Price for Spices; Cardamoms, Neither Crushed Nor Ground in Argentina - 2023
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in Argentina (CIF) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Argentina
Price for Spices; Cardamoms, Neither Crushed Nor Ground in Argentina (CIF) - 2022
In 2022, the average import price for spices; cardamoms, neither crushed nor ground amounted to $18,616 per ton, with a decrease of -27.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 48%. As a result, import price reached the peak level of $28,167 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guatemala ($21,975 per ton), while the price for India amounted to $17,489 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in Argentina
In 2022, after three years of growth, there was significant decline in purchases abroad of spices; cardamoms, neither crushed nor ground, when their volume decreased by -8.3% to 8.3 tons. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. As a result, imports reached the peak of 9 tons, and then declined in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground contracted dramatically to $154K in 2022. In general, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 67% against the previous year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 54.9 | 59.8 | 140 | 108 | 25.3% |
| Guatemala | 40.3 | 99.3 | 93.3 | 45.7 | 4.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 95.2 | 159 | 233 | 154 | 17.4% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to Argentina in 2022:
- India (6.2 tons)
- Guatemala (2.1 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Argentina.
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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 Argentina.
4020
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3791
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
8450
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.
3899
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,
3791
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
8450
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.
3899
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,
