Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland - 2023
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $14,842 per ton, falling by -8.7% against the previous year. Over the period under review, the import price recorded a slight setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 20% against the previous year. The import price peaked at $17,684 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,222 per ton), while the price for Madagascar ($11,795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Comoros (+3.6%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground amounted to $23,020 per ton, waning by -50.2% against the previous year. Over the period under review, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 35% against the previous year. The export price peaked at $60,041 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($32,245 per ton), while the average price for exports to Italy ($12,560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-1.1%).
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland
For the fourth year in a row, Switzerland recorded growth in purchases abroad of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground, which increased by 48% to 32 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $472K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Madagascar | 100 | 82.6 | 50.9 | 184 | 22.5% |
Germany | 22.2 | 107 | 124 | 147 | 87.8% |
Sri Lanka | 22.2 | 6.4 | 17.9 | 24.4 | 3.2% |
China | 20.3 | 14.1 | 12.9 | 20.1 | -0.3% |
Comoros | 4.7 | 36.5 | 4.2 | 18.9 | 59.0% |
Netherlands | N/A | N/A | 0.1 | 15.6 | 15500.0% |
Indonesia | 29.7 | 12.2 | 33.7 | 14.3 | -21.6% |
Turkey | 0.4 | 2.1 | 16.8 | 11.5 | 206.3% |
United Kingdom | 21.2 | 46.8 | 32.4 | 9.1 | -24.6% |
India | 8.2 | 12.9 | 6.2 | 7.5 | -2.9% |
Others | 8.8 | 11.5 | 50.5 | 19.9 | 31.3% |
Total | 238 | 333 | 349 | 472 | 25.6% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Switzerland in 2022:
- Madagascar (15.6 tons)
- Germany (7.9 tons)
- Sri Lanka (1.6 tons)
- China (1.3 tons)
- Netherlands (1.2 tons)
- Comoros (1.0 tons)
- Indonesia (0.9 tons)
- United Kingdom (0.6 tons)
- Turkey (0.5 tons)
- India (0.5 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland
After two years of decline, overseas shipments of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground increased by 909% to 757 kg in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $17K in 2022. Overall, exports recorded buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.3 | 5.4 | 3.2 | 12.8 | 7.5% |
Italy | N/A | N/A | N/A | 4.4 | 0% |
France | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.6 | 5.6 | 3.5 | 17.4 | 18.0% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Switzerland in 2022:
- Germany (396.0 kg)
- Italy (350.0 kg)
- France (11.0 kg)
This report provides an in-depth analysis of the clove market in Switzerland.
This report provides an in-depth analysis of the global clove market.
This report provides an in-depth analysis of the clove market in Switzerland.
This report provides an in-depth analysis of the global clove market.
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
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
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
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