Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $8,700 per ton, with an increase of 37% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced setback. The import price peaked at $12,004 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($11,373 per ton), while the price for Indonesia ($6,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.2%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile
In 2022, approx. 67 tons of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were imported into Chile; growing by 5% compared with the year before. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 188% against the previous year. As a result, imports reached the peak of 109 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground surged to $583K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 96%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 120 | 265 | 169 | 204 | 19.3% |
| Indonesia | 2.4 | 8.3 | 73.7 | 136 | 284.1% |
| Sri Lanka | 42.5 | 61.5 | 94.1 | 125 | 43.3% |
| India | 20.1 | 126 | 5.0 | 118 | 80.4% |
| Singapore | 106 | 96.8 | 56.3 | N/A | -27.1% |
| Others | 3.0 | 18.1 | 8.1 | 0.2 | -59.5% |
| Total | 295 | 576 | 406 | 583 | 25.5% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Chile in 2022:
- Indonesia (22.0 tons)
- Brazil (17.9 tons)
- India (14.0 tons)
- Sri Lanka (13.1 tons)
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This report provides an in-depth analysis of the clove market in Chile.
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This report provides an in-depth analysis of the global clove market.
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This report provides an in-depth analysis of the clove market in Chile.
6944
This report provides an in-depth analysis of the global clove market.
3056
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5102
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4681
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6660
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1911
Singapore dominates in the global clove trade. In 2014, Singapore exported X thousand tons of сlove totaling X million USD, X times over the previous year. Its primary trading partner was Malaysia, where it supplied X% of its total сlove exports
3056
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5102
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4681
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6660
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1911
Singapore dominates in the global clove trade. In 2014, Singapore exported X thousand tons of сlove totaling X million USD, X times over the previous year. Its primary trading partner was Malaysia, where it supplied X% of its total сlove exports
