Spices; Mixtures Price in Argentina - 2022
Contents:
- Spices; Mixtures Price in Argentina (CIF) - 2022
- Spices; Mixtures Price in Argentina (FOB) - 2022
- Spices; Mixtures Imports in Argentina
- Spices; Mixtures Exports in Argentina
Spices; Mixtures Price in Argentina (CIF) - 2022
The average spices; mixtures import price stood at $5,301 per ton in 2022, reducing by -40.1% against the previous year. Overall, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $14,629 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($9,102 per ton), while the price for Taiwan (Chinese) ($3,801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), while the prices for the other major suppliers experienced a decline.
Spices; Mixtures Price in Argentina (FOB) - 2022
The average spices; mixtures export price stood at $4,728 per ton in 2022, with a decrease of -14.1% against the previous year. Over the period under review, the export price saw a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. The export price peaked at $8,595 per ton in 2013; however, from 2014 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 Paraguay ($7,213 per ton), while the average price for exports to Mexico ($2,286 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 the UK (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Spices; Mixtures Imports in Argentina
In 2022, the amount of spices; mixtureses imported into Argentina skyrocketed to 6.4 tons, increasing by 126% against the previous year's figure. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spices; mixtures imports skyrocketed to $34K in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Spices; Mixtures in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.3 | 2.7 | 4.7 | 31.8 | 94.8% |
| Jordan | N/A | N/A | N/A | 1.2 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.1 | 0% |
| South Korea | 2.3 | 0.7 | 0.2 | N/A | -70.5% |
| Malaysia | 4.6 | N/A | N/A | N/A | 0% |
| United States | N/A | 1.9 | N/A | N/A | 0% |
| India | 1.5 | 6.1 | 2.2 | N/A | 21.1% |
| Others | 6.5 | 6.2 | 18.1 | N/A | 66.9% |
| Total | 19.2 | 17.6 | 25.2 | 34.1 | 21.1% |
Top Suppliers of Spices; Mixtures to Argentina in 2022:
- Chile (6.0 tons)
- Taiwan (Chinese) (0.3 tons)
- Jordan (0.1 tons)
Spices; Mixtures Exports in Argentina
In 2022, approx. 5.7 tons of spices; mixtureses were exported from Argentina; picking up by 18% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,203%. As a result, the exports reached the peak of 6.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; mixtures exports reached $27K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 728%. As a result, the exports reached the peak of $27K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Mixtures in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 0.2 | 2.4 | 4.2 | 8.3 | 246.2% |
| Bolivia | 0.6 | 5.4 | 6.7 | 5.9 | 114.2% |
| Chile | 0.6 | 5.8 | 1.8 | 3.1 | 72.9% |
| Spain | 1.0 | 5.4 | 4.2 | 1.7 | 19.3% |
| United States | N/A | 0.5 | 1.4 | 1.6 | 78.9% |
| United Kingdom | 0.1 | 0.7 | 0.9 | 1.0 | 115.4% |
| Mexico | 0.2 | 1.6 | 1.4 | 0.9 | 65.1% |
| Israel | 0.1 | 0.9 | 1.0 | 0.7 | 91.3% |
| Panama | 0.1 | 0.7 | 0.7 | 0.6 | 81.7% |
| Germany | 0.1 | 0.5 | 0.6 | 0.6 | 81.7% |
| Canada | N/A | 0.2 | 0.5 | 0.4 | 41.4% |
| Others | 0.3 | 2.9 | 3.0 | 2.1 | 91.3% |
| Total | 3.3 | 27.1 | 26.4 | 26.8 | 101.0% |
Top Export Markets for Spices; Mixtures from Argentina in 2022:
- Bolivia (1153.0 kg)
- Paraguay (1151.0 kg)
- Chile (1149.0 kg)
- Mexico (379.0 kg)
- United States (366.0 kg)
- Spain (318.0 kg)
- United Kingdom (234.0 kg)
- Israel (180.0 kg)
- Panama (170.0 kg)
- Germany (139.0 kg)
- Canada (134.0 kg)
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