Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia - 2023

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia (CIF) - 2022
  2. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $9,601 per ton, growing by 35% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 303%. The import price peaked at $26,587 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($9,620 per ton), while the price for Argentina totaled $9,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced a decline.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia

After two years of decline, purchases abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground increased by 13% to 1.9 tons in 2022. Overall, imports, however, faced a abrupt contraction.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $18K in 2022. Over the period under review, imports, however, saw a abrupt shrinkage.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina19.810.29.616.9-5.1%
United States0.40.91.51.035.7%
Brazil4.2N/AN/AN/A0%
OthersN/AN/A0.7N/A0%
Total24.411.111.718.0-9.6%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Bolivia in 2022:

  1. Argentina (1764.0 kg)
  2. United States (108.0 kg)

Source: IndexBox Market Intelligence Platform

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