Price for Spices; Mace, Neither Crushed Nor Ground in Latvia - 2023
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Latvia (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Latvia
Price for Spices; Mace, Neither Crushed Nor Ground in Latvia (CIF) - 2022
The average import price for spices; mace, neither crushed nor ground stood at $2,137 per ton in 2022, growing by 32% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 356% against the previous year. Over the period under review, average import prices attained the peak figure at $28,333 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 +21.8% per year.
Imports of Spices; Mace, Neither Crushed Nor Ground in Latvia
For the third year in a row, Latvia recorded growth in overseas purchases of spices; mace, neither crushed nor ground, which increased by 117% to 35 tons in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 220% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of spices; mace, neither crushed nor ground surged to $74K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 260%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Spices; Mace, Neither Crushed Nor Ground in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Indonesia | 7.2 | 25.6 | 74.1 | 220.8% | |
| Others | N/A | 0.2 | 0.1 | -50.0% | |
| Total | 7.2 | 25.9 | 74.2 | 221.0% | |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Latvia in 2022:
- Indonesia (34.7 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Latvia.
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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 Latvia.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
8559
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.
3993
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
8559
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.
3993
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,
