Price for Spices; Cardamoms, Neither Crushed Nor Ground in Kenya - 2022
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (FOB) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (CIF) - 2022
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (FOB) - 2022
In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $7,336 per ton, jumping by 50% against the previous year. In general, the export price, however, showed a abrupt decline. The export price peaked at $18,667 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($17,279 per ton), while the average price for exports to Canada stood at $6,905 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-6.6%).
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $25,833 per ton in 2022, surging by 50% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 151% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 India ($33,353 per ton), while the price for the United Arab Emirates amounted to $17,766 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.8%), while the prices for the other major suppliers experienced a decline.
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya
In 2022, exports of spices; cardamoms, neither crushed nor ground from Kenya skyrocketed to 9.6 tons, picking up by 2,427% on the year before. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cardamoms, neither crushed nor ground soared to $70K in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.8 | 0.3 | 0.1 | 63.4 | 329.5% |
| South Sudan | N/A | N/A | N/A | 6.9 | 0% |
| Others | N/A | 0.2 | 1.8 | N/A | 800.0% |
| Total | 0.8 | 0.4 | 1.9 | 70.2 | 344.4% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from Kenya in 2022:
- Canada (9.2 tons)
- South Sudan (0.4 tons)
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya
After three years of growth, purchases abroad of spices; cardamoms, neither crushed nor ground decreased by -99.4% to 257 kg in 2022. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 9.6% against the previous year.
In value terms, imports of spices; cardamoms, neither crushed nor ground contracted markedly to $6.6K in 2022. In general, imports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of $745K, and then contracted notably in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 31.2 | 6.3 | 18.4 | 4.4 | -47.9% |
| United Arab Emirates | 544 | 649 | 699 | 2.2 | -84.1% |
| Ethiopia | 1.5 | 2.1 | 8.7 | N/A | 140.8% |
| Others | 7.1 | 2.0 | 18.8 | N/A | 62.7% |
| Total | 584 | 659 | 745 | 6.6 | -77.6% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Kenya in 2022:
- India (133.0 kg)
- United Arab Emirates (124.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Kenya.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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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