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

Contents:

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

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

The average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground stood at $6,584 per ton in 2022, falling by -2.8% against the previous year. Overall, the import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 119%. The import price peaked at $11,734 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Lebanon ($16,000 per ton), while the price for India ($4,695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Qatar

In 2022, purchases abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground decreased by -44.9% to 2.1 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of 3.9 tons, and then contracted notably in the following year.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground contracted dramatically to $14K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 210% against the previous year. As a result, imports attained the peak of $26K, and then fell significantly in the following year.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Qatar (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndiaN/AN/A7.30%
United StatesN/AN/A3.10%
Oman3.8N/A1.2-43.8%
United Kingdom2.0N/A0.6-45.2%
Sri Lanka1.6N/AN/A0%
NepalN/A26.4N/A0%
Sudan0.1N/AN/A0%
Others0.9N/A1.945.3%
Total8.526.414.128.8%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground to Qatar in 2022:

  1. India (1558.0 kg)
  2. United States (397.0 kg)
  3. Oman (85.0 kg)
  4. United Kingdom (54.0 kg)

Source: IndexBox Market Intelligence Platform

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