Price for Spices; Nutmeg, Neither Crushed Nor Ground in Brazil - 2024
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $7,619 per ton, growing by 13% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The growth pace was the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $14,304 per ton in 2012; however, from 2013 to 2022, 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 India ($8,748 per ton), while the price for Indonesia stood at $7,268 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.0%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $25,360 per ton in 2022, growing by 31% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 314% against the previous year. The export price peaked at $32,400 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($29,500 per ton), while the average price for exports to Angola ($17,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil
In 2022, the amount of spices; nutmeg, neither crushed nor ground imported into Brazil reached 353 tons, picking up by 6.5% on the previous year's figure. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of spices; nutmeg, neither crushed nor ground soared to $2.7M in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,176 | 844 | 1,394 | 1,966 | 18.7% |
| India | 207 | 399 | 759 | 722 | 51.7% |
| Others | 0.2 | 0.1 | 75.2 | 2.0 | 115.4% |
| Total | 1,383 | 1,243 | 2,228 | 2,690 | 24.8% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Brazil in 2022:
- Indonesia (270.5 tons)
- India (82.5 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil
In 2022, overseas shipments of spices; nutmeg, neither crushed nor ground decreased by -42.9% to 89 kg, falling for the second year in a row after two years of growth. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,465%. As a result, the exports reached the peak of 485 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of spices; nutmeg, neither crushed nor ground contracted notably to $2.3K in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,429%. As a result, the exports reached the peak of $7.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 2,084 | 1,086 | 1,392 | -18.3% |
| Angola | N/A | N/A | N/A | 176 | 0% |
| Hong Kong SAR | N/A | N/A | 51.0 | 166 | 225.5% |
| Marshall Islands | 28.0 | N/A | 74.0 | 119 | 62.0% |
| Bolivia | 66.0 | 300 | 181 | 118 | 21.4% |
| Liberia | 2.0 | 6.0 | 6.0 | 61.0 | 212.4% |
| Paraguay | 212 | 69.0 | 474 | 56.0 | -35.8% |
| Greece | N/A | N/A | 35.0 | 38.0 | 8.6% |
| Japan | N/A | N/A | 1,050 | N/A | 0% |
| France | N/A | 4,843 | N/A | N/A | 0% |
| Others | 208 | 589 | 72.0 | 131 | -14.3% |
| Total | 516 | 7,891 | 3,029 | 2,257 | 63.5% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Brazil in 2022:
- United States (54.0 kg)
- Angola (10.0 kg)
- Hong Kong SAR (6.0 kg)
- Marshall Islands (5.0 kg)
- Bolivia (4.0 kg)
- Liberia (3.0 kg)
- Greece (2.0 kg)
- Paraguay (2.0 kg)
649
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
4072
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
649
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
4072
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3857
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
8549
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.
3982
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,
3857
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
8549
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.
3982
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,
