Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa - 2024
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $4,217 per ton, surging by 5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35% against the previous year. As a result, import price attained the peak level of $4,462 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($8,605 per ton), while the price for India ($2,268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+10.1%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $3,932 per ton in 2022, shrinking by -27.7% against the previous year. In general, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 48%. Over the period under review, the average export prices hit record highs at $8,893 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($13,685 per ton), while the average price for exports to Swaziland ($2,135 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+45.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa
In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems), crushed or ground decreased by -4.4% to 153 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 111% against the previous year. As a result, imports attained the peak of 261 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $646K in 2022. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 119% against the previous year. As a result, imports reached the peak of $852K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 167 | 406 | 256 | 321 | 24.3% |
| India | 136 | 321 | 124 | 223 | 17.9% |
| Vietnam | 85.4 | 120 | 187 | 100 | 5.4% |
| Indonesia | N/A | N/A | 73.0 | 0.1 | -99.9% |
| Others | 0.5 | 5.5 | 3.3 | 2.7 | 75.4% |
| Total | 388 | 852 | 643 | 646 | 18.5% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to South Africa in 2022:
- India (98.2 tons)
- Sri Lanka (37.3 tons)
- Vietnam (17.5 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in South Africa
Exports of spices; cloves (whole fruit, cloves and stems), crushed or ground from South Africa skyrocketed to 15 tons in 2022, growing by 348% on 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports reached 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 surged to $57K in 2022. Overall, exports saw significant growth. 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 0.7 | 1.9 | 3.2 | 17.3 | 191.3% |
| Zimbabwe | 0.5 | 0.3 | 1.6 | 11.0 | 180.2% |
| Namibia | 3.7 | 1.9 | 6.6 | 10.6 | 42.0% |
| Zambia | 3.0 | 2.9 | 1.0 | 9.1 | 44.8% |
| Swaziland | 0.9 | 1.5 | 0.3 | 4.2 | 67.1% |
| Mozambique | 0.2 | 0.9 | 0.5 | 2.4 | 128.9% |
| Others | 3.7 | 1.9 | 4.5 | 2.5 | -12.3% |
| Total | 12.6 | 11.3 | 17.7 | 57.2 | 65.6% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from South Africa in 2022:
- Botswana (4.7 tons)
- Zimbabwe (3.5 tons)
- Zambia (2.6 tons)
- Swaziland (2.0 tons)
- Namibia (0.8 tons)
- Mozambique (0.5 tons)
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This report provides an in-depth analysis of the clove market in South Africa.
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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 South Africa.
6953
This report provides an in-depth analysis of the global clove market.
3069
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.
4687
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6667
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
3069
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.
4687
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6667
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
