Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $12,560 per ton in 2022, shrinking by -20.8% against the previous year. In general, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $23,904 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($19,008 per ton), while the price for Indonesia ($5,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.0%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $30,512 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure at $58,934 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($55,459 per ton), while the average price for exports to Estonia ($13,737 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 the Netherlands (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden
In 2022, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground into Sweden skyrocketed to 36 tons, jumping by 60% compared with the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground surged to $448K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 187 | 207 | 229 | 234 | 7.8% |
| Netherlands | 4.1 | N/A | 3.4 | 66.7 | 153.4% |
| Indonesia | 5.2 | 2.6 | 3.3 | 61.2 | 127.5% |
| Germany | 50.2 | 135 | 64.1 | 51.5 | 0.9% |
| Denmark | 2.0 | 5.4 | 1.8 | 13.6 | 89.5% |
| Lebanon | 24.2 | 29.4 | 1.5 | 1.0 | -65.4% |
| Spain | N/A | 20.1 | N/A | N/A | 0% |
| Others | 11.8 | 26.0 | 50.3 | 19.8 | 18.8% |
| Total | 284 | 426 | 353 | 448 | 16.4% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Sweden in 2022:
- Estonia (12.3 tons)
- Indonesia (11.6 tons)
- Netherlands (6.7 tons)
- Germany (3.0 tons)
- Denmark (0.8 tons)
- Lebanon (0.1 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden
In 2022, shipments abroad of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground increased by 2.9% to 4.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a slight curtailment.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground expanded modestly to $140K in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 23%. As a result, the exports reached the peak of $146K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 54.0 | 70.5 | 67.0 | 73.5 | 10.8% |
| Norway | 19.8 | 34.2 | 32.8 | 29.0 | 13.6% |
| Finland | 30.1 | 30.9 | 25.1 | 26.2 | -4.5% |
| Germany | 0.2 | 0.8 | 1.5 | 3.8 | 166.8% |
| Estonia | 12.1 | 3.5 | 2.4 | 3.5 | -33.9% |
| Others | 2.1 | 6.1 | 7.9 | 3.5 | 18.6% |
| Total | 118 | 146 | 137 | 140 | 5.9% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Sweden in 2022:
- Denmark (2147.0 kg)
- Norway (1451.0 kg)
- Finland (473.0 kg)
- Estonia (255.0 kg)
- Germany (150.0 kg)
674
This report provides an in-depth analysis of the clove market in Sweden.
6950
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 Sweden.
6950
This report provides an in-depth analysis of the global clove market.
3061
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.
4686
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6666
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1916
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
3061
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.
4686
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6666
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1916
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
