Price for Spices; Mace, Neither Crushed Nor Ground in Azerbaijan - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Azerbaijan
Price for Spices; Mace, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $18,000 per ton, reducing by -56.4% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 73%. As a result, import price reached the peak level of $63,338 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +18.8% per year.
Imports of Spices; Mace, Neither Crushed Nor Ground in Azerbaijan
In 2022, approx. 56 kg of spices; mace, neither crushed nor ground were imported into Azerbaijan; growing by 331% against the previous year. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 550%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of spices; mace, neither crushed nor ground skyrocketed to $1K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 714% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Spices; Mace, Neither Crushed Nor Ground in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 1,008 | 0% |
| India | 95.0 | 31.0 | 280 | N/A | 71.7% |
| Turkey | 94.0 | 30.0 | 257 | N/A | 65.3% |
| Others | N/A | 5.0 | N/A | N/A | 0% |
| Total | 189 | 66.0 | 537 | 1,008 | 74.7% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Azerbaijan in 2022:
- Iran (56.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
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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 Azerbaijan.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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.
3994
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,
3876
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
8560
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.
3994
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,
