Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $9,444 per ton, reducing by -4.8% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 10%. As a result, import price attained the peak level of $9,924 per ton, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($102,345 per ton), while the price for Madagascar ($615 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan
After two years of decline, purchases abroad of spices; cloves (whole fruit, cloves and stems) increased by 5.1% to 96 tons in 2022. Overall, imports, however, showed a pronounced decrease.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) declined modestly to $903K in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by less than 0.1%.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 445 | 437 | 427 | 415 | -2.3% |
| Tanzania | 319 | 345 | 370 | 395 | 7.4% |
| Madagascar | 63.4 | 56.1 | 49.3 | 43.1 | -12.1% |
| Sri Lanka | 34.8 | 28.8 | 23.7 | 19.3 | -17.8% |
| Kenya | 21.4 | 17.8 | 14.7 | 12.1 | -17.3% |
| Others | 18.7 | 18.1 | 18.1 | 18.6 | -0.2% |
| Total | 902 | 903 | 903 | 903 | 0.0% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Pakistan in 2022:
- Madagascar (70.1 tons)
- Singapore (7.3 tons)
- Kenya (6.9 tons)
- Sri Lanka (5.2 tons)
- Tanzania (3.9 tons)
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This report provides an in-depth analysis of the clove market in Pakistan.
7286
This report provides an in-depth analysis of the global clove market.
1374
This report provides an in-depth analysis of the clove market in Pakistan.
7286
This report provides an in-depth analysis of the global clove market.
3166
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5166
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4733
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6756
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1957
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
3166
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5166
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4733
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6756
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1957
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
