Spices; Nutmeg Price in Colombia - 2022
Contents:
Spices; Nutmeg Price in Colombia (CIF) - 2022
In 2022, the average spices; nutmeg import price amounted to $33,003 per ton, reducing by -4.3% against the previous year. In general, the import price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 9.7% against the previous year. Over the period under review, average import prices hit record highs at $34,499 per ton in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($33,744 per ton), while the price for the United States totaled $17,521 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.5%).
Spices; Nutmeg Imports in Colombia
After three years of growth, supplies from abroad of spices; nutmeg decreased by -1.7% to 52 tons in 2022. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 3.5% against the previous year. As a result, imports reached the peak of 53 tons, and then reduced slightly in the following year.
In value terms, spices; nutmeg imports reduced to $1.7M in 2022. The total import value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $1.8M, and then reduced in the following year.
| Import of Spices; Nutmeg in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 1,394 | 1,584 | 1,800 | 1,694 | 6.7% |
| United States | 27.6 | 31.3 | 35.6 | 33.5 | 6.7% |
| Others | 7.2 | 6.6 | 6.0 | 4.5 | -14.5% |
| Total | 1,429 | 1,622 | 1,842 | 1,732 | 6.6% |
Top Suppliers of Spices; Nutmeg to Colombia in 2022:
- Indonesia (50.2 tons)
- United States (1.9 tons)
803
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Colombia.
3990
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
803
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Colombia.
3990
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
8419
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,
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
8419
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,
