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Report Central Asia - Cloves - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Central Asia - Cloves - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Clove Market 2024

Clove Exports

Exports in Central Asia

In 2022, shipments abroad of cloves increased by 4.2% to X kg, rising for the third consecutive year after three years of decline. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 62,966% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, clove exports soared to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 63,978% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Kazakhstan (X kg) was the largest exporter of cloves, creating 67% of total exports. It was distantly followed by Uzbekistan (X kg), comprising a 33% share of total exports.

Kazakhstan was also the fastest-growing in terms of the cloves exports, with a CAGR of +40.3% from 2012 to 2022. Uzbekistan experienced a relatively flat trend pattern. Uzbekistan (+33 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -32.6% from 2012 to 2022, respectively.

In value terms, Uzbekistan ($X) remains the largest clove supplier in Central Asia, comprising 71% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan amounted to +47.9%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, surging by 25% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when the export price increased by 31%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+48.2%).

Clove Imports

Imports in Central Asia

Clove imports soared to X tons in 2022, jumping by 122% against the previous year. In general, imports posted a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, clove imports shrank significantly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell notably in the following year.

Imports by Country

Kazakhstan was the main importer of cloves in Central Asia, with the volume of imports resulting at X tons, which was near 75% of total imports in 2022. It was distantly followed by Uzbekistan (X tons) and Kyrgyzstan (X tons), together generating a 23% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to clove imports into Kazakhstan stood at +8.2%. At the same time, Kyrgyzstan (+33.5%) and Uzbekistan (+29.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +33.5% from 2012-2022. From 2012 to 2022, the share of Uzbekistan and Kyrgyzstan increased by +17 and +4.5 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported cloves in Central Asia, comprising 83% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 7.3% share of total imports.

In Kazakhstan, clove imports plunged by an average annual rate of -1.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+106.6% per year) and Kyrgyzstan (+6.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, reducing by -74.8% against the previous year. In general, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2013 when the import price increased by 68%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+59.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of clove consumption in 2021 were Turkmenistan, Kazakhstan and Uzbekistan, with a combined 97% share of total consumption. Kyrgyzstan lagged somewhat behind, comprising a further 2.5%.
Turkmenistan constituted the country with the largest volume of clove production, accounting for 100% of total volume.
In value terms, Uzbekistan remains the largest clove supplier in Central Asia, comprising 75% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 23% share of total exports.
In value terms, Kazakhstan constitutes the largest market for imported cloves in Central Asia, comprising 84% of total imports. The second position in the ranking was occupied by Uzbekistan, with an 11% share of total imports.
The clove export price in Central Asia stood at $13,512 per ton in 2021, jumping by 63% against the previous year.
The clove import price in Central Asia stood at $10,937 per ton in 2021, growing by 45% against the previous year.

This report provides an in-depth analysis of the clove market in Central Asia. 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
  • Production in Central Asia, split by region and country
  • Trade (exports and imports) in Central Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Kazakhstan
    • Kyrgyzstan
    • Mongolia
    • Tajikistan
    • Turkmenistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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