Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems) stood at $4,277 per ton in 2022, rising by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to -0.7% per year.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems) stood at $1,992 per ton in 2022, increasing by 3.3% against the previous year. In general, the export price, however, saw a abrupt curtailment. The export price peaked at $4,385 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -7.5% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru
In 2022, purchases abroad of spices; cloves (whole fruit, cloves and stems) increased by 3.9% to 8.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt descent.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) amounted to $38K in 2022. In general, imports, however, saw a deep slump.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 47.5 | 36.5 | 27.6 | 28.8 | -15.4% |
| Others | 5.5 | 5.9 | 6.3 | 9.3 | 19.1% |
| Total | 53.0 | 42.4 | 33.9 | 38.1 | -10.4% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Peru in 2022:
- Brazil (8.8 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru
In 2022, after three years of growth, there was decline in shipments abroad of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -3.3% to 532 kg. The total export volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 7% against the previous year. As a result, the exports reached the peak of 550 kg, and then shrank in the following year.
In value terms, exports of spices; cloves (whole fruit, cloves and stems) contracted to $1.1K in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 0.3%. As a result, the exports reached the peak of $1.1K, leveling off in the following year.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems) in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.1 | 1.1 | 1.1 | 1.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 1.1 | 1.1 | 1.1 | 0.0% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems) from Peru in 2022:
- Italy (531.0 kg)
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This report provides an in-depth analysis of the clove market in Peru.
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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 Peru.
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
