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

Contents:

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

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

The average import price for spices; cloves (whole fruit, cloves and stems) stood at $4,997 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable decline. Over the period under review, average import prices attained the peak figure at $6,527 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Comoros ($9,924 per ton), while the price for Russia stood at $2,577 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Comoros (+6.7%).

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

In 2022, after three years of growth, there was significant decline in overseas purchases of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -8% to 44 tons. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) reduced to $221K in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $237K, and then contracted in the following year.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Comoros1091291511449.7%
Russia67.075.084.076.04.3%
Others1.31.41.51.30.0%
Total1782052372217.5%

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

  1. Russia (29.5 tons)
  2. Comoros (14.5 tons)

Source: IndexBox Market Intelligence Platform

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