Price for Spices; Ginger, Neither Crushed Nor Ground in Chile - 2024
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Chile
- Exports of Spices; Ginger, Neither Crushed Nor Ground in Chile
Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $320 per ton in 2022, remaining stable against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by 58% against the previous year. The import price peaked at $545 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +3.5% per year.
Price for Spices; Ginger, Neither Crushed Nor Ground in Chile (FOB) - 2022
The average export price for spices; ginger, neither crushed nor ground stood at $1,749 per ton in 2022, with a decrease of -35.1% against the previous year. Over the period under review, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61%. As a result, the export price reached the peak level of $2,935 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +13.5% per year.
Imports of Spices; Ginger, Neither Crushed Nor Ground in Chile
In 2022, supplies from abroad of spices; ginger, neither crushed nor ground decreased by -32.2% to 1.2K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 33%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; ginger, neither crushed nor ground fell significantly to $394K in 2022. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2020 when imports increased by 20%.
| Import of Spices; Ginger, Neither Crushed Nor Ground in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 439 | 549 | 544 | 382 | -4.5% |
| Others | 38.7 | 25.7 | 39.7 | 11.3 | -33.7% |
| Total | 478 | 575 | 584 | 394 | -6.2% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Chile in 2022:
- Peru (1226.1 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in Chile
In 2022, exports of spices; ginger, neither crushed nor ground from Chile dropped rapidly to 4.4 tons, shrinking by -77.5% on the previous year. Over the period under review, exports recorded a precipitous setback. The smallest decline of -15% was in 2021.
In value terms, exports of spices; ginger, neither crushed nor ground declined remarkably to $7.8K in 2022. In general, exports faced a precipitous setback. The smallest decline of -10.3% was in 2020.
| Export of Spices; Ginger, Neither Crushed Nor Ground in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | N/A | 0.7 | 3.2 | 7.8 | 233.8% |
| Spain | N/A | N/A | 8.3 | N/A | 0% |
| Switzerland | 2.3 | 4.0 | 2.6 | N/A | 6.3% |
| Ireland | 10.1 | 2.7 | 2.9 | N/A | -46.4% |
| Morocco | N/A | N/A | 4.4 | N/A | 0% |
| France | 6.1 | 5.3 | 2.2 | N/A | -39.9% |
| Sudan | 6.2 | 7.1 | 3.9 | N/A | -20.7% |
| Netherlands | 44.5 | 42.3 | 19.3 | N/A | -34.1% |
| Others | 6.8 | 6.2 | 6.5 | N/A | -2.2% |
| Total | 76.1 | 68.2 | 53.3 | 7.8 | -53.2% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from Chile in 2022:
- Peru (4.4 tons)
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