Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran - 2022

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (CIF) - 2022
  2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (FOB) - 2022
  3. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran
  4. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $1,661 per ton, growing by 10% against the previous year. In general, the import price, however, showed a deep contraction. Over the period under review, average import prices reached the maximum at $4,604 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($8,224 per ton), while the price for Tanzania ($451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $4,686 per ton in 2022, falling by -1.6% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 142% against the previous year. Over the period under review, the average export prices attained the maximum at $19,711 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($5,579 per ton), while the average price for exports to Germany ($1,088 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 Azerbaijan (-12.4%), while the prices for the other major destinations experienced a decline.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran

In 2022, the amount of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground imported into Iran surged to 161 tons, growing by 185% on 2021 figures. Overall, imports posted a prominent expansion.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground surged to $267K in 2022. Over the period under review, imports showed a remarkable increase.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia75.622616.218735.2%
Madagascar49.855.732.034.8-11.3%
Sri Lanka19.526.217.418.9-1.0%
Turkey8.714.210.511.710.4%
United Arab Emirates49.81043.53.7-58.0%
TanzaniaN/AN/AN/A1.90%
ComorosN/A18.5N/AN/A0%
Others3.04.65.49.044.2%
Total20744984.92678.9%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Iran in 2022:

  1. Indonesia (115.5 tons)
  2. Madagascar (13.8 tons)
  3. Turkey (13.1 tons)
  4. Sri Lanka (11.0 tons)
  5. Tanzania (4.2 tons)
  6. United Arab Emirates (2.1 tons)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran

Exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground from Iran shrank sharply to 544 kg in 2022, which is down by -48.5% compared with the previous year. Overall, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 3,100% against the previous year.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground contracted markedly to $2.5K in 2022. In general, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 7,638%. As a result, the exports attained the peak of $5K, and then fell sharply in the following year.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan2,29135.09822,184-1.6%
Georgia92517.0610165-43.7%
NetherlandsN/AN/AN/A1060%
GermanyN/AN/AN/A62.00%
Czech RepublicN/AN/A1,343N/A0%
Kyrgyzstan342N/AN/AN/A0%
PakistanN/AN/A343N/A0%
CanadaN/AN/A1,296N/A0%
Others73.013.045632.0-24.0%
Total3,63165.05,0302,549-11.1%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Iran in 2022:

  1. Azerbaijan (397.0 kg)
  2. Georgia (69.0 kg)
  3. Germany (57.0 kg)
  4. Netherlands (19.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems), neither crushed nor ground - Iran