Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Nepal - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Nepal (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Nepal
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Nepal (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $4,031 per ton, reducing by -8.3% against the previous year. Over the period under review, the import price saw a abrupt decrease. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. The import price peaked at $10,225 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($5,072 per ton), while the price for Indonesia ($3,512 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+0.7%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Nepal
In 2022, the amount of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground imported into Nepal surged to 211 tons, picking up by 20% compared with 2021 figures. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 219% against the previous year. As a result, imports reached the peak of 449 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 rose notably to $852K in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 205% against the previous year. As a result, imports reached the peak of $1.8M. 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 422 | 1,411 | 356 | 365 | -4.7% |
| India | 18.4 | 87.1 | 137 | 263 | 142.7% |
| Madagascar | 11.9 | 34.8 | 60.2 | 223 | 165.6% |
| Comoros | 48.6 | 39.9 | 55.1 | N/A | 6.5% |
| Brazil | 53.7 | 87.8 | 60.1 | N/A | 5.8% |
| Others | 32.2 | 129 | 109 | N/A | 84.0% |
| Total | 586 | 1,790 | 777 | 852 | 13.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Nepal in 2022:
- Indonesia (104.0 tons)
- India (63.3 tons)
- Madagascar (44.0 tons)
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This report provides an in-depth analysis of the clove market in Nepal.
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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 Nepal.
7034
This report provides an in-depth analysis of the global clove market.
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
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
