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

Contents:

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

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

The average import price for spices; cloves (whole fruit, cloves and stems) stood at $17,383 per ton in 2022, which is down by -6.1% against the previous year. Over the period under review, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55%. Over the period under review, average import prices attained the peak figure at $18,516 per ton in 2021, and then reduced in the following year.

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 France ($89,720 per ton), while the price for China ($2,776 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Comoros (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of spices; cloves (whole fruit, cloves and stems), when their volume increased by 7.2% to 27 tons. Overall, imports, however, saw a abrupt setback.

In value terms, imports of spices; cloves (whole fruit, cloves and stems) totaled $473K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar441428414406-2.7%
France30.334.739.746.215.1%
China8.710.713.216.523.8%
Others2.02.42.93.621.6%
Total482476469473-0.6%

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

  1. Madagascar (20.5 tons)
  2. China (5.9 tons)
  3. France (0.5 tons)

Source: IndexBox Market Intelligence Platform

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