Price for Spices; Nutmeg, Crushed or Ground in Ukraine - 2023
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Ukraine (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Ukraine (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Ukraine
- Exports of Spices; Nutmeg, Crushed or Ground in Ukraine
Price for Spices; Nutmeg, Crushed or Ground in Ukraine (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $9,983 per ton, surging by 42% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($15,859 per ton), while the price for India ($6,167 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in Ukraine (FOB) - 2022
In 2022, the average export price for spices; nutmeg, crushed or ground amounted to $15,663 per ton, with an increase of 13% against the previous year. In general, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The export price peaked at $22,050 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($16,972 per ton), while the average price for exports to Russia ($11,660 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Crushed or Ground in Ukraine
In 2022, approx. 9.1 tons of spices; nutmeg, crushed or ground were imported into Ukraine; falling by -84.4% on 2021 figures. Overall, imports showed a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. As a result, imports reached the peak of 58 tons, and then shrank markedly in the following year.
In value terms, spices; nutmeg, crushed or ground imports shrank significantly to $91K in 2022. In general, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. As a result, imports reached the peak of $411K, and then declined significantly in the following year.
| Import of Spices; Nutmeg, Crushed or Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 206 | 124 | 337 | 47.1 | -38.9% |
| Spain | 14.3 | 14.3 | 18.9 | 20.9 | 13.5% |
| India | 18.4 | 26.9 | 50.0 | 15.4 | -5.8% |
| Vietnam | N/A | N/A | N/A | 7.4 | 0% |
| Others | 5.2 | 1.8 | 5.1 | 0.1 | -73.2% |
| Total | 244 | 167 | 411 | 90.9 | -28.0% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Ukraine in 2022:
- Indonesia (4.8 tons)
- India (2.5 tons)
- Spain (1.3 tons)
- Vietnam (0.5 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Ukraine
In 2022, the amount of spices; nutmeg, crushed or ground exported from Ukraine contracted sharply to 451 kg, waning by -69% on 2021. Over the period under review, exports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 104%.
In value terms, spices; nutmeg, crushed or ground exports contracted dramatically to $7.1K in 2022. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, the exports reached the peak of $20K, and then fell dramatically in the following year.
| Export of Spices; Nutmeg, Crushed or Ground in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 6.1 | 7.1 | 4.5 | 4.2 | -11.7% |
| Georgia | 1.0 | 1.3 | 0.8 | 1.2 | 6.3% |
| Russia | 10.8 | 0.8 | 13.9 | 1.2 | -51.9% |
| Others | 0.8 | 1.0 | 1.0 | 0.4 | -20.6% |
| Total | 18.7 | 10.2 | 20.2 | 7.1 | -27.6% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Ukraine in 2022:
- Moldova (249.0 kg)
- Russia (100.0 kg)
- Georgia (90.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ukraine.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Ukraine.
3989
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3773
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
8418
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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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,
3773
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
8418
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.
3860
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,
