Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $8,854 per ton in 2022, jumping by 25% against the previous year. In general, the import price, however, recorded a deep reduction. The import price peaked at $17,376 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($9,549 per ton), while the price for Indonesia ($5,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.4%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia
After three years of growth, overseas purchases of spices; cloves (whole fruit, cloves and stems), crushed or ground decreased by -9.1% to 1.6 tons in 2022. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground expanded remarkably to $14K in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.1 | 8.8 | 7.3 | 12.7 | 21.4% |
| Indonesia | 1.5 | 0.1 | 2.0 | 1.4 | -2.3% |
| Vietnam | N/A | N/A | N/A | 0.2 | 0% |
| Spain | 1.6 | 1.4 | 0.9 | N/A | -25.0% |
| Madagascar | N/A | N/A | 2.0 | N/A | 0% |
| Others | 1.8 | 0.5 | 0.4 | N/A | -52.9% |
| Total | 12.0 | 10.8 | 12.5 | 14.3 | 6.0% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Colombia in 2022:
- India (1325.0 kg)
- Indonesia (260.0 kg)
- Vietnam (25.0 kg)
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This report provides an in-depth analysis of the clove market in Colombia.
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This report provides an in-depth analysis of the global clove market.
959
This report provides an in-depth analysis of the clove market in Colombia.
6963
This report provides an in-depth analysis of the global clove market.
3072
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5107
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4692
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6672
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1920
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
3072
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5107
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4692
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6672
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1920
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
