Price for Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $689 per ton, shrinking by -11.3% against the previous year. Overall, the import price, however, recorded a pronounced increase. The growth pace was the most rapid in 2018 an increase of 83% against the previous year. As a result, import price reached the peak level of $1,205 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +16.4% per year.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (FOB) - 2022
In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $23,000 per ton, surging by 212% against the previous year. In general, the export price posted notable growth. The export price peaked at $28,077 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Comoros amounted to +9.3% per year.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania
After three years of growth, purchases abroad of spices; nutmeg, neither crushed nor ground decreased by -53.9% to 3.4 tons in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 478% against the previous year.
In value terms, imports of spices; nutmeg, neither crushed nor ground dropped remarkably to $2.3K in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 390%.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 0.5 | 0.1 | 2.3 | 114.5% |
| China | N/A | N/A | 0.5 | N/A | 0% |
| India | 0.6 | 2.7 | 2.2 | N/A | 91.5% |
| Indonesia | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | 1.5 | N/A | 0% |
| Total | 0.7 | 3.2 | 5.7 | 2.3 | 48.7% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Tanzania in 2022:
- United Arab Emirates (3.4 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania
After three years of growth, shipments abroad of spices; nutmeg, neither crushed nor ground decreased by -99.1% to 10 kg in 2022. In general, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 345% against the previous year.
In value terms, exports of spices; nutmeg, neither crushed nor ground shrank notably to $230 in 2022. Over the period under review, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 with an increase of 244% against the previous year.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.1 | 0.9 | 0.3 | 0.2 | 26.0% |
| Germany | 0.9 | 1.1 | 0.9 | N/A | 0.0% |
| Rwanda | N/A | N/A | N/A | N/A | 0% |
| United States | 0.6 | 2.7 | 3.8 | N/A | 151.7% |
| Turkey | N/A | N/A | 2.5 | N/A | 0% |
| Others | 0.2 | 1.5 | 1.2 | N/A | 144.9% |
| Total | 1.8 | 6.3 | 8.6 | 0.2 | -51.9% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Tanzania in 2022:
- Switzerland (10.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
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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 Tanzania.
4100
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3877
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
8560
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.
3996
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,
3877
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
8560
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.
3996
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,
