Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $2,199 per ton in 2022, reducing by -16.3% against the previous year. Overall, the import price faced a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the maximum at $10,423 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 Indonesia ($3,330 per ton), while the price for Singapore amounted to $1,249 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar
After two years of decline, supplies from abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground increased by 46% to 44 tons in 2022. In general, imports, however, saw a dramatic contraction.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $97K in 2022. Overall, imports, however, saw a sharp descent.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 238 | 209 | 49.0 | 67.3 | -34.4% |
| Singapore | N/A | N/A | N/A | 30.1 | 0% |
| Sri Lanka | N/A | N/A | 29.9 | N/A | 0% |
| India | 54.0 | N/A | 0.6 | N/A | -89.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 292 | 209 | 79.5 | 97.4 | -30.6% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Myanmar in 2022:
- Singapore (24.1 tons)
- Indonesia (20.2 tons)
820
This report provides an in-depth analysis of the clove market in Myanmar.
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This report provides an in-depth analysis of the global clove market.
820
This report provides an in-depth analysis of the clove market in Myanmar.
6957
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.
5106
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.
6669
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1919
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.
6669
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1919
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
