Price for Spices; Mace, Crushed or Ground in Estonia - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Estonia (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Estonia
Price for Spices; Mace, Crushed or Ground in Estonia (CIF) - 2022
In 2022, the average import price for spices; mace, crushed or ground amounted to $20,955 per ton, with an increase of 10% against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $26,392 per ton in 2012; however, from 2013 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 Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -2.3% per year.
Imports of Spices; Mace, Crushed or Ground in Estonia
In 2022, approx. 9.5 tons of spices; mace, crushed or ground were imported into Estonia; rising by 171% on 2021 figures. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 198% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, spices; mace, crushed or ground imports skyrocketed to $199K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Spices; Mace, Crushed or Ground in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 9.7 | 28.9 | 66.6 | 199 | 173.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.8 | 28.9 | 66.6 | 199 | 172.8% |
Top Suppliers of Spices; Mace, Crushed or Ground to Estonia in 2022:
- Indonesia (9.5 tons)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Estonia.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
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.
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,
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
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.
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,