Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay (CIF) - 2022
The average import price for spices; nutmeg, neither crushed nor ground stood at $9,560 per ton in 2022, with an increase of 13% against the previous year. Overall, the import price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum at $13,618 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($10,969 per ton), while the price for Indonesia amounted to $8,318 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.8%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay
In 2022, the amount of spices; nutmeg, neither crushed nor ground imported into Uruguay rose rapidly to 24 tons, increasing by 13% compared with the previous year's figure. In general, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
In value terms, imports of spices; nutmeg, neither crushed nor ground skyrocketed to $234K in 2022. Overall, imports posted a tangible expansion. The growth pace was the most rapid in 2021 with an increase of 85%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 107 | 38.0 | 113 | 120 | 3.9% |
| Indonesia | 86.3 | 50.4 | 63.4 | 112 | 9.1% |
| Singapore | 8.9 | 6.9 | 5.9 | N/A | -18.6% |
| Others | 5.8 | 3.7 | 1.5 | 1.7 | -33.6% |
| Total | 208 | 99.0 | 184 | 234 | 4.0% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Uruguay in 2022:
- Indonesia (13.5 tons)
- India (11.0 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Uruguay.
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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 Uruguay.
4072
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
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,
