The new crop from Guatemala of approx. 35,000 kg was satisfying and dropped the price level down. We expect stable prices for the next months.
Because of the new customs rates for Chinese goods the price level for all chili products has slightly increased. There is no change expected.
Caraway is a biennial plant. The new crop in August may turn out worse than in the previous year. Consequently, we expect increasing prices. Finland grew less caraway because of the low earnings. Better profits are gained by harvesting alternative crops.
Unfortunately, Egypt did not grow suffiently Marjoram due to the fact that the farmers earn more money for wheat while doing less work. We must expect increasing prices in the next months for all Mediterranean products, i.e. seeds and herbs (Basil).
The harvest in Vietnam is in progress, but it will take 2 – 3 months until the goods will arrive in Europe and currently, there are no more goods available. Great quantities cannot be offered. We still expect high prices but in May we can imagine the prices to drop slightly.
Currently there is less quantity of allspice available, because Mexico did not load any more. Availability is limited, goods are expensive. The prices will increase until the new harvest in September.