Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela (CIF) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela
Price for Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela (CIF) - 2022
In 2022, the average import price for spices; cloves (whole fruit, cloves and stems) amounted to $36,006 per ton, which is down by -6.6% against the previous year. Overall, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42%. Over the period under review, average import prices reached the maximum at $38,550 per ton in 2021, and then shrank in the following year.
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 Germany ($108,319 per ton), while the price for Indonesia ($25,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela
In 2022, after three years of growth, there was decline in overseas purchases of spices; cloves (whole fruit, cloves and stems), when their volume decreased by -1.9% to 49 tons. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 3.9% against the previous year.
In value terms, imports of spices; cloves (whole fruit, cloves and stems) reduced to $1.8M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $1.9M, and then dropped in the following year.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems) in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 755 | 911 | 1,100 | 1,014 | 10.3% |
| Brazil | 293 | 344 | 404 | 362 | 7.3% |
| Madagascar | 192 | 231 | 279 | 258 | 10.4% |
| Germany | 101 | 123 | 148 | 136 | 10.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,341 | 1,609 | 1,931 | 1,770 | 9.7% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems) to Venezuela in 2022:
- Indonesia (39.8 tons)
- Brazil (5.3 tons)
- Madagascar (2.8 tons)
- Germany (1.3 tons)
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This report provides an in-depth analysis of the clove market in Venezuela.
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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 Venezuela.
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.
4734
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
