Please scroll to Know how can you grow your profits by 25% or more in Spices Imports
Spices import has seen a growth of about 43% in the month of Mar-2018 when compared to Feb-2018 withapprox US XX.X billion of imports reported by China Custom Import Shipment database.
Total imports of Spices, stood at XX.X billion in 2018.In 2018, imports of Spices increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Spices : Based on import statistics of past few months, Spices imports is expected to increase in size to US$XX.X billion by Jan 2019
Imports Analysis of Prices of Spices Mar 2018 show that fastest groiwing price band is US$ 0.0-55.81 for Spices and market has a preference for price range between US$ 0.0-55.81.
The highest number of quantity was 184.9 Thousand in the price band US$ 0.0-55.81 , the second highest quantity came under the price band US$ 498.2-554.0 with 2.0.
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Prices of Spices have fluctuated between $ 0.51 to $ 553.5, during the month of Feb-2018. For a Complete Price trend of a larger period , please order a paid report.
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In Mar 2018, import of Spices to Australia was most profitable ,followed by Japan and Malaysia . The above charts shows quantum of import of Spices at various price points to different countries.
Australia Average Prices for Spices is $ 588.04 ,Japan is $ 124.88 and Malaysia is $ 86.1.
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India, Malaysia, Turkey were the leading Exporters of Spices to China with a market share of 60.95% with a import value of US$ 299.0 Thousand as per imports details released by China Custom import Database.
India has a market share with 23.87% , followed by Malaysia with 22.69% and Turkey with 14.39%
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
Import Export statistics | ||||
---|---|---|---|---|
Country | Growth Rate | Import Value | Avg. Price | Profit Margin |
India | 23.87% | |||
Malaysia | 22.69% | |||
Turkey | 14.39% | |||
Australia | 11.39% | |||
Germany | 6.81% |
India, Malaysia, Turkey, Australia, Germany were the fastest growing Exporters of Spices to China The growth rate of India is 23.87% , Malaysia is 22.69% and Turkey is 14.39% , as per imports shipping bills filed with China Custom.
The imports statistics on left show Growth rate and average price of Spices imports to the India, Malaysia, Turkey, Australia, Germany as of Mar 2018.
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
As per Voleba import Data bank, Shanghai is the leading imports port for Spices goods , It handled 39.49% of the country’s Spices cargo. This port handled roughly US$ 193.7 Thousand worth of imports in 2,017.
Jinan comes seccond and it handled 13.42% of the country’s Spices imports products. This port handled roughly US$ 65.8 Thousand worth of imports in 2,017. Xiamen comes third in the rank and it handled 12.95% of the country’s Spices imports items. This port handled roughly US$ 63.5 Thousand worth of imports in 2,017.
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