Price for Spices; Nutmeg, Crushed or Ground in Egypt - 2022
Contents:
- Price for Spices; Nutmeg, Crushed or Ground in Egypt (CIF) - 2022
- Price for Spices; Nutmeg, Crushed or Ground in Egypt (FOB) - 2022
- Imports of Spices; Nutmeg, Crushed or Ground in Egypt
- Exports of Spices; Nutmeg, Crushed or Ground in Egypt
Price for Spices; Nutmeg, Crushed or Ground in Egypt (CIF) - 2022
In 2022, the average import price for spices; nutmeg, crushed or ground amounted to $9,964 per ton, rising by 13% against the previous year. In general, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2016 an increase of 20%. Over the period under review, average import prices hit record highs at $15,134 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($9,964 per ton), while the price for Spain amounted to $9,964 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Crushed or Ground in Egypt (FOB) - 2022
The average export price for spices; nutmeg, crushed or ground stood at $11,068 per ton in 2022, waning by -12% against the previous year. In general, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 88%. As a result, the export price attained the peak level of $28,462 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +0.9% per year.
Imports of Spices; Nutmeg, Crushed or Ground in Egypt
In 2022, supplies from abroad of spices; nutmeg, crushed or ground decreased by -13.1% to 23 tons, falling for the second year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, spices; nutmeg, crushed or ground imports reduced modestly to $234K in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 -26.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 50%. As a result, imports attained the peak of $317K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spices; Nutmeg, Crushed or Ground in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 71.7 | 83.4 | 30.1 | 125 | 20.4% |
| Spain | 0.9 | 4.6 | 18.4 | 108 | 393.2% |
| Sri Lanka | 57.7 | 98.6 | 65.2 | N/A | 6.3% |
| United Arab Emirates | 21.9 | 32.8 | 18.0 | N/A | -9.3% |
| Netherlands | 33.7 | 91.8 | 71.7 | N/A | 45.9% |
| Others | 26.0 | 5.9 | 33.9 | 1.0 | -66.2% |
| Total | 212 | 317 | 237 | 234 | 3.3% |
Top Suppliers of Spices; Nutmeg, Crushed or Ground to Egypt in 2022:
- Indonesia (12.5 tons)
- Spain (10.9 tons)
Exports of Spices; Nutmeg, Crushed or Ground in Egypt
In 2022, shipments abroad of spices; nutmeg, crushed or ground increased by 154% to 322 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep setback.
In value terms, spices; nutmeg, crushed or ground exports skyrocketed to $3.6K in 2022. Over the period under review, exports, however, faced a sharp decrease.
| Export of Spices; Nutmeg, Crushed or Ground in Egypt (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,279 | N/A | N/A | 3,564 | 16.1% |
| Norway | 530 | 224 | 207 | N/A | -37.5% |
| Switzerland | 1,324 | N/A | N/A | N/A | 0% |
| Sweden | 722 | 49.0 | 214 | N/A | -45.6% |
| Austria | 1,185 | 403 | 299 | N/A | -49.8% |
| Kuwait | N/A | 321 | N/A | N/A | 0% |
| Netherlands | 929 | 464 | 505 | N/A | -26.3% |
| Others | 68.0 | 485 | 373 | N/A | 134.2% |
| Total | 7,037 | 1,946 | 1,598 | 3,564 | -20.3% |
Top Export Markets for Spices; Nutmeg, Crushed or Ground from Egypt in 2022:
- Spain (322.0 kg)
765
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Egypt.
3993
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
765
This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Egypt.
3993
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3777
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
8422
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.
3860
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,
3777
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
8422
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.
3860
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,
