Spices; Nutmeg Price in Japan - 2022
Contents:
- Spices; Nutmeg Price in Japan (CIF) - 2022
- Spices; Nutmeg Price in Japan (FOB) - 2022
- Spices; Nutmeg Imports in Japan
- Spices; Nutmeg Exports in Japan
Spices; Nutmeg Price in Japan (CIF) - 2022
The average spices; nutmeg import price stood at $23,114 per ton in 2022, approximately reflecting the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2013 when the average import price increased by 1.2%. Over the period under review, average import prices attained the maximum at $23,245 per ton in 2021, and then reduced slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +1.0% per year.
Spices; Nutmeg Price in Japan (FOB) - 2022
The average spices; nutmeg export price stood at $979 per ton in 2022, increasing by 14% against the previous year. In general, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices hit record highs at $7,793 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($988 per ton), while the average price for exports to Taiwan (Chinese) stood at $375 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (-18.7%).
Spices; Nutmeg Imports in Japan
After three years of growth, overseas purchases of spices; nutmeg decreased by -4% to 1.5K tons in 2022. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 8.8% against the previous year. As a result, imports attained the peak of 1.5K tons, and then declined slightly in the following year.
In value terms, spices; nutmeg imports reduced modestly to $34M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year.
| Import of Spices; Nutmeg in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 28.9 | 31.8 | 35.0 | 33.4 | 4.9% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 29.1 | 32.0 | 35.2 | 33.6 | 4.9% |
Top Suppliers of Spices; Nutmeg to Japan in 2022:
- Indonesia (1452.7 tons)
Spices; Nutmeg Exports in Japan
In 2022, shipments abroad of spices; nutmeg decreased by -1% to 2.2 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 2.2%. As a result, the exports attained the peak of 2.2 tons, and then contracted in the following year.
In value terms, spices; nutmeg exports expanded notably to $2.1K in 2022. In general, exports saw a abrupt descent.
| Export of Spices; Nutmeg in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 3.0 | 2.4 | 1.9 | 2.1 | -11.2% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 2.4 | 1.9 | 2.1 | -11.2% |
Top Export Markets for Spices; Nutmeg from Japan in 2022:
- Sri Lanka (2.2 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Japan.
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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 Japan.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3876
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
8560
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.
3994
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,
3876
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
8560
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.
3994
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,
