Price for Spices; Mace, Neither Crushed Nor Ground in Switzerland - 2024
Contents:
- Price for Spices; Mace, Neither Crushed Nor Ground in Switzerland (CIF) - 2022
- Imports of Spices; Mace, Neither Crushed Nor Ground in Switzerland
Price for Spices; Mace, Neither Crushed Nor Ground in Switzerland (CIF) - 2022
In 2022, the average import price for spices; mace, neither crushed nor ground amounted to $11,181 per ton, declining by -14.7% against the previous year. In general, the import price saw a deep downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 85% against the previous year. Over the period under review, average import prices attained the maximum at $28,302 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($26,277 per ton), while the price for Indonesia ($9,352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.0%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Mace, Neither Crushed Nor Ground in Switzerland
Imports of spices; mace, neither crushed nor ground into Switzerland plummeted to 6.1 tons in 2022, shrinking by -46.4% against the previous year's figure. Overall, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 260%. As a result, imports reached the peak of 11 tons, and then fell rapidly in the following year.
In value terms, imports of spices; mace, neither crushed nor ground dropped dramatically to $68K in 2022. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 153%. As a result, imports attained the peak of $150K, and then contracted dramatically in the following year.
| Import of Spices; Mace, Neither Crushed Nor Ground in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 13.3 | 20.7 | 46.5 | 52.4 | 57.9% |
| Netherlands | 19.2 | 11.7 | 8.6 | 3.7 | -42.2% |
| India | 0.8 | 0.5 | 1.0 | 3.2 | 58.7% |
| Vietnam | 7.2 | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | 36.3 | N/A | 0% |
| Others | 33.6 | 26.2 | 57.1 | 9.1 | -35.3% |
| Total | 74.1 | 59.1 | 150 | 68.4 | -2.6% |
Top Suppliers of Spices; Mace, Neither Crushed Nor Ground to Switzerland in 2022:
- Indonesia (5.6 tons)
- Netherlands (0.1 tons)
- India (0.1 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Switzerland.
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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
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.
3996
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,
