Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria - 2022

Contents:

1. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria (CIF) - 2022
2. Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria (FOB) - 2022
3. Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria
4. Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria (CIF) - 2022

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $5,350 per ton, with a decrease of -1.9% against the previous year. Over the period under review, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 81% against the previous year. As a result, import price attained the peak level of $9,751 per ton. From 2018 to 2022, the average 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 Comoros ($40,416 per ton), while the price for Turkey ($2,312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Comoros (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria (FOB) - 2022

The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $2,000 per ton in 2022, leveling off at the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for France.

From 2020 to 2022, the rate of growth in terms of prices for France amounted to 0.0% per year.

Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria

In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were finally on the rise to reach 158 tons after two years of decline. In general, imports, however, saw a deep slump.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $846K in 2022. Over the period under review, imports, however, recorded a noticeable downturn.

Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Algeria in 2022:

1. Indonesia (52.7 tons)
2. United Arab Emirates (34.6 tons)
3. Brazil (30.2 tons)
4. Turkey (16.8 tons)
5. Madagascar (9.5 tons)
6. Singapore (8.6 tons)
7. Comoros (4.4 tons)

Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Algeria

In 2022, approx. 1 kg of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground were exported from Algeria; leveling off at 2021 figures. In general, exports saw a sharp decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground totaled $2 in 2022. Over the period under review, exports showed a sharp decrease. The smallest decline of 99.9% was in 2021.

Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Algeria in 2022:

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform