Price for Spices; Cardamoms, Crushed or Ground in Poland - 2023

Contents:

  1. Price for Spices; Cardamoms, Crushed or Ground in Poland (CIF) - 2022
  2. Price for Spices; Cardamoms, Crushed or Ground in Poland (FOB) - 2022
  3. Imports of Spices; Cardamoms, Crushed or Ground in Poland
  4. Exports of Spices; Cardamoms, Crushed or Ground in Poland

Price for Spices; Cardamoms, Crushed or Ground in Poland (CIF) - 2022

The average import price for spices; cardamoms, crushed or ground stood at $15,525 per ton in 2022, falling by -33.9% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34%. Over the period under review, average import prices reached the maximum at $23,488 per ton in 2021, and then declined dramatically 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 Sweden ($32,436 per ton), while the price for Indonesia ($8,402 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cardamoms, Crushed or Ground in Poland (FOB) - 2022

In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $19,781 per ton, approximately equating the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 58%. Over the period under review, the average export prices attained the maximum at $22,469 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($60,487 per ton), while the average price for exports to Italy ($11,222 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 Russia (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Crushed or Ground in Poland

In 2022, approx. 66 tons of spices; cardamoms, crushed or ground were imported into Poland; with an increase of 33% compared with 2021 figures. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, spices; cardamoms, crushed or ground imports declined to $1M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 58% against the previous year.

Import of Spices; Cardamoms, Crushed or Ground in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala418480572406-1.0%
Indonesia43.213228828487.3%
SwedenN/A10.113699.7214.2%
Netherlands39.897.334.979.525.9%
India0.863.140.958.6318.4%
FranceN/AN/AN/A37.10%
Egypt27.910.434.212.5-23.5%
Others13.165.270.252.458.7%
Total5438581,1761,03023.8%

Top Suppliers of Spices; Cardamoms, Crushed or Ground to Poland in 2022:

  1. Indonesia (33.9 tons)
  2. Guatemala (15.0 tons)
  3. India (6.3 tons)
  4. Netherlands (3.7 tons)
  5. Sweden (3.1 tons)
  6. France (1.7 tons)
  7. Egypt (1.0 tons)

Exports of Spices; Cardamoms, Crushed or Ground in Poland

In 2022, after three years of growth, there was significant decline in shipments abroad of spices; cardamoms, crushed or ground, when their volume decreased by -44.5% to 6.5 tons. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 68%.

In value terms, spices; cardamoms, crushed or ground exports reduced rapidly to $129K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 119% against the previous year.

Export of Spices; Cardamoms, Crushed or Ground in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.835.522.934.1249.3%
United Kingdom6.110.919.618.945.8%
Romania9.716.119.718.123.1%
Slovakia11.42.515.110.6-2.4%
Germany0.214.518.77.6236.2%
Croatia2.14.55.04.428.0%
Italy0.6N/A3.03.885.0%
Czech Republic8.013.810.32.9-28.7%
Hungary1.623.851.40.8-20.6%
Others32.939.567.528.1-5.1%
Total73.516123312920.6%

Top Export Markets for Spices; Cardamoms, Crushed or Ground from Poland in 2022:

  1. Lithuania (2284.0 kg)
  2. Slovakia (915.0 kg)
  3. Romania (677.0 kg)
  4. Germany (432.0 kg)
  5. Italy (338.0 kg)
  6. Croatia (332.0 kg)
  7. United Kingdom (312.0 kg)
  8. Czech Republic (216.0 kg)
  9. Hungary (43.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cardamoms, crushed or ground - Poland