Price for Spices; Mace, Crushed or Ground in Israel - 2022
Contents:
- Price for Spices; Mace, Crushed or Ground in Israel (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Israel (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Israel
- Exports of Spices; Mace, Crushed or Ground in Israel
Price for Spices; Mace, Crushed or Ground in Israel (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $22,076 per ton in 2022, with a decrease of -4.9% against the previous year. Over the period under review, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 30% against the previous year. The import price peaked at $29,787 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($27,644 per ton), while the price for Ethiopia totaled $7,316 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.7%).
Price for Spices; Mace, Crushed or Ground in Israel (FOB) - 2022
The average export price for spices; mace, crushed or ground stood at $5,556 per ton in 2022, waning by -4.6% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2016 an increase of 7.9% against the previous year. Over the period under review, the average export prices attained the maximum at $11,236 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -6.3% per year.
Imports of Spices; Mace, Crushed or Ground in Israel
In 2022, approx. 290 kg of spices; mace, crushed or ground were imported into Israel; shrinking by -32.7% compared with 2021. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 191% against the previous year.
In value terms, spices; mace, crushed or ground imports shrank rapidly to $6.4K in 2022. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 257% against the previous year.
| Import of Spices; Mace, Crushed or Ground in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.6 | 2.5 | 6.4 | 5.8 | -35.5% |
| Ethiopia | 1.4 | 0.3 | 0.5 | 0.6 | -24.6% |
| Vietnam | N/A | N/A | 3.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.0 | 2.8 | 10.0 | 6.4 | -34.7% |
Top Suppliers of Spices; Mace, Crushed or Ground to Israel in 2022:
- India (211.0 kg)
- Ethiopia (79.0 kg)
Exports of Spices; Mace, Crushed or Ground in Israel
Spices; mace, crushed or ground exports from Israel surged to 45 kg in 2022, rising by 165% against the year before. In general, exports saw a relatively flat trend pattern.
In value terms, spices; mace, crushed or ground exports skyrocketed to $250 in 2022. Overall, exports, however, showed a abrupt setback.
| Export of Spices; Mace, Crushed or Ground in Israel (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 335 | 400 | 98.0 | 250 | -9.3% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 335 | 400 | 99.0 | 250 | -9.3% |
Top Export Markets for Spices; Mace, Crushed or Ground from Israel in 2022:
- Canada (45.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Israel.
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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
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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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