Price for Spices; Cardamoms, Crushed or Ground in Jordan - 2022
Contents:
- Price for Spices; Cardamoms, Crushed or Ground in Jordan (CIF) - 2022
- Price for Spices; Cardamoms, Crushed or Ground in Jordan (FOB) - 2022
- Imports of Spices; Cardamoms, Crushed or Ground in Jordan
- Exports of Spices; Cardamoms, Crushed or Ground in Jordan
Price for Spices; Cardamoms, Crushed or Ground in Jordan (CIF) - 2022
The average import price for spices; cardamoms, crushed or ground stood at $20,013 per ton in 2022, flattening at the previous year. In general, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 241%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($20,022 per ton) and Croatia ($20,021 per ton), while the price for Syrian Arab Republic ($20,008 per ton) and Palestine ($20,008 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cardamoms, Crushed or Ground in Jordan (FOB) - 2022
In 2022, the average export price for spices; cardamoms, crushed or ground amounted to $20,262 per ton, growing by 15% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spices; cardamoms, crushed or ground export price increased by +122.7% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 40%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +40.3% per year.
Imports of Spices; Cardamoms, Crushed or Ground in Jordan
In 2022, overseas purchases of spices; cardamoms, crushed or ground decreased by 0% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 520%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, spices; cardamoms, crushed or ground imports stood at $247K in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 2,013% against the previous year. As a result, imports reached the peak of $296K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Cardamoms, Crushed or Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | 5.3 | 41.7 | N/A | 46.3 | 106.0% |
| Mexico | N/A | N/A | N/A | 43.0 | 0% |
| Turkey | N/A | N/A | N/A | 40.6 | 0% |
| Syrian Arab Republic | 0.4 | 6.5 | N/A | 34.4 | 341.4% |
| Palestine | N/A | N/A | N/A | 32.8 | 0% |
| Croatia | N/A | N/A | N/A | 22.4 | 0% |
| India | 0.5 | 15.0 | N/A | 20.9 | 247.1% |
| Saudi Arabia | N/A | 134 | N/A | 3.2 | -84.5% |
| United Arab Emirates | 7.9 | 98.8 | N/A | N/A | 1150.6% |
| Others | N/A | N/A | N/A | 3.6 | 0% |
| Total | 14.0 | 296 | N/A | 247 | 160.3% |
Top Suppliers of Spices; Cardamoms, Crushed or Ground to Jordan in 2022:
- Guatemala (2.3 tons)
- Mexico (2.1 tons)
- Turkey (2.0 tons)
- Syrian Arab Republic (1.7 tons)
- Palestine (1.6 tons)
- Croatia (1.1 tons)
- India (1.0 tons)
- Saudi Arabia (0.2 tons)
Exports of Spices; Cardamoms, Crushed or Ground in Jordan
In 2022, the amount of spices; cardamoms, crushed or ground exported from Jordan shrank significantly to 61 kg, declining by -93.8% on 2021. Over the period under review, exports recorded a sharp decline. The smallest decline of -5.8% was in 2020.
In value terms, spices; cardamoms, crushed or ground exports reduced notably to $1.2K in 2022. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports reached the peak of $188K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Cardamoms, Crushed or Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 1.2 | 0% |
| Free Zones | 124 | 112 | 15.3 | N/A | -64.9% |
| Germany | 3.9 | 1.8 | 0.4 | N/A | -68.0% |
| United States | N/A | 1.3 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 65.5 | N/A | N/A | 0% |
| Others | 18.3 | 7.0 | 1.5 | N/A | -71.4% |
| Total | 146 | 188 | 17.2 | 1.2 | -79.8% |
Top Export Markets for Spices; Cardamoms, Crushed or Ground from Jordan in 2022:
- Iraq (61.0 kg)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Jordan.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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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
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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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