Price for Spices; Mace, Neither Crushed Nor Ground in Israel - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Israel (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Israel
Price for Spices; Mace, Neither Crushed Nor Ground in Israel (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $21,651 per ton, falling by -2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. The import price peaked at $22,856 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($21,672 per ton), while the price for Indonesia amounted to $21,649 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Mace, Neither Crushed Nor Ground in Israel
In 2022, supplies from abroad of spices; mace, neither crushed nor ground decreased by -51.5% to 2.7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 123%. As a result, imports attained the peak of 5.6 tons, and then declined remarkably in the following year.
In value terms, imports of spices; mace, neither crushed nor ground shrank dramatically to $59K in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. As a result, imports attained the peak of $124K, and then shrank sharply in the following year.
Import of Spices; Mace, Neither Crushed Nor Ground in Israel (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 22.5 | 49.1 | 40.4 | 52.0 | 32.2% |
India | 1.0 | 0.3 | 0.7 | 7.0 | 91.3% |
Hong Kong SAR | 7.5 | 7.6 | 5.6 | N/A | -13.6% |
Others | N/A | N/A | 77.2 | N/A | 0% |
Total | 31.0 | 57.0 | 124 | 59.0 | 23.9% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Israel in 2022:
- Indonesia (2.4 tons)
- India (0.3 tons)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Israel.
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 Israel.
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,