Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $3,064 per ton, remaining constant against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by less than 0.1%. Over the period under review, average import prices attained the maximum at $3,064 per ton in 2016; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($5,235 per ton), while the price for India ($166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.9%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman
In 2022, after three years of growth, there was significant decline in overseas purchases of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -8.3% to 526 tons. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 573 tons, and then declined in the following year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) fell to $1.6M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20%.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 854 | 957 | 1,059 | 886 | 1.2% |
| Bahrain | 362 | 504 | 694 | 722 | 25.9% |
| India | 4.1 | 4.2 | 4.2 | 3.2 | -7.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,220 | 1,464 | 1,757 | 1,611 | 9.7% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Oman in 2022:
- United Arab Emirates (368.7 tons)
- Bahrain (137.9 tons)
- India (19.1 tons)
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This report provides an in-depth analysis of the clove market in Oman.
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This report provides an in-depth analysis of the global clove market.
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This report provides an in-depth analysis of the clove market in Oman.
7287
This report provides an in-depth analysis of the global clove market.
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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.
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Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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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
