Price for Spices; Mace, Neither Crushed Nor Ground in Portugal - 2022
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Portugal (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Portugal
Price for Spices; Mace, Neither Crushed Nor Ground in Portugal (CIF) - 2022
The average import price for spices; mace, neither crushed nor ground stood at $32,333 per ton in 2022, surging by 5.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 351%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -1.7% per year.
Imports of Spices; Mace, Neither Crushed Nor Ground in Portugal
After two years of decline, supplies from abroad of spices; mace, neither crushed nor ground decreased by 0% to 3 kg in 2022. Overall, imports faced a precipitous setback. The smallest decline of -72.7% was in 2020.
In value terms, imports of spices; mace, neither crushed nor ground expanded markedly to $97 in 2022. Over the period under review, imports showed a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 19%.
| Import of Spices; Mace, Neither Crushed Nor Ground in Portugal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 97.0 | 0% |
| United Kingdom | 293 | 77.0 | N/A | N/A | -73.7% |
| Papua New Guinea | N/A | N/A | 43.0 | N/A | 0% |
| Indonesia | N/A | N/A | 49.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 293 | 77.0 | 92.0 | 97.0 | -30.8% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Portugal in 2022:
- Italy (3.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Portugal.
4098
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
748
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Portugal.
4098
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
8558
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
8558
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,
