Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iran - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iran (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iran (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Iran
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Iran
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iran (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $7,177 per ton in 2022, declining by -11% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $13,017 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 India ($9,824 per ton), while the price for Indonesia ($5,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iran (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $4,736 per ton, increasing by 3.6% against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 162% against the previous year. Over the period under review, the average export prices reached the peak figure at $38,381 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($12,783 per ton), while the average price for exports to Georgia ($1,507 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 the Netherlands (-3.6%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Iran
After three years of growth, supplies from abroad of spices; nutmeg, neither crushed nor ground decreased by -2.1% to 169 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 69%.
In value terms, imports of spices; nutmeg, neither crushed nor ground contracted to $1.2M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 65% against the previous year.
Import of Spices; Nutmeg, Neither Crushed Nor Ground in Iran (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 134 | 219 | 41.5 | 411 | 45.3% |
United Arab Emirates | 208 | 517 | 813 | 405 | 24.9% |
Indonesia | 285 | 300 | 528 | 401 | 12.1% |
Others | N/A | N/A | 12.5 | N/A | 0% |
Total | 627 | 1,036 | 1,396 | 1,216 | 24.7% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Iran in 2022:
- Indonesia (73.1 tons)
- United Arab Emirates (54.5 tons)
- India (41.8 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Iran
In 2022, approx. 182 kg of spices; nutmeg, neither crushed nor ground were exported from Iran; dropping by -41.1% compared with the previous year. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 212%.
In value terms, exports of spices; nutmeg, neither crushed nor ground contracted notably to $862 in 2022. Over the period under review, exports saw a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 353%. As a result, the exports reached the peak of $1.4K, and then plummeted in the following year.
Export of Spices; Nutmeg, Neither Crushed Nor Ground in Iran (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Azerbaijan | N/A | N/A | 156 | 409 | 162.2% |
Canada | 79.0 | 39.0 | 279 | 294 | 55.0% |
Georgia | 529 | 207 | 154 | 113 | -40.2% |
New Zealand | N/A | N/A | N/A | 27.0 | 0% |
Netherlands | N/A | N/A | 117 | N/A | 0% |
Czech Republic | N/A | N/A | 513 | N/A | 0% |
Kyrgyzstan | 161 | N/A | N/A | N/A | 0% |
Turkey | 108 | N/A | N/A | N/A | 0% |
Others | 57.0 | 66.0 | 194 | 19.0 | -30.7% |
Total | 934 | 312 | 1,413 | 862 | -2.6% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Iran in 2022:
- Azerbaijan (76.0 kg)
- Georgia (75.0 kg)
- Canada (23.0 kg)
- New Zealand (5.0 kg)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Iran.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Iran.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
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.
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,
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
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.
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,