Spices; Mixtures Price in Germany - 2023
Contents:
- Spices; Mixtures Price in Germany (FOB) - 2023
- Spices; Mixtures Price in Germany (CIF) - 2023
- Spices; Mixtures Exports in Germany
- Spices; Mixtures Imports in Germany
Spices; Mixtures Price in Germany (FOB) - 2023
The average spices; mixtures export price stood at $7,519 per ton in June 2023, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in April 2023 an increase of 24% against the previous month. As a result, the export price reached the peak level of $8,563 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Switzerland ($18,727 per ton), while the average price for exports to Spain ($4,416 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Spices; Mixtures Price in Germany (CIF) - 2023
The average spices; mixtures import price stood at $5,156 per ton in June 2023, leveling off at the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 23% against the previous month. As a result, import price attained the peak level of $6,516 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Romania ($40,018 per ton), while the price for Spain ($1,501 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Exports in Germany
In 2022, overseas shipments of spices; mixtureses decreased by -16.6% to 7.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 5.8% against the previous year.
In value terms, spices; mixtures exports dropped remarkably to $52M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 14%.
| Export of Spices; Mixtures in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.3 | 6.5 | 8.4 | 7.5 | 6.0% |
| Switzerland | 3.2 | 4.4 | 5.8 | 5.3 | 18.3% |
| France | 3.9 | 5.4 | 5.2 | 4.8 | 7.2% |
| Netherlands | 4.9 | 5.7 | 5.2 | 4.1 | -5.8% |
| Austria | 5.3 | 6.2 | 6.3 | 4.1 | -8.2% |
| Italy | 2.6 | 2.5 | 3.0 | 2.8 | 2.5% |
| Spain | 2.3 | 2.5 | 2.8 | 2.7 | 5.5% |
| Belgium | 2.2 | 2.4 | 3.4 | 2.5 | 4.4% |
| United Kingdom | 0.6 | 1.1 | 0.8 | 1.3 | 29.4% |
| Czech Republic | 1.3 | 1.3 | 1.7 | 1.2 | -2.6% |
| Romania | 1.4 | 1.3 | 1.3 | 1.0 | -10.6% |
| Denmark | 0.9 | 1.2 | 1.3 | 1.0 | 3.6% |
| Sweden | 2.2 | 2.2 | 2.0 | 1.0 | -23.1% |
| Others | 11.0 | 12.3 | 14.7 | 12.5 | 4.4% |
| Total | 48.1 | 55.1 | 61.8 | 51.5 | 2.3% |
Top Export Markets for Spices; Mixtures from Germany in 2022:
- Poland (1566.7 tons)
- France (769.3 tons)
- Netherlands (609.2 tons)
- Austria (569.9 tons)
- Spain (550.3 tons)
- Italy (459.6 tons)
- Belgium (380.6 tons)
- Switzerland (344.7 tons)
- Sweden (210.9 tons)
- Romania (181.9 tons)
- Czech Republic (180.6 tons)
- United Kingdom (148.6 tons)
- Denmark (144.9 tons)
Spices; Mixtures Imports in Germany
After three years of growth, supplies from abroad of spices; mixtureses decreased by -17.7% to 8.3K tons in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 35%.
In value terms, spices; mixtures imports dropped dramatically to $43M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year.
| Import of Spices; Mixtures in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.4 | 13.0 | 14.4 | 12.7 | 3.7% |
| Austria | 6.9 | 8.7 | 10.1 | 6.1 | -4.0% |
| Croatia | 1.2 | 4.0 | 4.6 | 3.8 | 46.8% |
| Belgium | 1.3 | 2.4 | 3.0 | 2.3 | 20.9% |
| India | 1.7 | 3.5 | 3.0 | 2.2 | 9.0% |
| Italy | 1.2 | 1.1 | 1.0 | 1.7 | 12.3% |
| Czech Republic | 1.5 | 2.0 | 4.1 | 1.5 | 0.0% |
| Poland | 0.6 | 0.6 | 0.8 | 1.5 | 35.7% |
| Denmark | 0.7 | 0.9 | 1.2 | 1.0 | 12.6% |
| Pakistan | 1.8 | 1.2 | 1.0 | 0.9 | -20.6% |
| Thailand | 0.6 | 0.9 | 1.3 | 0.9 | 14.5% |
| Spain | 0.3 | 0.2 | 0.4 | 0.8 | 38.7% |
| Turkey | 0.7 | 0.6 | 0.6 | 0.7 | 0.0% |
| Others | 7.5 | 6.9 | 7.0 | 6.5 | -4.7% |
| Total | 37.2 | 46.0 | 52.5 | 42.6 | 4.6% |
Top Suppliers of Spices; Mixtures to Germany in 2022:
- Netherlands (2678.6 tons)
- Croatia (1117.9 tons)
- Austria (600.2 tons)
- India (458.6 tons)
- Spain (450.7 tons)
- Poland (402.3 tons)
- Italy (350.6 tons)
- Denmark (331.1 tons)
- Czech Republic (298.6 tons)
- Belgium (279.6 tons)
- Thailand (160.4 tons)
- Turkey (145.6 tons)
- Pakistan (125.6 tons)
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