Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems) stood at $1,815 per ton in 2022, with an increase of 2.1% against the previous year. Overall, the import price, however, saw a noticeable downturn. The import price peaked at $2,642 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Singapore ($33,690 per ton), while the price for Indonesia totaled $1,216 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+28.1%).
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal
In 2022, purchases abroad of spices; cloves (whole fruit, cloves and stems) decreased by -3.1% to 345 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 6.7% against the previous year. As a result, imports reached the peak of 356 tons, and then dropped slightly in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) dropped slightly to $625K in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 2.2% against the previous year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 448 | 442 | 434 | 411 | -2.8% |
| Singapore | 157 | 177 | 198 | 214 | 10.9% |
| Others | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Total | 605 | 619 | 632 | 625 | 1.1% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Nepal in 2022:
- Indonesia (338.3 tons)
- Singapore (6.3 tons)
141
This report provides an in-depth analysis of the clove market in Nepal.
7287
This report provides an in-depth analysis of the global clove market.
141
This report provides an in-depth analysis of the clove market in Nepal.
7287
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.
4734
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.
1958
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.
4734
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.
1958
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
