Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka (FOB) - 2022
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems) stood at $35,779 per ton in 2022, dropping by -8.2% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68% against the previous year. The export price peaked at $38,991 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($80,486 per ton), while the average price for exports to Spain ($550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka
In 2022, shipments abroad of spices; cloves (whole fruit, cloves and stems) was finally on the rise to reach 6.1 tons after two years of decline. Over the period under review, exports, however, saw a abrupt setback.
In value terms, exports of spices; cloves (whole fruit, cloves and stems) rose to $217K in 2022. Overall, exports, however, saw a noticeable reduction.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems) in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 176 | 164 | 153 | 155 | -4.1% |
| United States | 19.3 | 18.5 | 17.7 | 18.5 | -1.4% |
| Germany | 7.5 | 7.7 | 8.0 | 9.0 | 6.3% |
| Netherlands | 7.4 | 7.6 | 7.9 | 8.9 | 6.3% |
| Australia | 3.5 | 3.6 | 3.7 | 4.0 | 4.6% |
| Lebanon | 3.2 | 3.3 | 3.4 | 3.8 | 5.9% |
| Saudi Arabia | 5.0 | 4.3 | 3.7 | 3.5 | -11.2% |
| United Kingdom | 3.9 | 3.5 | 3.2 | 3.2 | -6.4% |
| Israel | 2.3 | 2.2 | 2.0 | 2.0 | -4.6% |
| United Arab Emirates | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
| Spain | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 8.0 | 7.7 | 7.5 | 7.9 | -0.4% |
| Total | 236 | 223 | 211 | 217 | -2.8% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems) from Sri Lanka in 2022:
- India (1929.0 kg)
- Germany (1437.0 kg)
- United States (567.0 kg)
- Spain (389.0 kg)
- United Arab Emirates (337.0 kg)
- Australia (333.0 kg)
- Saudi Arabia (310.0 kg)
- Israel (199.0 kg)
- Netherlands (154.0 kg)
- United Kingdom (124.0 kg)
- Lebanon (100.0 kg)
1985
This report provides an in-depth analysis of the clove market in Sri Lanka.
7287
This report provides an in-depth analysis of the global clove market.
1985
This report provides an in-depth analysis of the clove market in Sri Lanka.
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
