Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil - 2024
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $12,849 per ton in 2022, picking up by 72% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $15,172 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($24,795 per ton), while the price for Madagascar ($11,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+133.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $11,527 per ton, shrinking by -20.9% against the previous year. In general, the export price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 347% against the previous year. The export price peaked at $14,576 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($28,368 per ton), while the average price for exports to Argentina ($5,938 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+136.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil
In 2022, the amount of spices; cloves (whole fruit, cloves and stems), crushed or ground imported into Brazil skyrocketed to 12 tons, growing by 28% compared with 2021 figures. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +28.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $157K in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 53.9 | 84.0 | 37.4 | 92.9 | 19.9% |
| India | N/A | N/A | 21.2 | 36.8 | 73.6% |
| Netherlands | 9.7 | 9.7 | 12.9 | 20.8 | 29.0% |
| Madagascar | 1.7 | N/A | N/A | 6.2 | 53.9% |
| Others | N/A | 0.2 | N/A | 0.4 | 41.4% |
| Total | 65.3 | 93.8 | 71.5 | 157 | 34.0% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Brazil in 2022:
- Indonesia (7.8 tons)
- India (3.1 tons)
- Netherlands (0.8 tons)
- Madagascar (0.5 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil
In 2022, overseas shipments of spices; cloves (whole fruit, cloves and stems), crushed or ground were finally on the rise to reach 165 kg after two years of decline. Over the period under review, exports, however, recorded a sharp descent.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground surged to $1.9K in 2022. Overall, exports, however, saw a sharp reduction.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 671 | 0% |
| Marshall Islands | 105 | 351 | 313 | 539 | 72.5% |
| Panama | N/A | 115 | 23.0 | 189 | 28.2% |
| Singapore | 18.0 | 58.0 | 50.0 | 154 | 104.5% |
| Liberia | 11.0 | 29.0 | 98.0 | 131 | 128.4% |
| Norway | N/A | 8.0 | 3.0 | 56.0 | 164.6% |
| Malta | 62.0 | 53.0 | 93.0 | 47.0 | -8.8% |
| Bolivia | 4,000 | N/A | N/A | N/A | 0% |
| Others | 171 | 243 | 280 | 115 | -12.4% |
| Total | 4,367 | 857 | 860 | 1,902 | -24.2% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Brazil in 2022:
- Argentina (113.0 kg)
- Marshall Islands (19.0 kg)
- Panama (9.0 kg)
- Singapore (6.0 kg)
- Liberia (5.0 kg)
- Malta (3.0 kg)
- Norway (3.0 kg)
846
This report provides an in-depth analysis of the clove market in Brazil.
6943
This report provides an in-depth analysis of the global clove market.
846
This report provides an in-depth analysis of the clove market in Brazil.
6943
This report provides an in-depth analysis of the global clove market.
3056
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5102
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4676
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6659
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1911
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
3056
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5102
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4676
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6659
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1911
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
