Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $5,477 per ton in 2022, surging by 3.1% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground increased by +42.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure at $7,357 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($5,957 per ton) and India ($5,902 per ton), while the price for Madagascar ($4,486 per ton) and Indonesia ($5,741 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya
In 2022, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground into Libya fell to 55 tons, with a decrease of -12.8% against 2021 figures. In general, imports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground reduced to $299K in 2022. Overall, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 25%.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 55.6 | 59.4 | 102 | 135 | 34.4% |
| Madagascar | N/A | N/A | N/A | 75.0 | 0% |
| United Arab Emirates | 124 | 32.7 | 65.3 | 68.9 | -17.8% |
| Indonesia | 239 | 173 | 163 | 17.3 | -58.3% |
| Egypt | 3.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.5 | 2.2 | 2.8 | 136.6% |
| Total | 423 | 266 | 333 | 299 | -10.9% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Libya in 2022:
- India (22.9 tons)
- Madagascar (16.7 tons)
- United Arab Emirates (11.6 tons)
- Indonesia (3.0 tons)
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This report provides an in-depth analysis of the clove market in Libya.
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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 Libya.
6961
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.
5107
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.
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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.
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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
3071
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5107
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.
1920
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
