Price for Spices; Nutmeg, Crushed or Ground in Libya - 2022

Contents:

  1. Price for Spices; Nutmeg, Crushed or Ground in Libya (CIF) - 2022
  2. Imports of Spices; Nutmeg, Crushed or Ground in Libya

Price for Spices; Nutmeg, Crushed or Ground in Libya (CIF) - 2022

The average import price for spices; nutmeg, crushed or ground stood at $19,807 per ton in 2022, dropping by -32.1% against the previous year. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 60%. As a result, import price reached the peak level of $29,154 per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($83,000 per ton), while the price for the United Arab Emirates ($17,709 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+37.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Spices; Nutmeg, Crushed or Ground in Libya

After two years of decline, supplies from abroad of spices; nutmeg, crushed or ground increased by 338% to 57 kg in 2022. Over the period under review, imports, however, faced a dramatic shrinkage.

In value terms, spices; nutmeg, crushed or ground imports skyrocketed to $1.1K in 2022. Overall, imports, however, showed a significant curtailment.

Import of Spices; Nutmeg, Crushed or Ground in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates41.01.60.31.0-71.0%
Netherlands0.5N/AN/A0.1-41.5%
SpainN/A0.10.10.10.0%
OthersN/A0.2N/AN/A0%
Total41.51.90.41.1-70.2%

Top Suppliers of Spices; Nutmeg, Crushed or Ground to Libya in 2022:

  1. United Arab Emirates (55.0 kg)
  2. Netherlands (1.0 kg)
  3. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; nutmeg, crushed or ground - Libya