Price for Spices; Nutmeg, Crushed or Ground in Brazil - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Brazil (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Brazil (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Brazil
- Exports of Spices; Nutmeg, Crushed or Ground in Brazil
Price for Spices; Nutmeg, Crushed or Ground in Brazil (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $6,831 per ton in 2022, with a decrease of -16.9% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 74% against the previous year. Over the period under review, average import prices attained the peak figure at $12,015 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($6,825 per ton), while the price for India amounted to $6,797 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.0%).
Price for Spices; Nutmeg, Crushed or Ground in Brazil (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $9,053 per ton, picking up by 63% against the previous year. Overall, the export price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of 830%. As a result, the export price attained the peak level of $111,567 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 Marshall Islands ($16,252 per ton), while the average price for exports to Singapore ($3,585 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 the United States (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Nutmeg, Crushed or Ground in Brazil
In 2022, the amount of spices; nutmeg, crushed or ground imported into Brazil surged to 112 tons, with an increase of 67% against the previous year. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $764K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 96% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Nutmeg, Crushed or Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 159 | 274 | 299 | 719 | 65.4% |
| India | 4.5 | 51.8 | 157 | 43.3 | 112.7% |
| United Arab Emirates | N/A | N/A | 87.6 | N/A | 0% |
| Others | 4.8 | 3.6 | 6.0 | 1.0 | -40.7% |
| Total | 169 | 330 | 549 | 764 | 65.3% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Brazil in 2022:
- Indonesia (105.4 tons)
- India (6.4 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Brazil
In 2022, approx. 2.4 tons of spices; nutmeg, crushed or ground were exported from Brazil; rising by 79% against 2021 figures. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 144% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, spices; nutmeg, crushed or ground exports skyrocketed to $22K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Nutmeg, Crushed or Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | N/A | 0.8 | 4.2 | 10.9 | 269.1% |
| Marshall Islands | 0.8 | 0.4 | 0.2 | 6.6 | 102.1% |
| United States | 0.2 | 1.5 | 0.6 | 1.3 | 86.6% |
| Singapore | 0.8 | 0.9 | 0.1 | 0.5 | -14.5% |
| Liberia | 0.5 | 0.6 | 0.2 | 0.4 | -7.2% |
| Bolivia | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
| Germany | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 2.0 | 5.0 | 1.7 | 1.6 | -7.2% |
| Total | 4.9 | 9.9 | 7.4 | 21.6 | 64.0% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Brazil in 2022:
- Paraguay (1529.0 kg)
- Marshall Islands (405.0 kg)
- Singapore (147.0 kg)
- United States (92.0 kg)
- Liberia (75.0 kg)
- Bolivia (44.0 kg)
636
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
636
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Brazil.
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
8453
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.
3900
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
8453
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.
3900
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,
