Price for Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands - 2023

Contents:

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

Price for Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands (CIF) - 2022

The average import price for spices; nutmeg, neither crushed nor ground stood at $10,203 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The import price peaked at $14,615 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($12,749 per ton), while the price for Grenada ($7,522 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.8%), while the prices for the other major suppliers experienced a decline.

Price for Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands (FOB) - 2022

In 2022, the average export price for spices; nutmeg, neither crushed nor ground amounted to $12,346 per ton, increasing by 7.2% against the previous year. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices attained the maximum at $22,869 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($18,607 per ton), while the average price for exports to Spain ($10,020 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 Austria (-2.0%), while the prices for the other major destinations experienced a decline.

Imports of Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands

In 2022, imports of spices; nutmeg, neither crushed nor ground into the Netherlands reduced sharply to 451 tons, waning by -22.4% compared with the previous year. Over the period under review, imports recorded a dramatic curtailment. The smallest decline of -16.2% was in 2020.

In value terms, imports of spices; nutmeg, neither crushed nor ground fell to $4.6M in 2022. Overall, imports saw a deep reduction.

Import of Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia4.44.23.33.6-6.5%
Grenada1.81.10.70.4-39.4%
Italy0.20.20.20.20.0%
United Kingdom0.1N/A0.20.226.0%
BelgiumN/AN/A0.10.10.0%
Others0.20.20.50.1-20.6%
Total6.75.74.94.6-11.8%

Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to the Netherlands in 2022:

  1. Indonesia (351.2 tons)
  2. Grenada (58.3 tons)
  3. United Kingdom (17.7 tons)
  4. Belgium (9.1 tons)
  5. Italy (6.3 tons)

Exports of Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands

In 2022, exports of spices; nutmeg, neither crushed nor ground from the Netherlands fell dramatically to 318 tons, with a decrease of -23.7% compared with the year before. Over the period under review, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, exports of spices; nutmeg, neither crushed nor ground declined significantly to $3.9M in 2022. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

Export of Spices; Nutmeg, Neither Crushed Nor Ground in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,9006717891,217-25.1%
Spain53044863082916.1%
Austria499471558295-16.1%
Belgium372372394267-10.5%
Czech Republic12915321122119.7%
France1981371882213.7%
United Kingdom543588160204-27.8%
Italy64.115851619845.6%
Poland34047458979.6-38.4%
IndonesiaN/A55.971.366.89.3%
Others328409690325-0.3%
Total5,9033,9384,7973,923-12.7%

Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from the Netherlands in 2022:

  1. Germany (94.7 tons)
  2. Spain (82.7 tons)
  3. Austria (22.1 tons)
  4. Czech Republic (16.8 tons)
  5. Italy (15.7 tons)
  6. France (15.5 tons)
  7. United Kingdom (15.0 tons)
  8. Belgium (14.3 tons)
  9. Indonesia (12.8 tons)
  10. Poland (6.3 tons)

Source: IndexBox Market Intelligence Platform

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