Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $1,962 per ton, approximately reflecting the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The import price peaked at $2,509 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -4.0% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana
In 2022, after three years of growth, there was decline in supplies from abroad of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -5% to 72 tons. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 75 tons, and then reduced in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) dropped modestly to $141K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 7.9%. As a result, imports reached the peak of $146K, and then declined modestly in the following year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 122 | 132 | 142 | 137 | 3.9% |
| Others | 3.3 | 3.5 | 3.9 | 3.8 | 4.8% |
| Total | 125 | 135 | 146 | 141 | 4.1% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Ghana in 2022:
- United Arab Emirates (71.5 tons)
1082
This report provides an in-depth analysis of the clove market in Ghana.
7286
This report provides an in-depth analysis of the global clove market.
1082
This report provides an in-depth analysis of the clove market in Ghana.
7286
This report provides an in-depth analysis of the global clove market.
3166
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5166
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4733
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6756
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1957
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
3166
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5166
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4733
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6756
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1957
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
