Price for Spices; Nutmeg, Crushed or Ground in Kuwait - 2021
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Kuwait (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Kuwait (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Kuwait
- Exports of Spices; Nutmeg, Crushed or Ground in Kuwait
Price for Spices; Nutmeg, Crushed or Ground in Kuwait (CIF) - 2022
The average import price for spices; nutmeg, crushed or ground stood at $12,790 per ton in 2022, falling by -30.6% against the previous year. In general, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 144%. The import price peaked at $30,934 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($15,315 per ton), while the price for India totaled $12,368 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%).
Price for Spices; Nutmeg, Crushed or Ground in Kuwait (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $17,931 per ton in 2022, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 45%. The export price peaked at $17,972 per ton in 2021, and then reduced in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.3% per year.
Imports of Spices; Nutmeg, Crushed or Ground in Kuwait
Spices; nutmeg, crushed or ground imports into Kuwait surged to 510 kg in 2022, increasing by 16% on 2021 figures. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period.
In value terms, spices; nutmeg, crushed or ground imports contracted remarkably to $6.5K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 171% against the previous year.
| Import of Spices; Nutmeg, Crushed or Ground in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.3 | 0.1 | 0.5 | 5.4 | 162.1% |
| United Arab Emirates | 0.6 | N/A | 0.9 | 1.1 | 22.4% |
| Switzerland | N/A | N/A | 6.2 | N/A | 0% |
| China | N/A | 0.9 | N/A | N/A | 0% |
| Indonesia | N/A | 1.4 | N/A | N/A | 0% |
| Philippines | 0.6 | N/A | N/A | N/A | 0% |
| Australia | N/A | 2.3 | N/A | N/A | 0% |
| Turkey | 0.3 | N/A | 0.3 | N/A | 0.0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 1.8 | 5.0 | 8.1 | 6.5 | 53.4% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Kuwait in 2022:
- India (437.0 kg)
- United Arab Emirates (73.0 kg)
Exports of Spices; Nutmeg, Crushed or Ground in Kuwait
In 2022, after two years of decline, there was growth in overseas shipments of spices; nutmeg, crushed or ground, when their volume increased by 4.8% to 524 kg. Over the period under review, exports, however, saw a pronounced contraction.
In value terms, spices; nutmeg, crushed or ground exports totaled $9.4K in 2022. Overall, exports, however, saw a pronounced slump.
| Export of Spices; Nutmeg, Crushed or Ground in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.7 | 9.8 | 9.0 | 9.4 | -4.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.7 | 9.8 | 9.0 | 9.4 | -4.2% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Kuwait in 2022:
- United Arab Emirates (524.0 kg)
635
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kuwait.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
635
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kuwait.
3987
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3772
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
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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.
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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,
3772
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
8416
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.
3860
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,
