Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia - 2023

Contents:

1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia (CIF) - 2022
2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia (FOB) - 2022
3. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia
4. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $22,878 per ton, waning by -8.9% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +52.0% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 67%. As a result, import price attained the peak level of $25,109 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($43,148 per ton), while the price for Italy ($15,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $24,910 per ton in 2022, surging by 15% against the previous year. Over the period under review, export price indicated measured 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, export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground decreased by -18.8% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 83% against the previous year. As a result, the export price reached the peak level of $30,675 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($38,249 per ton), while the average price for exports to Hungary ($4,200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+22.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia

In 2022, approx. 4.9 tons of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were imported into Slovenia; surging by 27% compared with 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. As a result, imports reached the peak of 8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground skyrocketed to $113K in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period.

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Slovenia in 2022:

1. Austria (2650.0 kg)
2. Croatia (1670.0 kg)
3. Italy (384.0 kg)
4. Germany (115.0 kg)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Slovenia

In 2022, approx. 467 kg of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were exported from Slovenia; surging by 1,457% against 2021. In general, exports saw a strong increase.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $12K in 2022. Overall, exports saw a remarkable increase.

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Slovenia in 2022:

1. Austria (257.0 kg)
2. Bosnia and Herzegovina (135.0 kg)
3. Croatia (36.0 kg)
4. Hungary (35.0 kg)

Source: IndexBox Market Intelligence Platform