Price for Spices; Cardamoms, Crushed or Ground in Panama - 2023
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Panama (CIF) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Panama
Price for Spices; Cardamoms, Crushed or Ground in Panama (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $1,850 per ton in 2022, reducing by -43.3% against the previous year. Over the period under review, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. As a result, import price attained the peak level of $10,163 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Free Zones.
From 2015 to 2022, the rate of growth in terms of prices for Guatemala amounted to +22.9% per year.
Imports of Spices; Cardamoms, Crushed or Ground in Panama
In 2022, imports of spices; cardamoms, crushed or ground into Panama skyrocketed to 620 kg, growing by 47% against the year before. In general, imports showed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 153% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, spices; cardamoms, crushed or ground imports reduced markedly to $1.1K in 2022. Over the period under review, imports, however, faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 33%.
Import of Spices; Cardamoms, Crushed or Ground in Panama (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Free Zones | 390 | 287 | 517 | 1,147 | 43.3% |
Guatemala | 1,598 | N/A | N/A | N/A | 0% |
United States | 1,260 | 600 | 773 | N/A | -21.7% |
Brazil | 3.0 | 2.0 | 88.0 | N/A | 441.6% |
Others | 489 | 145 | N/A | N/A | -70.3% |
Total | 3,740 | 1,034 | 1,378 | 1,147 | -32.6% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Panama in 2022:
- Free Zones (620.0 kg)
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Panama.
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 Panama.
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,