Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $15,703 per ton in 2022, increasing by 1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($16,805 per ton), while the price for India totaled $12,950 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador
In 2022, after two years of decline, there was significant growth in purchases abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground, when their volume increased by 212% to 128 kg. Over the period under review, imports, however, saw a precipitous shrinkage.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $2K in 2022. Overall, imports, however, faced a deep contraction.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 3.1 | 1.8 | 0.6 | 1.5 | -21.5% |
| India | N/A | N/A | N/A | 0.5 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 1.8 | 0.6 | 2.0 | -13.6% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Ecuador in 2022:
- Indonesia (87.0 kg)
- India (40.0 kg)
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This report provides an in-depth analysis of the clove market in Ecuador.
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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 Ecuador.
7028
This report provides an in-depth analysis of the global clove market.
3097
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5125
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1935
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
3097
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5125
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6697
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1935
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
