Price for Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic - 2023

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022
  2. Price for Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2022
  3. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic
  4. Exports of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic

Price for Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (CIF) - 2022

The average import price for spices; cardamoms, neither crushed nor ground stood at $8,571 per ton in 2022, which is down by -2% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. The import price peaked at $19,720 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($22,277 per ton), while the price for Vietnam ($1,345 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (FOB) - 2022

The average export price for spices; cardamoms, neither crushed nor ground stood at $27,966 per ton in 2022, surging by 7.4% against the previous year. In general, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 30%. The export price peaked at $42,546 per ton in 2012; however, from 2013 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 Poland ($70,590 per ton), while the average price for exports to Germany ($14,974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic

In 2022, after three years of growth, there was significant decline in purchases abroad of spices; cardamoms, neither crushed nor ground, when their volume decreased by -46.7% to 25 tons. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year.

In value terms, imports of spices; cardamoms, neither crushed nor ground fell notably to $218K in 2022. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of $450K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala237288222172-10.1%
Vietnam20.744.047.121.81.7%
India31.611.445.07.9-37.0%
Tanzania4.64.2N/A5.56.1%
Turkey3.51.01.41.8-19.9%
Others82.31011029.8-50.8%
Total380450418218-16.9%

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to the Czech Republic in 2022:

  1. Vietnam (16.2 tons)
  2. Guatemala (7.7 tons)
  3. Tanzania (0.5 tons)
  4. Turkey (0.4 tons)
  5. India (0.3 tons)

Exports of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic

After three years of growth, overseas shipments of spices; cardamoms, neither crushed nor ground decreased by -56.5% to 2.8 tons in 2022. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of 6.3 tons, and then reduced dramatically in the following year.

In value terms, exports of spices; cardamoms, neither crushed nor ground shrank remarkably to $77K in 2022. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $165K, and then shrank dramatically in the following year.

Export of Spices; Cardamoms, Neither Crushed Nor Ground in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary0.113.530.620.6490.6%
Poland2.53.17.111.465.8%
Denmark9.914.419.510.31.3%
Germany10.823.218.68.7-7.0%
Slovakia19.621.766.68.6-24.0%
Spain7.05.110.98.56.7%
Austria0.13.84.25.4278.0%
United Kingdom5.24.43.61.0-42.3%
Others3.11.74.02.7-4.5%
Total58.390.916577.29.8%

Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from the Czech Republic in 2022:

  1. Hungary (658.0 kg)
  2. Germany (581.0 kg)
  3. Denmark (474.0 kg)
  4. Spain (383.0 kg)
  5. Austria (278.0 kg)
  6. Poland (161.0 kg)
  7. Slovakia (131.0 kg)
  8. United Kingdom (47.0 kg)

Source: IndexBox Market Intelligence Platform

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