Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $470 per ton, rising by 5.6% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The import price peaked at $1,194 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Malaysia ($7,549 per ton), while the price for Comoros ($156 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait
After three years of growth, supplies from abroad of spices; cloves (whole fruit, cloves and stems) decreased by -1.8% to 1.8K tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 4.1%.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) rose slightly to $863K in 2022. Over the period under review, imports showed a perceptible decline.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 239 | 238 | 235 | 258 | 2.6% |
| Sri Lanka | 223 | 210 | 196 | 203 | -3.1% |
| India | 181 | 180 | 178 | 195 | 2.5% |
| Indonesia | 149 | 123 | 101 | 91.7 | -14.9% |
| Others | 166 | 143 | 122 | 116 | -11.3% |
| Total | 958 | 893 | 833 | 863 | -3.4% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Kuwait in 2022:
- Brazil (1176.4 tons)
- Sri Lanka (520.2 tons)
- India (100.2 tons)
- Indonesia (15.1 tons)
472
This report provides an in-depth analysis of the clove market in Kuwait.
7287
This report provides an in-depth analysis of the global clove market.
472
This report provides an in-depth analysis of the clove market in Kuwait.
7287
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.
4734
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.
4734
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
