Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine - 2023

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (CIF) - 2022
  2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (FOB) - 2022
  3. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine
  4. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $9,966 per ton, surging by 21% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 56%. As a result, import price attained the peak level of $16,441 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($12,047 per ton), while the price for Spain totaled $9,865 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-3.4%), while the prices for the other major suppliers experienced a decline.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (FOB) - 2022

In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $4,000 per ton, remaining constant against the previous year. Over the period under review, the export price showed a precipitous slump. The most prominent rate of growth was recorded in 2017 a decrease of -28.1%. The export price peaked at $72,500 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2015 to 2022, the rate of growth in terms of prices for Georgia amounted to -18.9% per year.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine

In 2022, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground into Ukraine declined to 2.9 tons, stabilizing at 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year. As a result, imports reached the peak of 2.9 tons, and then declined modestly in the following year.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground skyrocketed to $29K in 2022. Overall, imports saw a abrupt setback.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain29.826.922.227.8-2.3%
Indonesia1.21.31.71.0-5.9%
Others3.70.40.40.1-70.0%
Total34.728.724.329.0-5.8%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Ukraine in 2022:

  1. Spain (2820.0 kg)
  2. Indonesia (85.0 kg)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine

In 2022, the amount of spices; cloves (whole fruit, cloves and stems), crushed or ground exported from Ukraine dropped significantly to 1 kg, which is down by -50% on the previous year. Overall, exports saw a sharp shrinkage.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground fell dramatically to $4 in 2022. Over the period under review, exports continue to indicate a dramatic decline.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Ukraine (USD)
COUNTRY20212022CAGR,
2021-2022
Georgia1.04.0300.0%
Israel7.0N/A0%
OthersN/AN/A0%
Total8.04.0-50.0%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Ukraine in 2022:

  1. Georgia (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3070

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5106

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4689

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6668

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 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

Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3070

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5106

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4689

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6668

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 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

Free Data: Spices; cloves (whole fruit, cloves and stems), crushed or ground - Ukraine