Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $6,544 per ton, surging by 4.3% against the previous year. In general, the import price, however, recorded a slight curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 26%. As a result, import price attained the peak level of $8,089 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Indonesia ($10,313 per ton), while the price for India ($4,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya
In 2022, after three years of growth, there was decline in purchases abroad of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -1.9% to 31 tons. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4%. As a result, imports reached the peak of 32 tons, and then shrank modestly in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) expanded modestly to $206K in 2022. Overall, imports saw a perceptible reduction.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 125 | 121 | 118 | 122 | -0.8% |
| Indonesia | 40.3 | 39.2 | 38.0 | 39.4 | -0.8% |
| India | 41.5 | 39.7 | 37.9 | 38.6 | -2.4% |
| United Arab Emirates | 14.2 | 10.6 | 7.9 | 6.3 | -23.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 221 | 211 | 201 | 206 | -2.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Libya in 2022:
- Brazil (17.9 tons)
- India (8.5 tons)
- Indonesia (3.8 tons)
- United Arab Emirates (1.3 tons)
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This report provides an in-depth analysis of the clove market in Libya.
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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 Libya.
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
