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

Contents:

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

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

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $7,421 per ton, reducing by -15.1% against the previous year. Over the period under review, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $16,831 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($13,951 per ton), while the price for Madagascar ($4,049 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Comoros (+15.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $8,493 per ton in 2022, waning by -31.4% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 22%. Over the period under review, the average export prices attained the maximum at $24,186 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($14,549 per ton), while the average price for exports to Poland ($7,487 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems), crushed or ground decreased by -20% to 88 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of 110 tons, and then fell rapidly in the following year.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground shrank markedly to $652K in 2022. Overall, imports showed a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $959K, and then contracted notably in the following year.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia31.920138820285.0%
Madagascar34721.283.8139-26.3%
Spain32.727016398.844.6%
Netherlands19393.319997.3-20.4%
Germany69.655.963.246.5-12.6%
Sri Lanka7.213.821.037.773.6%
Belgium7.60.718.911.314.1%
Others52.437.622.619.5-28.1%
Total742694959652-4.2%

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

  1. Madagascar (34.2 tons)
  2. Indonesia (24.8 tons)
  3. Netherlands (11.7 tons)
  4. Spain (7.1 tons)
  5. Germany (4.0 tons)
  6. Sri Lanka (2.9 tons)
  7. Belgium (1.5 tons)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in France

For the third year in a row, France recorded decline in overseas shipments of spices; cloves (whole fruit, cloves and stems), crushed or ground, which decreased by -12.2% to 21 tons in 2022. Overall, exports faced a deep slump. The smallest decline of -2.9% was in 2020.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground dropped significantly to $178K in 2022. Over the period under review, exports saw a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 3.1%. As a result, the exports reached the peak of $428K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland159176156123-8.2%
Portugal43.755.151.813.4-32.6%
Netherlands15.719.821.811.5-9.9%
United Kingdom54.385.520.29.4-44.3%
Belgium2.05.25.17.354.0%
Switzerland6.09.411.75.0-5.9%
Germany12562.60.10.5-84.1%
Others9.314.528.27.6-6.5%
Total415428295178-24.6%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from France in 2022:

  1. Poland (16.4 tons)
  2. Netherlands (1.0 tons)
  3. United Kingdom (1.0 tons)
  4. Portugal (0.9 tons)
  5. Belgium (0.6 tons)
  6. Switzerland (0.4 tons)
  7. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems), crushed or ground - France