Price for Spices; Mace, Crushed or Ground in Kuwait - 2022

Contents:

  1. Price for Spices; Mace, Crushed or Ground in Kuwait (CIF) - 2022
  2. Imports of Spices; Mace, Crushed or Ground in Kuwait

Price for Spices; Mace, Crushed or Ground in Kuwait (CIF) - 2022

The average import price for spices; mace, crushed or ground stood at $3,000 per ton in 2022, declining by -88.9% against the previous year. Overall, the import price showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 57% against the previous year. Over the period under review, average import prices hit record highs at $29,083 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -20.3% per year.

Imports of Spices; Mace, Crushed or Ground in Kuwait

Spices; mace, crushed or ground imports into Kuwait shrank rapidly to 1 kg in 2022, waning by -97.1% compared with the year before. Overall, imports recorded a dramatic contraction.

In value terms, spices; mace, crushed or ground imports fell notably to $3 in 2022. In general, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year.

Import of Spices; Mace, Crushed or Ground in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4456989503.0-81.1%
OthersN/AN/AN/AN/A0%
Total4456989503.0-81.1%

Top Suppliers of Spices; Mace, Crushed or Ground to Kuwait in 2022:

  1. India (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; mace, crushed or ground - Kuwait