Spices; Nutmeg Price in Uganda - 2022
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Spices; Nutmeg Price in Uganda (CIF) - 2022
In 2022, the average spices; nutmeg import price amounted to $12,756 per ton, approximately mirroring the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. Over the period under review, average import prices reached the maximum at $14,947 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($65,250 per ton), while the price for India totaled $12,159 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.5%).
Spices; Nutmeg Imports in Uganda
After three years of growth, overseas purchases of spices; nutmeg decreased by -8.2% to 356 kg in 2022. The total import volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of 388 kg, and then shrank in the following year.
In value terms, spices; nutmeg imports contracted to $4.5K in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of $4.9K, and then contracted in the following year.
Import of Spices; Nutmeg in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 3.1 | 3.8 | 4.6 | 4.3 | 11.5% |
South Africa | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.5 | 4.2 | 4.9 | 4.5 | 8.7% |
Top Suppliers of Spices; Nutmeg to Uganda in 2022:
- India (352.0 kg)
- South Africa (4.0 kg)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Uganda.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Uganda.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
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.
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,
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
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.
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,