Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $39,476 per ton, shrinking by -12% against the previous year. Overall, the import price, however, saw significant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $44,861 per ton in 2021, and then declined 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 Brazil ($98,938 per ton), while the price for Indonesia ($32,515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems) amounted to $487 per ton, shrinking by -1.6% against the previous year. Over the period under review, the export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 an increase of 2.8%. The export price peaked at $10,168 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 -22.0% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina
After two years of decline, overseas purchases of spices; cloves (whole fruit, cloves and stems) increased by 12% to 605 kg in 2022. Overall, imports, however, faced a abrupt decrease.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) reduced modestly to $24K in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5% against the previous year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 12.3 | 13.0 | 13.7 | 13.8 | 3.9% |
| Sri Lanka | 7.4 | 7.8 | 8.3 | 8.3 | 3.9% |
| Brazil | 3.0 | 2.5 | 2.0 | 1.6 | -18.9% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 23.0 | 23.6 | 24.2 | 23.9 | 1.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Argentina in 2022:
- Indonesia (425.0 kg)
- Sri Lanka (158.0 kg)
- Brazil (16.0 kg)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina
In 2022, overseas shipments of spices; cloves (whole fruit, cloves and stems) were finally on the rise to reach 776 kg after two years of decline. Overall, exports, however, saw a deep downturn.
In value terms, exports of spices; cloves (whole fruit, cloves and stems) expanded notably to $378 in 2022. Over the period under review, exports, however, continue to indicate a deep reduction.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems) in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 446 | 399 | 358 | 378 | -5.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 446 | 399 | 358 | 378 | -5.4% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems) from Argentina in 2022:
- United States (776.0 kg)
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This report provides an in-depth analysis of the clove market in Argentina.
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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 Argentina.
7287
This report provides an in-depth analysis of the global clove market.
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Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
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Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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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.
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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
3167
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5167
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4734
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6757
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1959
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
