Spices; Nutmeg Price in Bolivia - 2022

Contents:

  1. Spices; Nutmeg Price in Bolivia (CIF) - 2022
  2. Spices; Nutmeg Imports in Bolivia

Spices; Nutmeg Price in Bolivia (CIF) - 2022

In 2022, the average spices; nutmeg import price amounted to $156,683 per ton, waning by -11.9% against the previous year. Overall, the import price, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 29%. The import price peaked at $177,760 per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($158,356 per ton), while the price for Argentina totaled $117,591 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+24.7%).

Spices; Nutmeg Imports in Bolivia

After two years of decline, purchases abroad of spices; nutmeg increased by 6.3% to 536 kg in 2022. Over the period under review, imports, however, recorded a abrupt slump.

In value terms, spices; nutmeg imports contracted to $84K in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 14%.

Import of Spices; Nutmeg in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka66.175.786.781.47.2%
Argentina2.52.72.92.61.3%
OthersN/AN/AN/AN/A0%
Total68.678.489.684.07.0%

Top Suppliers of Spices; Nutmeg to Bolivia in 2022:

  1. Sri Lanka (514.0 kg)
  2. Argentina (22.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; nutmeg - Bolivia