Price for Spices; Nutmeg, Crushed or Ground in Jordan - 2022

Contents:

  1. Price for Spices; Nutmeg, Crushed or Ground in Jordan (CIF) - 2022
  2. Price for Spices; Nutmeg, Crushed or Ground in Jordan (FOB) - 2022
  3. Imports of Spices; Nutmeg, Crushed or Ground in Jordan
  4. Exports of Spices; Nutmeg, Crushed or Ground in Jordan

Price for Spices; Nutmeg, Crushed or Ground in Jordan (CIF) - 2022

The average import price for spices; nutmeg, crushed or ground stood at $9,938 per ton in 2022, rising by 15% against the previous year. Over the period under review, the import price posted a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $10,613 per ton. From 2020 to 2022, the average 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 the Netherlands ($9,951 per ton), while the price for the United States stood at $9,885 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.4%).

Price for Spices; Nutmeg, Crushed or Ground in Jordan (FOB) - 2022

The average export price for spices; nutmeg, crushed or ground stood at $4,559 per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21% against the previous year. As a result, the export price reached the peak level of $25,950 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -15.6% per year.

Imports of Spices; Nutmeg, Crushed or Ground in Jordan

Spices; nutmeg, crushed or ground imports into Jordan reduced dramatically to 128 kg in 2022, falling by -78.5% against 2021 figures. In general, imports faced a dramatic contraction. The smallest decline of -19.2% was in 2020.

In value terms, spices; nutmeg, crushed or ground imports dropped dramatically to $1.3K in 2022. Overall, imports faced a precipitous decline. The smallest decline of -35.1% was in 2020.

Import of Spices; Nutmeg, Crushed or Ground in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1.00%
United StatesN/AN/AN/A0.30%
Germany1.00.90.7N/A-16.3%
India5.82.42.1N/A-39.8%
IndonesiaN/A0.9N/AN/A0%
United Arab Emirates7.14.02.4N/A-41.9%
OthersN/A0.9N/AN/A0%
Total13.99.15.21.3-54.6%

Top Suppliers of Spices; Nutmeg, Crushed or Ground to Jordan in 2022:

  1. Netherlands (102.0 kg)
  2. United States (26.0 kg)

Exports of Spices; Nutmeg, Crushed or Ground in Jordan

Spices; nutmeg, crushed or ground exports from Jordan shrank notably to 936 kg in 2022, with a decrease of -22.5% on 2021. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year.

In value terms, spices; nutmeg, crushed or ground exports contracted sharply to $4.3K in 2022. Over the period under review, exports recorded a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year.

Export of Spices; Nutmeg, Crushed or Ground in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.53.05.54.3-20.3%
China0.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.33.05.54.3-22.7%

Top Export Markets for Spices; Nutmeg, Crushed or Ground from Jordan in 2022:

  1. United States (936.0 kg)

Source: IndexBox Market Intelligence Platform

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