Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon - 2022

Contents:

  1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon (FOB) - 2022
  2. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $8,905 per ton in 2022, growing by 26% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 213%. Over the period under review, the average export prices attained the peak figure at $12,772 per ton in 2019; however, from 2020 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 Serbia ($56,000 per ton), while the average price for exports to Lebanon ($9,782 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 Serbia (+31.9%), while the prices for the other major destinations experienced a decline.

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon

In 2022, after two years of decline, there was significant growth in overseas shipments of spices; cloves (whole fruit, cloves and stems), crushed or ground, when their volume increased by 252% to 74 kg. Over the period under review, exports, however, recorded a precipitous decrease.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground skyrocketed to $659 in 2022. Overall, exports, however, recorded a dramatic curtailment.

Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
LebanonN/AN/AN/A5380%
Serbia2,06925311156.0-70.0%
FranceN/AN/AN/A14.00%
BelgiumN/AN/A19.0N/A0%
CanadaN/A916N/AN/A0%
OthersN/AN/A19.051.0168.4%
Total2,0691,169149659-31.7%

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Cameroon in 2022:

  1. Lebanon (55.0 kg)
  2. France (1.0 kg)
  3. Serbia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems), crushed or ground - Cameroon