Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $32,861 per ton, picking up by 235% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $33,027 per ton in 2015; however, from 2016 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 France ($106,000 per ton), while the price for Indonesia ($10,990 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $15,478 per ton, growing by 47% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2016 to 2022, the rate of growth in terms of prices for the United States amounted to +46.7% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco
After two years of decline, overseas purchases of spices; cloves (whole fruit, cloves and stems), crushed or ground increased by 2,496% to 1.2 tons in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground soared to $40K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 38.6 | 0% |
| Indonesia | 0.1 | N/A | N/A | 1.2 | 128.9% |
| United Arab Emirates | 2.8 | 1.4 | 0.4 | N/A | -62.2% |
| Others | 0.3 | 0.3 | N/A | 0.3 | 0.0% |
| Total | 3.2 | 1.7 | 0.5 | 40.1 | 132.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Morocco in 2022:
- India (1112.0 kg)
- Indonesia (105.0 kg)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco
In 2022, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground from Morocco surged to 335 kg, jumping by 1,575% compared with 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground skyrocketed to $5.2K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 0.2 | 5.2 | 2500.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 0.2 | 5.2 | 2500.0% | ||
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Morocco in 2022:
- United States (335.0 kg)
550
This report provides an in-depth analysis of the clove market in Morocco.
6986
This report provides an in-depth analysis of the global clove market.
550
This report provides an in-depth analysis of the clove market in Morocco.
6986
This report provides an in-depth analysis of the global clove market.
3078
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.
4693
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6675
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
3078
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.
4693
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6675
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
