Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $6,853 per ton, dropping by -14.4% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 5.3% against the previous year. The import price peaked at $21,195 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, 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 Netherlands amounted to +22.5% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico
For the third year in a row, Mexico recorded decline in purchases abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground, which decreased by -93.6% to 653 kg in 2022. Over the period under review, imports recorded a precipitous curtailment. The smallest decline of -37.5% was in 2021.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground dropped remarkably to $4.5K in 2022. Overall, imports continue to indicate a sharp downturn. The smallest decline of -37.3% was in 2021.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.1 | 7.1 | 8.3 | 4.5 | -20.9% |
| India | 76.1 | 75.2 | 35.6 | N/A | -31.6% |
| Indonesia | 139 | 38.7 | 29.8 | N/A | -53.7% |
| Netherlands | 7.4 | 3.6 | 3.4 | N/A | -32.2% |
| Others | 9.7 | 5.5 | 4.5 | N/A | -31.9% |
| Total | 241 | 130 | 81.6 | 4.5 | -73.5% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Mexico in 2022:
- United States (653.0 kg)
817
This report provides an in-depth analysis of the clove market in Mexico.
7423
This report provides an in-depth analysis of the global clove market.
817
This report provides an in-depth analysis of the clove market in Mexico.
7423
This report provides an in-depth analysis of the global clove market.
73
During the period analyzed, Clove imports reached a peak of 975 tons in 2013, but remained at a lower figure from 2014 to 2023. In terms of value, Clove imports sharply decreased to $3.8M in 2023.
3226
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5202
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4762
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6821
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1980
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
73
During the period analyzed, Clove imports reached a peak of 975 tons in 2013, but remained at a lower figure from 2014 to 2023. In terms of value, Clove imports sharply decreased to $3.8M in 2023.
3226
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5202
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4762
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
