Price for Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (FOB) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (CIF) - 2022
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $8,184 per ton in 2022, surging by 7% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2013 an increase of 45%. As a result, the export price attained the peak level of $16,571 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($15,073 per ton), while the average price for exports to Pakistan ($1,395 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 Kuwait (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $156 per ton, which is down by -88.3% against the previous year. Overall, the import price saw a sharp downturn. The most prominent rate of growth was recorded in 2018 an increase of 100%. Over the period under review, average import prices hit record highs at $1,807 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 India ($1,433 per ton), while the price for the United Arab Emirates amounted to $148 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+394.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania
For the fourth consecutive year, Tanzania recorded growth in overseas shipments of spices; cardamoms, neither crushed nor ground, which increased by 32% to 209 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 65%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of spices; cardamoms, neither crushed nor ground surged to $1.7M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 30.7 | 68.3 | 165 | 989 | 218.2% |
| United Kingdom | 227 | 521 | 234 | 453 | 25.9% |
| Saudi Arabia | N/A | N/A | N/A | 66.0 | 0% |
| Kuwait | N/A | N/A | 55.8 | 63.5 | 13.8% |
| India | 111 | 20.6 | 2.1 | 60.0 | -18.5% |
| Germany | 113 | 144 | 45.7 | 55.5 | -21.1% |
| Pakistan | 52.4 | 1.5 | 2.7 | 5.0 | -54.3% |
| Iraq | N/A | N/A | 29.8 | N/A | 0% |
| Netherlands | 36.7 | 1.0 | 4.7 | N/A | -64.2% |
| Others | 145 | 214 | 668 | 18.2 | -49.9% |
| Total | 716 | 971 | 1,208 | 1,710 | 33.7% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Tanzania in 2022:
- United Arab Emirates (110.3 tons)
- United Kingdom (65.0 tons)
- India (10.0 tons)
- Kuwait (8.5 tons)
- Saudi Arabia (6.0 tons)
- Germany (3.7 tons)
- Pakistan (3.6 tons)
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania
In 2022, supplies from abroad of spices; cardamoms, neither crushed nor ground was finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cardamoms, neither crushed nor ground skyrocketed to $2.7K in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 352 | 137 | 4.0 | 2,548 | 93.4% |
| India | 60.0 | 974 | 309 | 149 | 35.4% |
| United States | 1,109 | N/A | N/A | N/A | 0% |
| Others | 37.0 | 8.0 | 2.0 | N/A | -76.8% |
| Total | 1,558 | 1,119 | 315 | 2,697 | 20.1% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Tanzania in 2022:
- United Arab Emirates (17.2 tons)
- India (0.1 tons)
532
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
532
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Tanzania.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
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
8450
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.
3899
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,
3791
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
8450
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.
3899
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,
