What is the price of turmeric per kilogram/pound in Germany today?
The retail price range for Germany turmeric is between US$ 4.21 and US$ 8.55 per kilogram or between US$ 1.91 and US$ 3.88 per pound(lb). Click here to see today's exact prices of turmeric in Germany
The retail price range in Euro for turmeric is between EUR 3.89 and EUR 7.90 per kilogram or between EUR 1.77 and EUR 3.58 per pound(lb) in Berlin and Leipzig.
Wholesale prices
In 2024, the approximate wholesale price range for Germany turmeric is between US$ 2.95 and US$ 5.99 per kilogram or between US$ 1.34 and US$ 2.71 per pound(lb).
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Germany Turmeric Export Prices - Historical, Trends and Prediction
The export price of Turmeric from Germany has seen a steady decline over the past five years. In 2011, the export price per kilogram was 5.25 US dollars, but by 2021, it had dropped to 4.29 US dollars. This represents a decrease of 18.2%. The most significant drop in price occurred between 2011 and 2012, when the price fell from 5.25 US dollars to 3.61 US dollars, a decrease of 31.2%. The price has been relatively stable since then, with the most recent year, 2021, seeing a slight decrease of 1.7%. Based on this trend, it is predicted that the export price of Turmeric from Germany in 2023 will be 3.45 US dollars per kilogram, and in 2024, 3.21 US dollars per kilogram.Germany Turmeric Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turmeric into Germany has been relatively stable over the last five years. In 2016, the price was 3.78 US dollars per kilogram, followed by 3.68 US dollars per kilogram in 2017. In 2018, the price increased to 4.33 US dollars per kilogram, and then decreased to 4.23 US dollars per kilogram in 2019. In 2020, the price rose to 4.5 US dollars per kilogram, and then dropped to 4.29 US dollars per kilogram in 2021. The most recent data shows that the import price per kilogram of Turmeric into Germany was 3.59 US dollars in 2022. Based on the data, it is likely that the import price per kilogram of Turmeric into Germany will remain relatively stable in the next two years. We predict that the price will be around 4.30 US dollars per kilogram in 2023 and 4.25 US dollars per kilogram in 2024.Export values for Germany turmeric
The total values in export for turmeric in Germany were US$ 3,571, US$ 4,483, US$ 5,045 and US$ 4,773 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Germany: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across Europe: Georgia turmeric, Albania turmeric, Belarus turmeric, Bosnia and Herzegovina turmeric, Bulgaria turmeric, Croatia turmeric, Czech Republic turmeric, Estonia turmeric, Greece turmeric & Hungary turmeric.
Germany turmeric - Production, Exports, Imports, Seasons and HS Codes
The quantity of turmeric sold by Germany in 2020 was 1,498 tons. In 2019 Germany sold 1,128 tonnes of turmeric. For 2019 alone, the demand for Germany turmeric (herbs and spices category) has reduced, flactuating by -3.176 per cent compared to the year 2018. Between 2017 and 2019, turmeric's exports decreased by -7.47% bringing the country US$4.77m for the year 2019. Germany's turmeric exports are categorised as:
- Turmeric "curcuma" (HS code 091030)
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Germany turmeric export values
In 2019, Germany sold turmeric worth 4.77m USD, a drop of -5.45% from 2018's total turmeric export of 5.045m USD. The yearly change in value of Germany turmeric between 2017 to 2018 was 12.536 per cent.
The annual/yearly change in the quantity of Germany's turmeric exports between 2017 and 2019 was -7.47 pc compared to a variation of -3.176% in the period between 2018 and 2019.
Germany's portion of the world's total turmeric's exports in 2019 was less than 1%. The country is ranked number 21 in world exports of turmeric.
Export markets for Germany turmeric ( in '000$ )
Import/Export Trends
Germany is a net importer of turmeric. The annual growth of Germany turmeric in value between 2015 to 2019 was -8%, per annum, while annual growth in quantity during the same period was -8%, per annum.
Germany procured 5,041 tonnes of turmeric in 2019.