Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iraq - 2022
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iraq (CIF) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Iraq
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Iraq (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $4,051 per ton, surging by 11% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 15% against the previous year. Over the period under review, average import prices attained the maximum at $7,617 per ton in 2012; however, from 2013 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 the United Arab Emirates ($4,274 per ton), while the price for Sri Lanka ($1,804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-6.7%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Iraq
In 2022, overseas purchases of spices; nutmeg, neither crushed nor ground decreased by -11.3% to 505 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 122%.
In value terms, imports of spices; nutmeg, neither crushed nor ground fell to $2M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 337 | 1,321 | 1,287 | 1,347 | 58.7% |
| India | 171 | 297 | 490 | 598 | 51.8% |
| Turkey | 2.0 | 44.2 | 43.4 | 47.6 | 187.6% |
| Indonesia | 329 | 345 | 243 | 41.0 | -50.1% |
| Others | 6.5 | 8.8 | 8.7 | 9.9 | 15.1% |
| Total | 845 | 2,016 | 2,072 | 2,044 | 34.2% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Iraq in 2022:
- United Arab Emirates (315.2 tons)
- India (156.2 tons)
- Turkey (15.9 tons)
- Indonesia (11.7 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Iraq.
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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 Iraq.
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.
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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,
