Price for Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $12,110 per ton, with a decrease of -10.6% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 15%. Over the period under review, average import prices reached the maximum at $33,690 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Grenada ($13,837 per ton) and the Czech Republic ($12,309 per ton), while the price for Indonesia ($11,243 per ton) and Italy ($12,268 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.9%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $20,888 per ton, with a decrease of -10.9% against the previous year. In general, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. Over the period under review, the average export prices reached the maximum at $28,644 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($23,976 per ton), while the average price for exports to Hungary amounted to $13,620 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia
In 2022, imports of spices; nutmeg, neither crushed nor ground into Slovakia soared to 4.9 tons, growing by 106% against 2021. Over the period under review, imports saw a significant expansion. 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 $60K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 20.8 | 16.5 | 10.1 | 24.7 | 5.9% |
| Italy | 0.5 | 0.9 | 5.4 | 19.6 | 239.7% |
| Grenada | 2.2 | 0.3 | 10.6 | 9.2 | 61.1% |
| Czech Republic | 7.0 | 6.5 | 6.2 | 5.3 | -8.9% |
| Others | 0.4 | 0.5 | 0.2 | 1.1 | 40.1% |
| Total | 30.8 | 24.6 | 32.5 | 59.9 | 24.8% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Slovakia in 2022:
- Indonesia (2194.0 kg)
- Italy (1600.0 kg)
- Grenada (668.0 kg)
- Czech Republic (427.0 kg)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia
In 2022, the amount of spices; nutmeg, neither crushed nor ground exported from Slovakia shrank slightly to 588 kg, declining by -3.9% on 2021. Overall, exports showed a abrupt descent.
In value terms, exports of spices; nutmeg, neither crushed nor ground fell to $12K in 2022. In general, exports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 11.8 | 12.8 | 12.4 | 9.9 | -5.7% |
| Hungary | 1.0 | 1.1 | 1.9 | 2.3 | 32.0% |
| Italy | 0.6 | 1.4 | N/A | N/A | 133.3% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 13.4 | 15.3 | 14.3 | 12.3 | -2.8% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Slovakia in 2022:
- Czech Republic (413.0 kg)
- Hungary (171.0 kg)
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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 Slovakia.
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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.
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