Spices; Nutmeg Price in Iran - 2022
Contents:
- Spices; Nutmeg Price in Iran (CIF) - 2022
- Spices; Nutmeg Price in Iran (FOB) - 2022
- Spices; Nutmeg Imports in Iran
- Spices; Nutmeg Exports in Iran
Spices; Nutmeg Price in Iran (CIF) - 2022
The average spices; nutmeg import price stood at $42,848 per ton in 2022, shrinking by -6.4% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 13%. The import price peaked at $45,771 per ton in 2021, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +16.5% per year.
Spices; Nutmeg Price in Iran (FOB) - 2022
In 2022, the average spices; nutmeg export price amounted to $4,895 per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 0.2% against the previous year. As a result, the export price attained the peak level of $4,901 per ton; afterwards, it flattened through to 2022.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($5,214 per ton), while the average price for exports to Bahrain totaled $4,169 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+8.6%).
Spices; Nutmeg Imports in Iran
In 2022, purchases abroad of spices; nutmeg was finally on the rise to reach 2.9 tons after two years of decline. In general, imports, however, recorded a deep setback.
In value terms, spices; nutmeg imports expanded significantly to $126K in 2022. Overall, imports, however, saw a pronounced downturn.
| Import of Spices; Nutmeg in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 146 | 132 | 120 | 126 | -4.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 146 | 132 | 120 | 126 | -4.8% |
Top Suppliers of Spices; Nutmeg to Iran in 2022:
- United Arab Emirates (2.9 tons)
Spices; Nutmeg Exports in Iran
After three years of growth, shipments abroad of spices; nutmeg decreased by -0.9% to 854 kg in 2022. Overall, exports, however, showed a modest increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2.1% against the previous year.
In value terms, spices; nutmeg exports contracted modestly to $4.2K in 2022. Over the period under review, exports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2%. As a result, the exports reached the peak of $4.2K, leveling off in the following year.
| Export of Spices; Nutmeg in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.0 | 3.0 | 3.1 | 3.1 | 1.1% |
| Bahrain | 1.1 | 1.1 | 1.1 | 1.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 4.1 | 4.2 | 4.2 | 0.8% |
Top Export Markets for Spices; Nutmeg from Iran in 2022:
- Norway (593.0 kg)
- Bahrain (261.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Iran.
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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 Iran.
4032
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3804
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
8477
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.
3921
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,
3804
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
8477
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.
3921
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,
