Price for Spices; Mace, Crushed or Ground in Myanmar - 2022
Contents:
- Price for Spices; Mace, Crushed or Ground in Myanmar (CIF) - 2022
- Imports of Spices; Mace, Crushed or Ground in Myanmar
Price for Spices; Mace, Crushed or Ground in Myanmar (CIF) - 2022
The average import price for spices; mace, crushed or ground stood at $7,342 per ton in 2022, declining by -11% against the previous year. Over the period under review, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $24,616 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to -11.4% per year.
Imports of Spices; Mace, Crushed or Ground in Myanmar
Spices; mace, crushed or ground imports into Myanmar contracted rapidly to 4 tons in 2022, which is down by -19.1% against 2021 figures. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 62%. As a result, imports attained the peak of 5 tons, and then reduced dramatically in the following year.
In value terms, spices; mace, crushed or ground imports fell sharply to $29K in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 127%. As a result, imports reached the peak of $41K, and then contracted rapidly in the following year.
Import of Spices; Mace, Crushed or Ground in Myanmar (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 14.1 | 18.0 | 40.8 | 29.4 | 27.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 14.1 | 18.0 | 40.8 | 29.4 | 27.8% |
Top Suppliers of Spices; Mace, Crushed or Ground to Myanmar in 2022:
- Indonesia (4.0 tons)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Myanmar.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Myanmar.
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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
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.
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,
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
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.
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,