Price for Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates - 2022

Contents:

  1. Price for Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022
  2. Price for Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022
  3. Imports of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates
  4. Exports of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates

Price for Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (CIF) - 2022

The average import price for spices; cardamoms, neither crushed nor ground stood at $9,519 per ton in 2022, declining by -41.8% against the previous year. Overall, the import price, however, posted a measured increase. The most prominent rate of growth was recorded in 2019 an increase of 49%. As a result, import price reached the peak level of $18,202 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,398 per ton), while the price for Guatemala amounted to $8,099 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+1.4%).

Price for Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for spices; cardamoms, neither crushed nor ground amounted to $10,233 per ton, with a decrease of -36.1% against the previous year. In general, the export price, however, saw pronounced growth. The pace of growth was the most pronounced in 2020 an increase of 46%. As a result, the export price attained the peak level of $17,054 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($13,955 per ton), while the average price for exports to Egypt ($6,414 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 Jordan (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates

In 2022, imports of spices; cardamoms, neither crushed nor ground into the United Arab Emirates rose to 12K tons, increasing by 3.5% on 2021 figures. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 92%. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of spices; cardamoms, neither crushed nor ground fell markedly to $110M in 2022. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 64%. As a result, imports reached the peak of $276M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala14322310564.4-23.3%
India22.148.875.843.625.4%
Others3.33.72.11.8-18.3%
Total168276182110-13.2%

Top Suppliers of Spices; Cardamoms, Neither Crushed Nor Ground to the United Arab Emirates in 2022:

  1. Guatemala (8.0K tons)
  2. India (3.3K tons)

Exports of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates

In 2022, approx. 9.2K tons of spices; cardamoms, neither crushed nor ground were exported from the United Arab Emirates; rising by 562% compared with the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of spices; cardamoms, neither crushed nor ground skyrocketed to $94M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Spices; Cardamoms, Neither Crushed Nor Ground in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman2.63.32.810.760.3%
Bangladesh0.92.11.810.4126.1%
Iraq3.31.12.19.944.2%
Pakistan0.41.21.59.6188.4%
Iran1.11.01.08.597.7%
India1.11.10.36.076.0%
Saudi Arabia0.51.42.34.7111.0%
Yemen3.32.01.54.712.5%
Afghanistan0.90.61.04.672.3%
Jordan4.63.72.43.2-11.4%
Somalia1.70.80.92.818.1%
Egypt0.70.61.12.041.9%
Bahrain0.60.70.71.741.5%
Others2.73.22.815.579.1%
Total24.222.822.394.157.3%

Top Export Markets for Spices; Cardamoms, Neither Crushed Nor Ground from the United Arab Emirates in 2022:

  1. Bangladesh (1184.3 tons)
  2. Pakistan (1093.9 tons)
  3. Oman (873.1 tons)
  4. Iraq (859.0 tons)
  5. Iran (750.3 tons)
  6. Yemen (507.9 tons)
  7. India (426.4 tons)
  8. Saudi Arabia (391.1 tons)
  9. Afghanistan (375.9 tons)
  10. Somalia (344.6 tons)
  11. Jordan (330.3 tons)
  12. Egypt (307.8 tons)
  13. Bahrain (132.1 tons)

Source: IndexBox Market Intelligence Platform

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