Price for Spices; Ginger, Neither Crushed Nor Ground in Greece - 2023
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Greece (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in Greece (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Greece
- Exports of Spices; Ginger, Neither Crushed Nor Ground in Greece
Price for Spices; Ginger, Neither Crushed Nor Ground in Greece (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $1,523 per ton in 2022, which is down by -26.7% against the previous year. In general, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 an increase of 52% against the previous year. The import price peaked at $2,115 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,565 per ton), while the price for China amounted to $1,452 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.1%).
Price for Spices; Ginger, Neither Crushed Nor Ground in Greece (FOB) - 2022
The average export price for spices; ginger, neither crushed nor ground stood at $1,511 per ton in 2022, shrinking by -23.3% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44% against the previous year. The export price peaked at $8,252 per ton in 2012; however, from 2013 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 Cyprus ($2,481 per ton), while the average price for exports to Albania ($760 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 Serbia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Ginger, Neither Crushed Nor Ground in Greece
In 2022, the amount of spices; ginger, neither crushed nor ground imported into Greece surged to 1.4K tons, jumping by 19% against the previous year's figure. The total import volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of spices; ginger, neither crushed nor ground shrank to $2.2M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Ginger, Neither Crushed Nor Ground in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 2.0 | 1.6 | 1.4 | 5.3% |
| Netherlands | 0.3 | 0.4 | 0.6 | 0.6 | 26.0% |
| Others | 0.1 | 0.3 | 0.3 | 0.2 | 26.0% |
| Total | 1.5 | 2.7 | 2.5 | 2.2 | 13.6% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Greece in 2022:
- China (993.5 tons)
- Netherlands (358.8 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in Greece
In 2022, approx. 199 tons of spices; ginger, neither crushed nor ground were exported from Greece; with an increase of 31% on the previous year's figure. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 102%. As a result, the exports reached the peak of 342 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; ginger, neither crushed nor ground totaled $301K in 2022. Over the period under review, exports recorded buoyant growth. The pace of growth was the most pronounced in 2020 when exports increased by 192% against the previous year. As a result, the exports attained the peak of $684K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Spices; Ginger, Neither Crushed Nor Ground in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 82.8 | 219 | 177 | 92.1 | 3.6% |
| Israel | N/A | N/A | N/A | 54.7 | 0% |
| Netherlands | N/A | 32.5 | N/A | 49.9 | 23.9% |
| Cyprus | 50.8 | 101 | 62.8 | 38.5 | -8.8% |
| Albania | 12.1 | 15.9 | 16.1 | 25.3 | 27.9% |
| North Macedonia | 27.6 | 17.5 | 13.1 | 7.7 | -34.7% |
| Kosovo | N/A | 21.6 | 12.5 | 7.5 | -41.1% |
| Serbia | 37.9 | 66.7 | 3.6 | 3.0 | -57.1% |
| United Kingdom | N/A | 24.2 | N/A | N/A | 0% |
| Italy | N/A | 87.6 | N/A | N/A | 0% |
| Others | 23.2 | 98.2 | 12.6 | 21.8 | -2.1% |
| Total | 235 | 684 | 298 | 301 | 8.6% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from Greece in 2022:
- Bulgaria (63.2 tons)
- Netherlands (39.2 tons)
- Albania (33.3 tons)
- Israel (29.9 tons)
- Cyprus (15.5 tons)
- Kosovo (4.9 tons)
- North Macedonia (4.3 tons)
- Serbia (1.6 tons)
792
This report provides an in-depth analysis of the ginger market in Greece.
92
This report provides an in-depth analysis of the market for spices except pepper or ginger in Greece.
1080
This report provides an in-depth analysis of the market for dog and cat food in Greece.
735
This report provides an in-depth analysis of the apricot market in Greece.
905
This report provides an in-depth analysis of the virgin olive oil market in Greece.
1181
This report provides an in-depth analysis of the paint and varnish market in Greece.
504
This report provides an in-depth analysis of the olive oil market in Greece.
450
This report provides an in-depth analysis of the encased lead pencil market in Greece.
290
This report provides an in-depth analysis of the assembled clock movements market in Greece.
396
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Greece.
911
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1024
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
783
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7506
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8587
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1381
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7888
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11869
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1622
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3389
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
