Price for Spices; Nutmeg, Neither Crushed Nor Ground in Belarus - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $12,307 per ton, shrinking by -4.5% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 48%. Over the period under review, average import prices attained the maximum at $24,286 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($32,063 per ton), while the price for Indonesia ($9,402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $1,422 per ton in 2022, waning by -43.2% against the previous year. Overall, the export price continues to indicate a precipitous decline. The pace of growth was the most pronounced in 2014 when the average export price increased by 4.2% against the previous year. Over the period under review, the average export prices hit record highs at $34,171 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -27.2% per year.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus
In 2022, imports of spices; nutmeg, neither crushed nor ground into Belarus skyrocketed to 1.2 tons, picking up by 217% compared with the year before. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 415%. As a result, imports reached the peak of 2.4 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; nutmeg, neither crushed nor ground surged to $15K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 488% against the previous year. As a result, imports attained the peak of $25K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.1 | 18.8 | 3.2 | 7.9 | 36.6% |
| Russia | 0.8 | 3.2 | 1.0 | 3.1 | 57.1% |
| Latvia | N/A | 0.1 | 0.1 | 2.2 | 369.0% |
| India | 0.3 | 2.5 | 0.5 | 1.7 | 78.3% |
| Others | 0.1 | 0.6 | 0.2 | 0.3 | 44.2% |
| Total | 4.3 | 25.3 | 5.0 | 15.2 | 52.3% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Belarus in 2022:
- Indonesia (839.0 kg)
- Latvia (195.0 kg)
- Russia (96.0 kg)
- India (91.0 kg)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus
Exports of spices; nutmeg, neither crushed nor ground from Belarus surged to 4.3 tons in 2022, jumping by 115% compared with the previous year. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,286%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of spices; nutmeg, neither crushed nor ground soared to $6.1K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 748% against the previous year. As a result, the exports attained the peak of $7.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.8 | 7.2 | 5.0 | 6.1 | 96.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 7.2 | 5.0 | 6.1 | 96.8% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Belarus in 2022:
- Russia (4.3 tons)
358
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belarus.
3975
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
358
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Belarus.
3975
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3770
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
8409
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.
3853
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,
3770
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
8409
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.
3853
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,
