Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $4,548 per ton, with a decrease of -6.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 an increase of 92% against the previous year. The import price peaked at $11,933 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($13,429 per ton), while the price for the United Arab Emirates ($3,865 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+22.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $13,607 per ton in 2022, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 45%. As a result, the export price attained the peak level of $27,296 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +0.4% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman
In 2022, the amount of spices; cloves (whole fruit, cloves and stems), crushed or ground imported into Oman soared to 14 tons, with an increase of 43% on 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 313% against the previous year. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground soared to $65K in 2022. Overall, imports saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 90% against the previous year. As a result, imports attained the peak of $81K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | 22.4 | N/A | 57.3 | 59.9% |
| United Arab Emirates | 22.2 | 42.9 | 36.9 | 3.9 | -44.0% |
| India | 18.2 | 7.1 | 1.7 | 1.6 | -55.5% |
| Others | 2.3 | 9.0 | 10.1 | 2.3 | 0.0% |
| Total | 42.7 | 81.4 | 48.8 | 65.1 | 15.1% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Oman in 2022:
- Tanzania (13.0 tons)
- United Arab Emirates (1.0 tons)
- India (0.1 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman
In 2022, shipments abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground was finally on the rise to reach 178 kg after two years of decline. Overall, exports, however, saw a precipitous decline.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $2.4K in 2022. In general, exports, however, showed a sharp shrinkage.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 22.5 | 3.8 | 1.1 | 2.4 | -52.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.5 | 3.8 | 1.1 | 2.4 | -52.6% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Oman in 2022:
- Qatar (178.0 kg)
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This report provides an in-depth analysis of the clove market in Oman.
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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 Oman.
7113
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.
5139
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4714
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.
1938
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
3117
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5139
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4714
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6711
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1938
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
