Price for Spices; Mace, Crushed or Ground in Croatia - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Croatia (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Croatia (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Croatia
- Exports of Spices; Mace, Crushed or Ground in Croatia
Price for Spices; Mace, Crushed or Ground in Croatia (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $32,539 per ton, remaining constant against the previous year. Over the period under review, the import price showed a mild reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 36%. The import price peaked at $39,027 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($34,313 per ton), while the price for Hungary ($8,965 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Mace, Crushed or Ground in Croatia (FOB) - 2022
In 2022, the average export price for spices; mace, crushed or ground amounted to $33,396 per ton, which is down by -6% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the average export price increased by 29% against the previous year. The export price peaked at $35,540 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +3.8% per year.
Imports of Spices; Mace, Crushed or Ground in Croatia
In 2022, approx. 1.5 tons of spices; mace, crushed or ground were imported into Croatia; increasing by 74% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; mace, crushed or ground imports soared to $48K in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 97%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Spices; Mace, Crushed or Ground in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.3 | 34.1 | 23.6 | 41.2 | 39.1% |
| France | 4.8 | 8.6 | 3.2 | 4.5 | -2.1% |
| Netherlands | 0.3 | N/A | N/A | 0.5 | 18.6% |
| Hungary | N/A | N/A | N/A | 0.5 | 0% |
| Austria | 1.2 | 0.7 | 0.1 | 0.2 | -45.0% |
| Others | 0.7 | 0.4 | 0.8 | 0.8 | 4.6% |
| Total | 22.3 | 43.8 | 27.6 | 47.6 | 28.8% |
Top Suppliers of Spices; Mace, Crushed or Ground to Croatia in 2022:
- Germany (1202.0 kg)
- France (151.0 kg)
- Hungary (50.0 kg)
- Netherlands (22.0 kg)
- Austria (12.0 kg)
Exports of Spices; Mace, Crushed or Ground in Croatia
In 2022, spices; mace, crushed or ground exports from Croatia soared to 206 kg, growing by 106% compared with the previous year. In general, exports, however, saw a deep downturn.
In value terms, spices; mace, crushed or ground exports skyrocketed to $6.9K in 2022. Overall, exports showed a slight increase.
| Export of Spices; Mace, Crushed or Ground in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 6.6 | 10.2 | 3.6 | 6.9 | 1.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.6 | 10.2 | 3.6 | 6.9 | 1.5% |
Top Export Markets for Spices; Mace, Crushed or Ground from Croatia in 2022:
- Bosnia and Herzegovina (205.0 kg)
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