Price for Spices; Cardamoms, Neither Crushed Nor Ground in Angola - 2022

Contents:

1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Angola (CIF) - 2022
2. Price for Spices; Cardamoms, Neither Crushed Nor Ground in Angola (FOB) - 2022
3. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Angola
4. Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Angola

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Angola (CIF) - 2022

In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $10,160 per ton, surging by 13% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 40%. The import price peaked at $20,364 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($16,694 per ton), while the price for India ($4,080 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.1%), while the prices for the other major suppliers experienced a decline.

Price for Spices; Cardamoms, Neither Crushed Nor Ground in Angola (FOB) - 2022

In 2021, the average export price for spices; cardamoms, neither crushed nor ground amounted to $2,724 per ton, remaining stable against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $8,238 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2013 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -0.3% per year.

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Angola

In 2022, supplies from abroad of spices; cardamoms, neither crushed nor ground decreased by -12.4% to 943 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 476%. As a result, imports attained the peak of 1.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of spices; cardamoms, neither crushed nor ground reduced to $9.6K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 686%.

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Angola in 2022:

1. India (474.0 kg)
2. United Arab Emirates (320.0 kg)
3. Portugal (139.0 kg)

Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Angola

Exports of spices; cardamoms, neither crushed nor ground from Angola was estimated at 76 kg in 2021, stabilizing at 2020. Over the period under review, exports faced a dramatic descent. The smallest decline of 99.9% was in 2020.

In value terms, exports of spices; cardamoms, neither crushed nor ground totaled $207 in 2021. Overall, exports continue to indicate a significant decline. The smallest decline of 99.9% was in 2020.

Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Angola in 2022:

1. Democratic Republic of the Congo (76.0 kg)

Source: IndexBox Market Intelligence Platform