Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Japan - 2022

Contents:

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

Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Japan (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $940 per ton, increasing by 10% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The import price peaked at $4,625 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Tanzania ($1,934 per ton), while the price for Indonesia ($241 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (-9.5%), while the prices for the other major suppliers experienced a decline.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Japan

In 2022, supplies from abroad of spices; cloves (whole fruit, cloves and stems) was finally on the rise to reach 87 tons after two years of decline. Over the period under review, imports, however, continue to indicate a slight slump.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) reached $82K in 2022. Overall, imports, however, showed a deep contraction.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar44.936.429.533.2-9.6%
Singapore35.829.023.526.4-9.7%
Tanzania19.115.412.413.9-10.1%
Malaysia7.05.74.65.2-9.4%
Indonesia4.02.92.12.0-20.6%
Others2.41.81.31.4-16.4%
Total11391.173.482.2-10.1%

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Japan in 2022:

  1. Singapore (34.6 tons)
  2. Madagascar (18.2 tons)
  3. Malaysia (18.2 tons)
  4. Indonesia (8.4 tons)
  5. Tanzania (7.2 tons)

Source: IndexBox Market Intelligence Platform

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