Price for Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $10,114 per ton, falling by -8.4% against the previous year. In general, the import price recorded a noticeable downturn. The growth pace was the most rapid in 2019 an increase of 51%. The import price peaked at $35,500 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($10,055 per ton), while the price for Iran stood at $10,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+30.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan
After two years of decline, supplies from abroad of spices; nutmeg, neither crushed nor ground increased by 477% to 5.5 tons in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; nutmeg, neither crushed nor ground soared to $56K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.7 | 1.6 | 7.2 | 52.4 | 168.7% |
| Iran | N/A | N/A | 0.9 | 3.0 | 233.3% |
| Sri Lanka | N/A | 1.5 | N/A | N/A | 0% |
| Indonesia | 2.4 | N/A | 0.1 | N/A | -79.6% |
| United Arab Emirates | 4.9 | 4.3 | 2.3 | N/A | -31.5% |
| Others | 0.4 | N/A | N/A | 0.5 | 7.7% |
| Total | 10.4 | 7.4 | 10.6 | 55.9 | 75.2% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Azerbaijan in 2022:
- India (5.2 tons)
- Iran (0.3 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Azerbaijan.
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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 Azerbaijan.
4097
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
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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,
