Price for Spices; Cardamoms, Neither Crushed Nor Ground in South Africa - 2024
Contents:
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (CIF) - 2022
- Price for Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (FOB) - 2022
- Imports of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa
- Exports of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa
Price for Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (CIF) - 2022
The average import price for spices; cardamoms, neither crushed nor ground stood at $12,109 per ton in 2022, which is down by -24.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 54%. The import price peaked at $20,582 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Guatemala ($14,641 per ton), while the price for China ($4,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (FOB) - 2022
The average export price for spices; cardamoms, neither crushed nor ground stood at $8,419 per ton in 2022, with an increase of 41% against the previous year. Overall, the export price, however, showed a pronounced descent. The growth pace was the most rapid in 2013 an increase of 81%. As a result, the export price reached the peak level of $19,906 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($13,986 per ton), while the average price for exports to Lesotho ($3,344 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 Singapore (+11.1%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa
In 2022, imports of spices; cardamoms, neither crushed nor ground into South Africa shrank slightly to 89 tons, waning by -4.5% on the previous year's figure. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.0% 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 +58.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 94 tons, and then dropped modestly in the following year.
In value terms, imports of spices; cardamoms, neither crushed nor ground contracted rapidly to $1.1M in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted rapidly in the following year.
| Import of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 163 | 730 | 1,031 | 607 | 55.0% |
| Guatemala | 1,236 | 210 | 429 | 397 | -31.5% |
| China | 6.6 | 8.8 | 5.7 | 41.4 | 84.4% |
| Nepal | 1.4 | 26.8 | 8.6 | 29.5 | 176.2% |
| Others | 3.8 | 188 | 29.7 | 6.8 | 21.4% |
| Total | 1,411 | 1,164 | 1,504 | 1,081 | -8.5% |
Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to South Africa in 2022:
- India (46.6 tons)
- Guatemala (27.1 tons)
- China (9.5 tons)
- Nepal (5.8 tons)
Exports of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa
In 2022, shipments abroad of spices; cardamoms, neither crushed nor ground decreased by -78.6% to 845 kg, falling for the second consecutive year after two years of growth. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 425% against the previous year. As a result, the exports reached the peak of 5.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of spices; cardamoms, neither crushed nor ground reduced rapidly to $7.1K in 2022. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 421%. As a result, the exports attained the peak of $43K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spices; Cardamoms, Neither Crushed Nor Ground in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 2.0 | 0% |
| Zimbabwe | 1.9 | 28.5 | 19.7 | 1.8 | -1.8% |
| Singapore | 0.9 | 2.6 | 3.0 | 1.4 | 15.9% |
| Switzerland | 2.3 | N/A | N/A | 1.0 | -24.2% |
| Mozambique | N/A | 0.3 | 0.2 | 0.3 | 0.0% |
| Zambia | 1.9 | 9.8 | 0.3 | 0.2 | -52.8% |
| Angola | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Lesotho | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.8 | 1.6 | N/A | N/A | 100.0% |
| Others | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
| Total | 8.3 | 43.1 | 23.6 | 7.1 | -5.1% |
Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from South Africa in 2022:
- Zimbabwe (327.0 kg)
- United Arab Emirates (184.0 kg)
- Singapore (157.0 kg)
- Switzerland (69.0 kg)
- Mozambique (35.0 kg)
- Lesotho (32.0 kg)
- Angola (14.0 kg)
- Zambia (10.0 kg)
566
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in South Africa.
4021
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
566
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in South Africa.
4021
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
8451
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.
3900
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
8451
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.
3900
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,
