Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $3,409 per ton, which is down by -17.7% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the peak figure at $7,382 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Sri Lanka ($9,009 per ton), while the price for Madagascar ($751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq
In 2022, approx. 1K tons of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were imported into Iraq; surging by 26% on the previous year's figure. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 61%. As a result, imports attained the peak of 1.3K 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), neither crushed nor ground totaled $3.5M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 5.9% against the previous year. As a result, imports attained the peak of $3.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2,355 | 2,580 | 2,812 | 2,678 | 4.4% |
| Madagascar | 78.1 | 146 | 8.3 | 432 | 76.9% |
| Tanzania | N/A | N/A | N/A | 233 | 0% |
| Sri Lanka | 773 | 572 | 172 | 129 | -44.9% |
| Indonesia | 185 | 293 | 363 | 17.2 | -54.7% |
| Others | 53.2 | 57.4 | 16.1 | 20.6 | -27.1% |
| Total | 3,444 | 3,648 | 3,372 | 3,510 | 0.6% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Iraq in 2022:
- Madagascar (574.9 tons)
- United Arab Emirates (372.6 tons)
- Tanzania (48.0 tons)
- Sri Lanka (14.4 tons)
- Indonesia (5.7 tons)
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This report provides an in-depth analysis of the clove market in Iraq.
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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 Iraq.
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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.
5126
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
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.
1937
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
3100
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5126
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6698
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1937
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
