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

Contents:

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

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

The average import price for spices; cloves (whole fruit, cloves and stems) stood at $8,842 per ton in 2022, declining by -4.1% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; cloves (whole fruit, cloves and stems) increased by +96.8% against 2012 indices. The pace of growth was the most pronounced in 2020 an increase of 8.4%. The import price peaked at $9,218 per ton in 2021, and then reduced in the following year.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +7.0% per year.

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

In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems) were finally on the rise to reach 480 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt descent.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) expanded rapidly to $4.2K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil5.04.54.04.2-5.6%
OthersN/AN/AN/AN/A0%
Total5.04.54.04.2-5.6%

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

  1. Brazil (480.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems) - Bolivia