Price for Spices; Mace, Crushed or Ground in Lithuania - 2023
Contents:
- Price for Spices; Mace, Crushed or Ground in Lithuania (CIF) - 2022
- Price for Spices; Mace, Crushed or Ground in Lithuania (FOB) - 2022
- Imports of Spices; Mace, Crushed or Ground in Lithuania
- Exports of Spices; Mace, Crushed or Ground in Lithuania
Price for Spices; Mace, Crushed or Ground in Lithuania (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $33,637 per ton in 2022, with an increase of 44% against the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45%. The import price peaked at $53,625 per ton in 2012; however, from 2013 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to -1.3% per year.
Price for Spices; Mace, Crushed or Ground in Lithuania (FOB) - 2022
In 2022, the average export price for spices; mace, crushed or ground amounted to $8,833 per ton, falling by -4% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. Over the period under review, the average export prices hit record highs at $13,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.1% per year.
Imports of Spices; Mace, Crushed or Ground in Lithuania
In 2022, approx. 1.4 tons of spices; mace, crushed or ground were imported into Lithuania; growing by 693% against the previous year. Over the period under review, 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, spices; mace, crushed or ground imports skyrocketed to $47K in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Mace, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.4 | 9.1 | 3.8 | 46.9 | 105.6% |
| Poland | 0.2 | 3.4 | 0.4 | N/A | 41.4% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 5.8 | 12.7 | 4.1 | 46.9 | 100.7% |
Top Suppliers of Spices; Mace, Crushed or Ground to Lithuania in 2022:
- Germany (1.4 tons)
Exports of Spices; Mace, Crushed or Ground in Lithuania
Spices; mace, crushed or ground exports from Lithuania surged to 4 tons in 2022, increasing by 40,140% against the previous year. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; mace, crushed or ground exports soared to $36K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spices; Mace, Crushed or Ground in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 0.2 | 0.1 | 35.5 | 1232.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.2 | 0.1 | 35.5 | 1232.3% | |
Top Export Markets for Spices; Mace, Crushed or Ground from Lithuania in 2022:
- Netherlands (4.0 tons)
124
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Lithuania.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
124
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Lithuania.
4021
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
8451
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
8451
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,
