Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems) stood at $51,214 per ton in 2022, with a decrease of -7.5% against the previous year. Overall, the import price, however, posted a strong increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 15%. Over the period under review, average import prices reached the maximum at $55,361 per ton in 2021, and then contracted in the following year.
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 India ($284,810 per ton), while the price for Comoros ($3,760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway
In 2022, approx. 13 tons of spices; cloves (whole fruit, cloves and stems) were imported into Norway; therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 3.6% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) declined to $640K in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 302 | 344 | 390 | 361 | 6.1% |
| United Kingdom | 63.5 | 75.9 | 90.5 | 87.9 | 11.4% |
| India | 48.8 | 58.3 | 69.5 | 67.5 | 11.4% |
| China | 45.9 | 54.8 | 65.3 | 63.5 | 11.4% |
| Iran | 25.4 | 30.4 | 36.2 | 35.2 | 11.5% |
| Czech Republic | 20.7 | 19.2 | 17.7 | 13.3 | -13.7% |
| Estonia | 3.2 | 3.4 | 3.6 | 3.1 | -1.1% |
| Netherlands | 3.4 | 3.0 | 2.7 | 2.0 | -16.2% |
| Comoros | 2.7 | 2.5 | 2.4 | 1.8 | -12.6% |
| Others | 5.0 | 5.2 | 5.5 | 4.8 | -1.4% |
| Total | 521 | 597 | 684 | 640 | 7.1% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Norway in 2022:
- China (3.9 tons)
- Czech Republic (3.1 tons)
- United Kingdom (1.5 tons)
- Madagascar (1.4 tons)
- Iran (1.4 tons)
- Comoros (0.5 tons)
- Netherlands (0.2 tons)
- Estonia (0.2 tons)
- India (0.2 tons)
778
This report provides an in-depth analysis of the clove market in Norway.
7287
This report provides an in-depth analysis of the global clove market.
778
This report provides an in-depth analysis of the clove market in Norway.
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.
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.
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.
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
