Price for Spices; Mace, Crushed or Ground in Costa Rica - 2022
Contents:
- Price for Spices; Mace, Crushed or Ground in Costa Rica (FOB) - 2022
- Price for Spices; Mace, Crushed or Ground in Costa Rica (CIF) - 2022
- Exports of Spices; Mace, Crushed or Ground in Costa Rica
- Imports of Spices; Mace, Crushed or Ground in Costa Rica
Price for Spices; Mace, Crushed or Ground in Costa Rica (FOB) - 2022
In 2022, the average export price for spices; mace, crushed or ground amounted to $4,739 per ton, which is down by -2.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 92% against the previous year. The export price peaked at $22,350 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($6,819 per ton), while the average price for exports to Panama stood at $3,937 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Spices; Mace, Crushed or Ground in Costa Rica (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $5,956 per ton, waning by -38.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 50%. The import price peaked at $18,459 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.3% per year.
Exports of Spices; Mace, Crushed or Ground in Costa Rica
In 2022, spices; mace, crushed or ground exports from Costa Rica soared to 2.4 tons, rising by 720% against 2021 figures. Overall, exports enjoyed significant growth. 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 skyrocketed to $11K in 2022. In general, exports showed temperate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Mace, Crushed or Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 0.7 | 0.1 | 0.7 | 7.4 | 119.5% |
| Honduras | 1.5 | 0.2 | 0.2 | 3.6 | 33.9% |
| Guatemala | 1.6 | 0.2 | 0.1 | N/A | -75.0% |
| Netherlands | 6.3 | 0.7 | 0.4 | N/A | -74.8% |
| Others | 0.7 | N/A | N/A | 0.5 | -10.6% |
| Total | 10.8 | 1.3 | 1.4 | 11.4 | 1.8% |
Top Export Markets for Spices; Mace, Crushed or Ground from Costa Rica in 2022:
- Panama (1875.0 kg)
- Honduras (525.0 kg)
Imports of Spices; Mace, Crushed or Ground in Costa Rica
For the third year in a row, Costa Rica recorded decline in purchases abroad of spices; mace, crushed or ground, which decreased by -10.2% to 574 kg in 2022. Over the period under review, imports showed a abrupt decline.
In value terms, spices; mace, crushed or ground imports fell notably to $3.4K in 2022. Overall, imports saw a precipitous decline. The smallest decline of -17.3% was in 2021.
| Import of Spices; Mace, Crushed or Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.1 | 2.6 | 2.5 | 3.4 | -21.8% |
| United States | 3.1 | 1.9 | 1.5 | N/A | -30.4% |
| Others | N/A | 3.1 | 2.2 | N/A | -29.0% |
| Total | 10.2 | 7.5 | 6.2 | 3.4 | -30.7% |
Top Suppliers of Spices; Mace, Crushed or Ground to Costa Rica in 2022:
- Spain (574.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Costa Rica.
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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 Costa Rica.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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,
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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
8546
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.
3980
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,
