Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (CIF) - 2022
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (FOB) - 2022
- Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (CIF) - 2022
The average import price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $7,925 per ton in 2022, surging by 17% against the previous year. In general, the import price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $11,053 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Guatemala ($17,351 per ton), while the price for Indonesia ($5,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (FOB) - 2022
The average export price for spices; cloves (whole fruit, cloves and stems), neither crushed nor ground stood at $13,087 per ton in 2022, declining by -31.1% against the previous year. In general, the export price, however, posted a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices attained the maximum at $19,000 per ton in 2021, and then declined sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2013 to 2022, the rate of growth in terms of prices for Panama amounted to +13.8% per year.
Imports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica
In 2022, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground into Costa Rica rose significantly to 22 tons, increasing by 7.4% against the previous year. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 228% against the previous year. As a result, imports attained the peak of 44 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $176K in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 141% against the previous year. As a result, imports attained the peak of $228K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 69.3 | 75.1 | 64.7 | 91.7 | 9.8% |
| Sri Lanka | N/A | 21.7 | 12.6 | 30.5 | 18.6% |
| Indonesia | N/A | 20.5 | 15.9 | 23.4 | 6.8% |
| India | 15.6 | 42.7 | 14.8 | 15.0 | -1.3% |
| Spain | N/A | 8.5 | 15.1 | 9.9 | 7.9% |
| Guatemala | 8.9 | 22.0 | 17.3 | 4.3 | -21.5% |
| Singapore | N/A | 37.5 | N/A | N/A | 0% |
| Others | 0.9 | N/A | N/A | 1.1 | 6.9% |
| Total | 94.7 | 228 | 140 | 176 | 22.9% |
Top Suppliers of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground to Costa Rica in 2022:
- United States (12.7 tons)
- Indonesia (4.2 tons)
- Sri Lanka (3.1 tons)
- India (1.0 tons)
- Spain (0.9 tons)
- Guatemala (0.2 tons)
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica
In 2022, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground from Costa Rica skyrocketed to 1.1 tons, jumping by 1,201% on 2021 figures. Overall, exports, however, recorded a pronounced slump.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), neither crushed nor ground soared to $15K in 2022. In general, exports, however, showed a pronounced reduction.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | N/A | N/A | 14.8 | 0% |
| Panama | 16.1 | 28.0 | 1.7 | N/A | -67.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.1 | 28.0 | 1.7 | 14.8 | -2.8% |
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Neither Crushed Nor Ground from Costa Rica in 2022:
- Guatemala (1.1 tons)
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This report provides an in-depth analysis of the clove market in Costa Rica.
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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 Costa Rica.
7036
This report provides an in-depth analysis of the global clove market.
3100
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5126
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6698
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1937
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
3100
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5126
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4707
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6698
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1937
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
