Price for Spices; Mace, Crushed or Ground in Bulgaria - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Bulgaria (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Bulgaria (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Bulgaria
- Exports of Spices; Mace, Crushed or Ground in Bulgaria
Price for Spices; Mace, Crushed or Ground in Bulgaria (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $29,174 per ton in 2022, waning by -5.4% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 70%. The import price peaked at $30,840 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($41,215 per ton), while the price for Austria ($16,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mace, Crushed or Ground in Bulgaria (FOB) - 2022
The average export price for spices; mace, crushed or ground stood at $7,719 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2014 when the average export price increased by 100% against the previous year. The export price peaked at $16,645 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +4.4% per year.
Imports of Spices; Mace, Crushed or Ground in Bulgaria
In 2022, purchases abroad of spices; mace, crushed or ground was finally on the rise to reach 144 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic downturn.
In value terms, spices; mace, crushed or ground imports expanded notably to $4.2K in 2022. Over the period under review, imports, however, showed a abrupt decline.
| Import of Spices; Mace, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 1.5 | 3.9 | 1.7 | 23.6% |
| France | 2.4 | N/A | N/A | 1.6 | -12.6% |
| Netherlands | 2.5 | 2.5 | N/A | 0.8 | -31.6% |
| Austria | N/A | N/A | N/A | 0.2 | 0% |
| United States | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 4.5 | 3.9 | 4.2 | -10.2% |
Top Suppliers of Spices; Mace, Crushed or Ground to Bulgaria in 2022:
- France (62.0 kg)
- Germany (41.0 kg)
- Netherlands (32.0 kg)
- Austria (9.0 kg)
Exports of Spices; Mace, Crushed or Ground in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; mace, crushed or ground, when their volume decreased by -33% to 268 kg. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 5,800% against the previous year.
In value terms, spices; mace, crushed or ground exports shrank notably to $2.1K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 8,342% against the previous year.
| Export of Spices; Mace, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 1.9 | 0% |
| Cyprus | N/A | N/A | 3.1 | N/A | 0% |
| Germany | N/A | 0.2 | N/A | N/A | 0% |
| Italy | N/A | 0.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.2 | 0% |
| Total | N/A | 1.0 | 3.1 | 2.1 | 44.9% |
Top Export Markets for Spices; Mace, Crushed or Ground from Bulgaria in 2022:
- Greece (266.0 kg)
- Germany (1.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bulgaria.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
380
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Bulgaria.
4149
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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,
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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
8591
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.
4025
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,
