Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $14,555 per ton in 2022, with an increase of 67% against the previous year. In general, the import price, however, recorded a perceptible decline. Over the period under review, average import prices reached the maximum at $24,179 per ton in 2015; however, from 2016 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 Indonesia ($39,309 per ton), while the price for Russia ($13,771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $6,107 per ton in 2022, waning by -41.4% against the previous year. Over the period under review, the export price faced a deep slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 19%. Over the period under review, the average export prices attained the peak figure at $40,000 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -15.5% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus
In 2022, purchases abroad of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground decreased by -83.2% to 2.5 tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 206%. As a result, imports reached the peak of 30 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground shrank sharply to $37K in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 73%. As a result, imports attained the peak of $181K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 92.7 | 149 | 126 | 33.2 | -29.0% |
| Indonesia | 1.6 | 23.1 | 0.4 | 2.2 | 11.2% |
| Madagascar | 6.2 | 7.7 | 2.0 | 1.4 | -39.1% |
| Others | 3.9 | 1.3 | 2.1 | N/A | -26.6% |
| Total | 104 | 181 | 131 | 36.7 | -29.3% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Belarus in 2022:
- Russia (2408.0 kg)
- Madagascar (58.0 kg)
- Indonesia (55.0 kg)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus
In 2022, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground from Belarus skyrocketed to 262 kg, increasing by 446% on 2021 figures. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 6,027%. As a result, the exports reached the peak of 674 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $1.6K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 3,233% against the previous year. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.3 | 9.8 | 0.3 | 1.6 | 74.7% |
| Azerbaijan | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | 10.0 | 0.5 | 1.6 | 74.7% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Belarus in 2022:
- Russia (262.0 kg)
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This report provides an in-depth analysis of the clove market in Belarus.
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This report provides an in-depth analysis of the global clove market.
467
This report provides an in-depth analysis of the clove market in Belarus.
7289
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.
4735
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.
4735
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
