Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $1,484 per ton, with a decrease of -62.1% against the previous year. Over the period under review, the import price, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 177%. As a result, import price attained the peak level of $3,916 per ton, and then dropped rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($1,668 per ton), while the price for India totaled $1,470 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+120.3%).
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $10,667 per ton in 2022, growing by 3.8% against the previous year. Overall, the export price, however, showed a sharp descent. The export price peaked at $24,000 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 Norway.
From 2019 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan
In 2022, purchases abroad of spices; nutmeg, neither crushed nor ground was finally on the rise to reach 14 tons after two years of decline. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; nutmeg, neither crushed nor ground expanded notably to $21K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 4.2 | 4.2 | 19.8 | 117.1% |
| Indonesia | N/A | N/A | N/A | 1.7 | 0% |
| United Arab Emirates | 6.8 | 5.9 | 15.1 | N/A | 49.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.8 | 10.1 | 19.3 | 21.4 | 46.5% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Uzbekistan in 2022:
- India (13.4 tons)
- Indonesia (1.0 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan
After two years of decline, shipments abroad of spices; nutmeg, neither crushed nor ground decreased by -52% to 12 kg in 2022. Over the period under review, exports, however, posted a significant expansion.
In value terms, exports of spices; nutmeg, neither crushed nor ground fell remarkably to $128 in 2022. Overall, exports recorded a perceptible contraction.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Uzbekistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 128 | 0% |
| Russia | 126 | N/A | N/A | N/A | 0% |
| Tajikistan | N/A | N/A | 257 | N/A | 0% |
| United Arab Emirates | 18.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 144 | N/A | 257 | 128 | -3.9% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Uzbekistan in 2022:
- Norway (12.0 kg)
351
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Uzbekistan.
4062
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 Uzbekistan.
4062
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3851
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
8540
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.
3975
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,
3851
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
8540
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.
3975
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,
