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

Contents:

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

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

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $2,286 per ton, leveling off at the previous year. In general, the import price showed a deep slump. The pace of growth was the most pronounced in 2020 when the average import price decreased by 99.9%. The import price peaked at $19,126 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Peru amounted to -12.6% per year.

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

After two years of decline, supplies from abroad of spices; cloves (whole fruit, cloves and stems), crushed or ground decreased by 0% to 7 kg in 2022. Over the period under review, imports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), crushed or ground totaled $16 in 2022. Overall, imports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A16.00%
Peru8.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.0N/AN/A16.026.0%

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

  1. Turkey (7.0 kg)

Source: IndexBox Market Intelligence Platform

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