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

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica (CIF) - 2022
  2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica (FOB) - 2022
  3. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica
  4. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica

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

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $1,305 per ton, increasing by 2.9% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 an increase of 19%. As a result, import price reached the peak level of $1,953 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Canada ($1,885 per ton), while the price for Guatemala ($868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems) stood at $2,146 per ton in 2022, surging by 2.1% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. Over the period under review, the average export prices reached the peak figure at $3,906 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($25,158 per ton), while the average price for exports to Panama ($359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+8.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of spices; cloves (whole fruit, cloves and stems) increased by 5.7% to 5 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt decline.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) expanded notably to $6.5K in 2022. Over the period under review, imports, however, saw a abrupt descent.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada3.22.82.52.9-3.2%
United States3.73.02.52.6-11.1%
Guatemala0.90.70.60.6-12.6%
Others0.50.40.30.3-15.7%
Total8.27.06.06.5-7.5%

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

  1. United States (2.7 tons)
  2. Canada (1.5 tons)
  3. Guatemala (0.7 tons)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica

After two years of decline, shipments abroad of spices; cloves (whole fruit, cloves and stems) increased by 9.9% to 267 kg in 2022. In general, exports, however, continue to indicate a abrupt setback.

In value terms, exports of spices; cloves (whole fruit, cloves and stems) amounted to $573 in 2022. Overall, exports, however, showed a deep setback.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems) in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua595497412478-7.0%
Panama18112890.088.0-21.4%
Guatemala21.014.09.07.0-30.7%
OthersN/AN/AN/AN/A0%
Total797639511573-10.4%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems) from Costa Rica in 2022:

  1. Panama (245.0 kg)
  2. Nicaragua (19.0 kg)
  3. Guatemala (3.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3167

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5167

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4734

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6757

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 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

Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3167

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5167

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4734

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6757

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 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

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