2.3 | 3.6 | 4.1 | 3.3 | 12.8% |
| Total | 19.0 | 26.4 | 31.5 | 48.1 | 36.3% |
Top Export Markets for Spices; Mace, Crushed or Ground from Austria in 2022:
- Liechtenstein (755.0 kg)
- Germany (637.0 kg)
- Peru (367.0 kg)
- Switzerland (226.0 kg)
- Hungary (83.0 kg)
- Italy (82.0 kg)
- South Africa (44.0 kg)
- Croatia (5.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Austria.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Austria.
4097
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3876
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
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In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
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Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3876
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8558
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3993
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
