Price for Spices; Cardamoms, Crushed or Ground in Indonesia - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Indonesia (FOB) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Indonesia (CIF) - 2022
- Exports of Spices; Cardamoms, Crushed or Ground in Indonesia
- Imports of Spices; Cardamoms, Crushed or Ground in Indonesia
Price for Spices; Cardamoms, Crushed or Ground in Indonesia (FOB) - 2022
The average export price for spices; cardamoms, crushed or ground stood at $8,909 per ton in 2022, falling by -11.7% against the previous year. Overall, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum at $14,364 per ton in 2020; however, from 2021 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 Poland ($17,655 per ton), while the average price for exports to Vietnam ($352 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 Belgium (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Spices; Cardamoms, Crushed or Ground in Indonesia (CIF) - 2022
In 2022, the average import price for spices; cardamoms, crushed or ground amounted to $23,235 per ton, picking up by 5.4% against the previous year. Overall, the import price showed a significant increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 280% against the previous year. Over the period under review, average import prices attained the peak figure at $33,484 per ton in 2019; however, from 2020 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 Germany ($57,600 per ton), while the price for India ($16,030 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+59.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Spices; Cardamoms, Crushed or Ground in Indonesia
Spices; cardamoms, crushed or ground exports from Indonesia surged to 9.5 tons in 2022, increasing by 515% compared with the previous year's figure. Over the period under review, exports recorded a resilient increase.
In value terms, spices; cardamoms, crushed or ground exports soared to $85K in 2022. In general, exports, however, continue to indicate a deep slump.
| Export of Spices; Cardamoms, Crushed or Ground in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 24.7 | 60.4 | 11.0 | 63.5 | 37.0% |
| Belgium | 1.0 | 9.1 | N/A | 4.4 | 63.9% |
| Netherlands | 0.4 | 3.5 | 0.6 | 3.4 | 104.1% |
| United Kingdom | 2.8 | 22.3 | 1.1 | 2.1 | -9.1% |
| United States | 23.1 | 28.1 | 1.3 | 1.5 | -59.8% |
| Vietnam | 4.7 | 3.0 | 0.2 | 0.9 | -42.4% |
| South Korea | 2.0 | 1.4 | 0.1 | 0.5 | -37.0% |
| Japan | 1.2 | N/A | N/A | 0.2 | -45.0% |
| Austria | N/A | 9.4 | N/A | N/A | 0% |
| Others | 50.2 | 16.9 | 1.4 | 8.3 | -45.1% |
| Total | 110 | 154 | 15.6 | 84.8 | -8.3% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Indonesia in 2022:
- Poland (3.6 tons)
- Vietnam (2.7 tons)
- Netherlands (1.8 tons)
- Belgium (0.3 tons)
- South Korea (0.3 tons)
- United Kingdom (0.2 tons)
- United States (0.1 tons)
- Japan (0.1 tons)
Imports of Spices; Cardamoms, Crushed or Ground in Indonesia
After three years of growth, overseas purchases of spices; cardamoms, crushed or ground decreased by -4.8% to 600 kg in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 517% against the previous year.
In value terms, spices; cardamoms, crushed or ground imports amounted to $14K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 349% against the previous year. As a result, imports reached the peak of $14K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Spices; Cardamoms, Crushed or Ground in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2.9 | 12.5 | 8.6 | 10.2 | 52.1% |
| India | 0.2 | 0.9 | 4.0 | 1.6 | 100.0% |
| Germany | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Others | 0.1 | 0.5 | 1.1 | 1.6 | 152.0% |
| Total | 3.1 | 14.0 | 13.9 | 13.9 | 64.9% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Indonesia in 2022:
- Singapore (455.0 kg)
- India (100.0 kg)
- Germany (10.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Indonesia.
4033
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
1333
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Indonesia.
4033
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3805
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
8478
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.
3921
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,
3805
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
8478
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.
3921
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,
