Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $1,239 per ton, increasing by 5.8% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. Over the period under review, average import prices reached the peak figure at $2,141 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United States ($1,503 per ton), while the price for Singapore ($52 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 States (-4.4%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama
In 2022, overseas purchases of spices; cloves (whole fruit, cloves and stems) were finally on the rise to reach 4.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep setback.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) rose markedly to $5.8K in 2022. In general, imports, however, saw a abrupt shrinkage.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 6.1 | 5.1 | 5.6 | -8.0% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Singapore | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.5 | 6.3 | 5.2 | 5.8 | -8.2% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Panama in 2022:
- United States (3.7 tons)
- Singapore (0.7 tons)
- Brazil (0.2 tons)
168
This report provides an in-depth analysis of the clove market in Panama.
7287
This report provides an in-depth analysis of the global clove market.
168
This report provides an in-depth analysis of the clove market in Panama.
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
