Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $3,909 per ton, waning by -6% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 48%. Over the period under review, average import prices hit record highs at $10,720 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Madagascar ($15,880 per ton), while the price for Indonesia totaled $3,515 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-4.7%).
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina
In 2022, after three years of growth, there was significant decline in supplies from abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground, when their volume decreased by -21.6% to 1.6 tons. In general, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 9.4%. As a result, imports attained the peak of 2 tons, and then shrank rapidly in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground shrank significantly to $6.1K in 2022. Overall, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +19.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of $8.3K, and then shrank rapidly in the following year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.8 | 4.2 | 7.6 | 5.3 | 3.4% |
| Madagascar | N/A | N/A | N/A | 0.8 | 0% |
| Brazil | 0.8 | 0.7 | 0.7 | N/A | -6.5% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 5.6 | 5.1 | 8.3 | 6.1 | 2.9% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Argentina in 2022:
- Indonesia (1520.0 kg)
- Madagascar (50.0 kg)
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This report provides an in-depth analysis of the clove market in Argentina.
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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 Argentina.
6955
This report provides an in-depth analysis of the global clove market.
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Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
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Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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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.
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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
3070
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5106
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4689
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.
1916
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
