Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Japan - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Japan (CIF) - 2023
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Japan
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Japan (CIF) - 2023
In November 2023, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $9,029 per ton, shrinking by -8.1% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 127% against the previous month. Over the period under review, average import prices attained the maximum at $10,413 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($12,388 per ton), while the price for Sri Lanka ($4,785 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Tanzania (+1.3%), 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 Japan
In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground increased by 19% to 395 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $3.3M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 1,675 | 1,401 | 1,488 | 2,514 | 14.5% |
| Indonesia | 480 | 198 | 515 | 325 | -12.2% |
| Sri Lanka | 131 | 182 | 201 | 285 | 29.6% |
| Tanzania | 326 | 174 | 138 | 105 | -31.5% |
| India | 39.6 | 72.6 | 58.9 | 90.2 | 31.6% |
| Others | 68.4 | 69.8 | 24.6 | 28.4 | -25.4% |
| Total | 2,720 | 2,097 | 2,426 | 3,347 | 7.2% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Japan in 2022:
- Madagascar (293.9 tons)
- Indonesia (64.0 tons)
- Sri Lanka (17.4 tons)
- Tanzania (11.4 tons)
- India (7.5 tons)
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This report provides an in-depth analysis of the clove market in Japan.
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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 Japan.
6960
This report provides an in-depth analysis of the global clove market.
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.
4691
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6670
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.
4691
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6670
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
