Price for Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $3,811 per ton, growing by 17% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. Over the period under review, average import prices reached the peak figure at $18,881 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($3,892 per ton), while the price for Sri Lanka ($3,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-14.3%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar
In 2022, the amount of spices; nutmeg, neither crushed nor ground imported into Myanmar skyrocketed to 68 tons, surging by 261% against the year before. In general, imports continue to indicate a resilient increase.
In value terms, imports of spices; nutmeg, neither crushed nor ground skyrocketed to $259K in 2022. Overall, imports showed a prominent increase.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 86.7 | 189 | 14.9 | 237 | 39.8% |
| India | 15.0 | 46.8 | 10.2 | 12.4 | -6.1% |
| Sri Lanka | 15.8 | 25.6 | 8.2 | 9.3 | -16.2% |
| Guatemala | 23.1 | 30.7 | 15.6 | N/A | -17.8% |
| Singapore | 20.7 | 25.5 | 12.0 | N/A | -23.9% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 161 | 318 | 61.4 | 259 | 17.2% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Myanmar in 2022:
- Indonesia (61.0 tons)
- India (4.0 tons)
- Sri Lanka (3.0 tons)
826
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Myanmar.
4072
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
826
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Myanmar.
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
8548
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
8548
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,
