Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia - 2022
Contents:
- Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia (FOB) - 2022
- Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia
Price for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia (FOB) - 2022
In 2022, the average export price for spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $4,263 per ton, growing by 21% against the previous year. Over the period under review, the export price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 177%. As a result, the export price attained the peak level of $8,570 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($55,500 per ton), while the average price for exports to the United Arab Emirates ($758 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 Sudan (-15.5%).
Exports of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia
In 2022, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground from Saudi Arabia shrank to 38 kg, declining by -7.3% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep downturn. The smallest decline of -2.4% was in 2021.
In value terms, exports of spices; cloves (whole fruit, cloves and stems), crushed or ground amounted to $162 in 2022. Overall, exports recorded a abrupt downturn.
| Export of Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Kenya | N/A | 0.1 | 0% | ||
| United Arab Emirates | N/A | N/A | 0% | ||
| Canada | N/A | N/A | 0% | ||
| Yemen | 120 | N/A | 0% | ||
| Pakistan | 2.0 | N/A | 0% | ||
| Turkey | N/A | N/A | 0% | ||
| Others | -121.5 | N/A | 0% | ||
| Total | 0.1 | 0.2 | 100.0% | ||
Top Export Markets for Spices; Cloves (Whole Fruit, Cloves and Stems), Crushed or Ground from Saudi Arabia in 2022:
- United Arab Emirates (33.0 kg)
- Turkey (2.0 kg)
- Kenya (2.0 kg)
- Canada (1.0 kg)
1691
This report provides an in-depth analysis of the clove market in Saudi Arabia.
7036
This report provides an in-depth analysis of the global clove market.
1691
This report provides an in-depth analysis of the clove market in Saudi Arabia.
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
