Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $5,961 per ton, with an increase of 42% against the previous year. Overall, the import price, however, recorded a pronounced setback. The import price peaked at $10,052 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Madagascar amounted to -3.3% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico
In 2022, after three years of growth, there was significant decline in overseas purchases of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground, when their volume decreased by -39.7% to 155 tons. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 213%. As a result, imports attained the peak of 257 tons, and then shrank sharply in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground contracted to $924K in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 120%. As a result, imports attained the peak of $1.1M, and then shrank in the following year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 371 | 354 | 479 | 924 | 35.5% |
| Hong Kong SAR | 9.4 | 10.2 | 39.8 | N/A | 105.8% |
| Sri Lanka | 30.3 | 36.9 | 201 | N/A | 157.6% |
| Indonesia | 16.7 | 55.4 | 177 | N/A | 225.6% |
| Singapore | 41.8 | 16.2 | 71.4 | N/A | 30.7% |
| Others | 20.1 | 20.1 | 113 | N/A | 137.1% |
| Total | 490 | 492 | 1,081 | 924 | 23.5% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Mexico in 2022:
- Brazil (155.0 tons)
817
This report provides an in-depth analysis of the clove market in Mexico.
7422
This report provides an in-depth analysis of the global clove market.
817
This report provides an in-depth analysis of the clove market in Mexico.
7422
This report provides an in-depth analysis of the global clove market.
72
During the period analyzed, Clove imports reached a peak of 975 tons in 2013, but remained at a lower figure from 2014 to 2023. In terms of value, Clove imports sharply decreased to $3.8M in 2023.
3226
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5202
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4762
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6821
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1980
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
72
During the period analyzed, Clove imports reached a peak of 975 tons in 2013, but remained at a lower figure from 2014 to 2023. In terms of value, Clove imports sharply decreased to $3.8M in 2023.
3226
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5202
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4762
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
