Price for Spices; Nutmeg, Crushed or Ground in Bolivia - 2023

Contents:

  1. Price for Spices; Nutmeg, Crushed or Ground in Bolivia (CIF) - 2022
  2. Imports of Spices; Nutmeg, Crushed or Ground in Bolivia

Price for Spices; Nutmeg, Crushed or Ground in Bolivia (CIF) - 2022

The average import price for spices; nutmeg, crushed or ground stood at $12,074 per ton in 2022, which is down by -30.7% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2014 an increase of 96% against the previous year. Over the period under review, average import prices hit record highs at $17,429 per ton in 2021, and then fell significantly in the following year.

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 Indonesia ($29,731 per ton), while the price for Chile ($9,922 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Nutmeg, Crushed or Ground in Bolivia

In 2022, approx. 242 kg of spices; nutmeg, crushed or ground were imported into Bolivia; dropping by -60.2% against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 151%. As a result, imports reached the peak of 608 kg, and then dropped dramatically in the following year.

In value terms, spices; nutmeg, crushed or ground imports fell sharply to $2.9K in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 170%. As a result, imports reached the peak of $11K, and then declined notably in the following year.

Import of Spices; Nutmeg, Crushed or Ground in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.11.96.51.3-14.8%
IndonesiaN/AN/A1.60.8-50.0%
ChileN/AN/AN/A0.50%
BrazilN/A0.30.30.30.0%
Spain1.41.32.2N/A25.4%
OthersN/A0.5N/AN/A0%
Total3.63.910.62.9-7.0%

Top Suppliers of Spices; Nutmeg, Crushed or Ground to Bolivia in 2022:

  1. United States (134.0 kg)
  2. Chile (51.0 kg)
  3. Brazil (31.0 kg)
  4. Indonesia (26.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; nutmeg, crushed or ground - Bolivia