Price for Spices; Ginger, Neither Crushed Nor Ground in Venezuela - 2022

Contents:

  1. Price for Spices; Ginger, Neither Crushed Nor Ground in Venezuela (CIF) - 2022
  2. Imports of Spices; Ginger, Neither Crushed Nor Ground in Venezuela

Price for Spices; Ginger, Neither Crushed Nor Ground in Venezuela (CIF) - 2022

In 2022, the average import price for spices; ginger, neither crushed nor ground amounted to $4,039 per ton, rising by 13% against the previous year. In general, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 175%. The import price peaked at $5,990 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,486 per ton), while the price for Austria ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+119.6%).

Imports of Spices; Ginger, Neither Crushed Nor Ground in Venezuela

In 2022, imports of spices; ginger, neither crushed nor ground into Venezuela contracted notably to 129 kg, falling by -19.4% against 2021. In general, imports faced a sharp reduction.

In value terms, imports of spices; ginger, neither crushed nor ground reduced to $521 in 2022. Overall, imports recorded a dramatic slump.

Import of Spices; Ginger, Neither Crushed Nor Ground in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,604552260262-58.3%
VietnamN/AN/AN/A74.00%
AustriaN/AN/AN/A1.00%
LebanonN/A79.0N/AN/A0%
IndiaN/AN/A312N/A0%
OthersN/AN/AN/A1840%
Total3,604631572521-47.5%

Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Venezuela in 2022:

  1. Germany (35.0 kg)
  2. Vietnam (25.0 kg)
  3. Austria (1.0 kg)

Source: IndexBox Market Intelligence Platform

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