Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $11,911 per ton in 2022, increasing by 39% against the previous year. Over the period under review, the import price, however, showed a perceptible reduction. Over the period under review, average import prices reached the maximum at $15,706 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($12,977 per ton), while the price for Indonesia totaled $5,701 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-3.4%), 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 Uruguay (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $21,333 per ton in 2022, jumping by 51% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 76%. Over the period under review, the average export prices hit record highs at $38,500 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.7% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay
Imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground into Uruguay soared to 7.1 tons in 2022, picking up by 19% compared with 2021. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $85K in 2022. Overall, imports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 68%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 45.6 | 25.2 | 47.7 | 77.9 | 19.5% |
| Indonesia | 7.1 | 2.1 | 2.9 | 6.1 | -4.9% |
| Spain | 1.2 | 1.3 | 1.0 | 0.7 | -16.4% |
| Others | N/A | 2.1 | N/A | N/A | 0% |
| Total | 53.9 | 30.7 | 51.5 | 84.7 | 16.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Uruguay in 2022:
- Brazil (6.0 tons)
- Indonesia (1.1 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay
In 2022, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground from Uruguay dropped rapidly to 3 kg, which is down by -66.7% against 2021. In general, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports reached the peak of 9 kg, and then dropped markedly in the following year.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground declined rapidly to $64 in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. As a result, the exports reached the peak of $127, and then fell dramatically in the following year.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Uruguay (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 78.0 | 64.0 | 127 | 64.0 | -6.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 78.0 | 64.0 | 127 | 64.0 | -6.4% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Uruguay in 2022:
- United States (3.0 kg)
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This report provides an in-depth analysis of the clove market in Uruguay.
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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 Uruguay.
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This report provides an in-depth analysis of the global clove market.
3089
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5118
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4705
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.
1930
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
3089
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5118
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4705
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6694
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1930
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
