Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems) stood at $6,793 per ton in 2022, shrinking by -6.4% against the previous year. Overall, the import price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when the average import price increased by 15% against the previous year. The import price peaked at $7,258 per ton in 2021, and then declined in the following year.
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 +12.3% per year.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems) stood at $96,336 per ton in 2022, waning by -11.8% against the previous year. Overall, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2018 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $109,280 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to +21.7% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran
In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems) were finally on the rise to reach 67 tons after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) reduced to $455K in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 379 | 428 | 483 | 455 | 6.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 379 | 428 | 483 | 455 | 6.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Iran in 2022:
- United Arab Emirates (67.0 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran
In 2022, after two years of decline, there was significant growth in shipments abroad of spices; cloves (whole fruit, cloves and stems), when their volume increased by 10% to 2.3 tons. Overall, exports, however, recorded a abrupt descent.
In value terms, exports of spices; cloves (whole fruit, cloves and stems) contracted modestly to $225K in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 6.3% against the previous year.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems) in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 203 | 216 | 230 | 224 | 3.3% |
| Others | 1.4 | 1.3 | 1.2 | 1.0 | -10.6% |
| Total | 205 | 218 | 232 | 225 | 3.2% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems) from Iran in 2022:
- Norway (2.3 tons)
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This report provides an in-depth analysis of the clove market in Iran.
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This report provides an in-depth analysis of the global clove market.
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This report provides an in-depth analysis of the clove market in Iran.
7289
This report provides an in-depth analysis of the global clove market.
3167
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5167
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4735
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6757
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1959
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
3167
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5167
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4735
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6757
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1959
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
