Spices; Saffron Price in Mexico - 2023
Contents:
- Spices; Saffron Price in Mexico (CIF) - 2022
- Spices; Saffron Price in Mexico (FOB) - 2022
- Spices; Saffron Imports in Mexico
- Spices; Saffron Exports in Mexico
Spices; Saffron Price in Mexico (CIF) - 2022
In 2022, the average spices; saffron import price amounted to $655,998 per ton, almost unchanged from the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 261% against the previous year. The import price peaked at $1,149,084 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +10.9% per year.
Spices; Saffron Price in Mexico (FOB) - 2022
In 2022, the average spices; saffron export price amounted to $123,200 per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices hit record highs at $308,250 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($217,000 per ton), while the average price for exports to Canada ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+26.5%).
Spices; Saffron Imports in Mexico
In 2022, overseas purchases of spices; saffra were finally on the rise to reach 521 kg after two years of decline. Overall, imports, however, showed a deep setback.
In value terms, spices; saffron imports surged to $342K in 2022. Over the period under review, imports, however, showed a dramatic shrinkage.
| Import of Spices; Saffron in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 740 | 595 | 290 | 342 | -22.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 740 | 595 | 290 | 342 | -22.7% |
Top Suppliers of Spices; Saffron to Mexico in 2022:
- Spain (521.0 kg)
Spices; Saffron Exports in Mexico
In 2022, approx. 5 kg of spices; saffra were exported from Mexico; approximately reflecting 2021. In general, exports posted prominent growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, spices; saffron exports totaled $616 in 2022. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of 99.9% was in 2021.
| Export of Spices; Saffron in Mexico (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | N/A | N/A | 217 | 0% | |
| Germany | N/A | N/A | 197 | 0% | |
| Belize | N/A | N/A | 2.0 | 0% | |
| Canada | 1,093 | N/A | 1.0 | -97.0% | |
| Dominican Republic | 140 | N/A | N/A | 0% | |
| Others | N/A | N/A | 199 | 0% | |
| Total | 1,233 | N/A | 616 | -29.3% | |
Top Export Markets for Spices; Saffron from Mexico in 2022:
- United States (1.0 kg)
- Canada (1.0 kg)
- Belize (1.0 kg)
- Germany (1.0 kg)
107
This report provides an in-depth analysis of the market for spices except pepper or ginger in Mexico.
1176
This report provides an in-depth analysis of the ginger market in Mexico.
512
This report provides an in-depth analysis of the market for dog and cat food in Mexico.
1295
This report provides an in-depth analysis of the apricot market in Mexico.
1559
This report provides an in-depth analysis of the virgin olive oil market in Mexico.
538
This report provides an in-depth analysis of the paint and varnish market in Mexico.
264
This report provides an in-depth analysis of the olive oil market in Mexico.
291
This report provides an in-depth analysis of the market for urea and thiourea resins in Mexico.
302
This report provides an in-depth analysis of the assembled clock movements market in Mexico.
407
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Mexico.
528
In November 2022, the virgin olive oil price amounted to $6,013 per ton (CIF, Mexico), jumping by 15% against the previous month.
1464
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1171
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
837
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
8108
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8732
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1429
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
8045
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
12258
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1735
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
