Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola - 2022

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola (CIF) - 2022
  2. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola

Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $25,056 per ton, waning by -8.9% against the previous year. Overall, the import price, however, showed a strong increase. The growth pace was the most rapid in 2013 an increase of 27%. The import price peaked at $27,505 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($144,894 per ton), while the price for Brazil ($2,542 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola

In 2022, supplies from abroad of spices; cloves (whole fruit, cloves and stems) was finally on the rise to reach 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) reduced to $263K in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $287K, and then dropped in the following year.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France61.285.311611924.8%
Portugal98.010110176.4-8.0%
South Africa24.434.046.347.324.7%
Brazil6.97.07.05.3-8.4%
Others9.312.316.115.719.1%
Total2002402872639.6%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Angola in 2022:

  1. Portugal (4.5 tons)
  2. South Africa (2.8 tons)
  3. Brazil (2.1 tons)
  4. France (0.8 tons)

Source: IndexBox Market Intelligence Platform

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