Price for Spices; Cardamoms, Neither Crushed Nor Ground in Iran - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Iran (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Iran (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Iran
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Iran
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Iran (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $13,635 per ton in 2022, approximately equating the previous year. Over the period under review, the import price, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 76%. The import price peaked at $13,680 per ton in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($16,661 per ton), while the price for Guatemala ($7,827 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Iran (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $5,021 per ton in 2022, picking up by 15% against the previous year. Overall, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 72% against the previous year. As a result, the export price reached the peak level of $10,046 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($42,000 per ton), while the average price for exports to Oman ($2,240 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 Pakistan (+19.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Iran
In 2022, the amount of spices; cardamoms, neither crushed nor ground imported into Iran shrank rapidly to 708 tons, with a decrease of -20.5% against the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 890 tons, and then declined remarkably in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground reduced sharply to $9.7M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of $12M, and then reduced sharply in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.0 | 4.5 | 7.6 | 7.5 | 14.5% |
| India | 2.2 | 2.4 | 4.3 | 1.9 | -4.8% |
| Guatemala | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Indonesia | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 7.4 | 7.1 | 12.2 | 9.7 | 9.4% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Iran in 2022:
- United Arab Emirates (565.6 tons)
- India (114.9 tons)
- Guatemala (14.2 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Iran
In 2022, shipments abroad of spices; cardamoms, neither crushed nor ground decreased by -29.8% to 1.2 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 248% against the previous year. As a result, the exports attained the peak of 1.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; cardamoms, neither crushed nor ground declined dramatically to $6.1K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 63%.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Iran (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 511 | 3,085 | 3,844 | 3,190 | 84.1% |
| Turkey | 33.0 | 5.0 | 322 | 529 | 152.1% |
| Azerbaijan | 285 | 293 | 249 | 281 | -0.5% |
| Oman | 219 | 265 | 259 | 215 | -0.6% |
| Others | 1,818 | 1,018 | 2,920 | 1,916 | 1.8% |
| Total | 2,866 | 4,666 | 7,594 | 6,131 | 28.9% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Iran in 2022:
- Pakistan (1022.0 kg)
- Oman (96.0 kg)
- Azerbaijan (33.0 kg)
- Turkey (20.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Iran.
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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 Iran.
3966
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3767
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
8401
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.
3847
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,
3767
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
8401
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.
3847
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,
