Spices; Mixtures Price in Venezuela - 2022
Contents:
- Spices; Mixtures Price in Venezuela (CIF) - 2022
- Spices; Mixtures Price in Venezuela (FOB) - 2022
- Spices; Mixtures Imports in Venezuela
- Spices; Mixtures Exports in Venezuela
Spices; Mixtures Price in Venezuela (CIF) - 2022
In 2022, the average spices; mixtures import price amounted to $4,796 per ton, approximately equating the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. As a result, import price attained the peak level of $7,602 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($36,782 per ton), while the price for India ($1,034 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced a decline.
Spices; Mixtures Price in Venezuela (FOB) - 2022
In 2022, the average spices; mixtures export price amounted to $3,819 per ton, approximately reflecting the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 13%. Over the period under review, the average export prices hit record highs at $8,434 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -6.5% per year.
Spices; Mixtures Imports in Venezuela
In 2022, supplies from abroad of spices; mixtureses was finally on the rise to reach 7.9 tons after two years of decline. Over the period under review, imports, however, saw a abrupt decrease.
In value terms, spices; mixtures imports skyrocketed to $38K in 2022. Overall, imports, however, saw a sharp slump.
| Import of Spices; Mixtures in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 43.3 | 18.3 | 7.9 | 10.8 | -37.1% |
| Lebanon | 8.4 | 16.1 | 7.0 | 9.5 | 4.2% |
| China | N/A | N/A | N/A | 3.4 | 0% |
| United States | 9.9 | 5.2 | 2.2 | 3.0 | -32.8% |
| Germany | 21.9 | 5.0 | 0.1 | 2.7 | -50.2% |
| Spain | N/A | N/A | N/A | 2.5 | 0% |
| India | 2.8 | 2.9 | 2.0 | 2.3 | -6.3% |
| Others | 2.7 | 6.7 | 2.3 | 3.6 | 10.1% |
| Total | 89.0 | 54.2 | 21.5 | 37.8 | -24.8% |
Top Suppliers of Spices; Mixtures to Venezuela in 2022:
- Lebanon (2306.0 kg)
- India (2205.0 kg)
- China (1539.0 kg)
- Spain (404.0 kg)
- Germany (393.0 kg)
- United States (300.0 kg)
- Switzerland (293.0 kg)
Spices; Mixtures Exports in Venezuela
After two years of decline, overseas shipments of spices; mixtureses increased by 15% to 408 kg in 2022. Overall, exports, however, faced a deep contraction.
In value terms, spices; mixtures exports expanded sharply to $1.6K in 2022. Over the period under review, exports, however, recorded a deep downturn.
| Export of Spices; Mixtures in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.3 | 1.8 | 0.4 | 1.6 | -11.4% |
| Spain | N/A | N/A | 0.5 | N/A | 0% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 2.3 | 1.8 | 1.4 | 1.6 | -11.4% |
Top Export Markets for Spices; Mixtures from Venezuela in 2022:
- Canada (408.0 kg)
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