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

Contents:

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

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

In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $4,532 per ton, reducing by -3.3% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground increased by +2.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 30% against the previous year. The import price peaked at $6,745 per ton in 2018; however, from 2019 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 Brazil ($8,263 per ton), while the price for Saudi Arabia ($3,921 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground, when their volume increased by 32% to 345 tons. Over the period under review, imports, however, faced a abrupt shrinkage.

In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground skyrocketed to $1.6M in 2022. In general, imports, however, faced a drastic downturn.

Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates817391400496-15.3%
Madagascar563364255368-13.2%
China450430213259-16.8%
Comoros338303141160-22.1%
Brazil16215879.898.9-15.2%
Indonesia10310757.094.8-2.7%
Sri Lanka18681.961.463.7-30.0%
Others12263.020.421.7-43.8%
Total2,7411,8971,2281,563-17.1%

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

  1. United Arab Emirates (115.9 tons)
  2. Madagascar (86.6 tons)
  3. China (64.4 tons)
  4. Comoros (31.8 tons)
  5. Indonesia (19.7 tons)
  6. Sri Lanka (12.4 tons)
  7. Brazil (12.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Spices; cloves (whole fruit, cloves and stems), neither crushed nor ground - Sudan