China - Cloves - Market Analysis, Forecast, Size, Trends and Insights
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View PricingClove Prices in China
China Clove Import Price in September 2022
In September 2022, the clove price stood at $2,518 per ton (CIF, China), which is down by -25.2% against the previous month. In general, the import price, however, posted a buoyant increase. The growth pace was the most rapid in August 2022 an increase of 213% m-o-m. As a result, import price attained the peak level of $3,366 per ton, and then reduced markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Madagascar ($4,889 per ton), while the price for Indonesia totaled $2,121 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.5%).
China Clove Imports
After four months of decline, supplies from abroad of cloves increased by 248% to 377 tons in September 2022. In general, imports saw temperate growth. The growth pace was the most rapid in March 2022 when imports increased by 552% against the previous month. Imports peaked at 611 tons in April 2022; however, from May 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, clove imports soared to $948K (IndexBox estimates) in September 2022. Overall, imports showed a resilient expansion. The pace of growth was the most pronounced in March 2022 when imports increased by 1,486% m-o-m. Imports peaked at 1.2K tons in April 2022; however, from May 2022 to September 2022, imports remained at a lower figure.
China Clove Imports by Country
In September 2022, Indonesia (323 tons) constituted the largest clove supplier to China, with a 86% share of total imports. Moreover, clove imports from Indonesia exceeded the figures recorded by the second-largest supplier, Madagascar (54 tons), sixfold.
From January 2022 to September 2022, the average monthly growth rate of volume from Indonesia stood at +3.7%.
In value terms, Indonesia ($684K) constituted the largest supplier of clove to China, comprising 72% of total imports. The second position in the ranking was held by Madagascar ($264K), with a 28% share of total imports.
From January 2022 to September 2022, the average monthly rate of growth in terms of value from Indonesia amounted to +18.8%.
This report provides an in-depth analysis of the clove market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 698 - Cloves
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the clove market in China.
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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 China.
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This report provides an in-depth analysis of the global clove market.
141
In February 2023, the growth rate for Clove was the most rapid, experiencing a month-to-month increase of 782%. In terms of value, Clove imports soared to $1M in September 2023.
242
In value terms, clove imports fell markedly to $1.7M in April 2023.
2911
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
5018
Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
4598
Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
6505
In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.
1839
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
141
In February 2023, the growth rate for Clove was the most rapid, experiencing a month-to-month increase of 782%. In terms of value, Clove imports soared to $1M in September 2023.
242
In value terms, clove imports fell markedly to $1.7M in April 2023.
2911
Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.
