Report Update Nov 1, 2024

Israel - Cloves - Market Analysis, Forecast, Size, Trends and Insights

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Israel: Clove Market 2024

Clove Market Size in Israel

The Israeli clove market soared to $X in 2022, increasing by 52% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Clove consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Clove Exports

Exports from Israel

In 2022, approx. X tons of cloves were exported from Israel; increasing by 77% compared with 2021. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 903%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, clove exports stood at $X in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 413%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for clove exports from Israel, accounting for a 72% share of total exports. Moreover, clove exports to the UK exceeded the volume sent to the second major destination, Egypt (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +98.8%.

In value terms, the UK ($X) emerged as the key foreign market for cloves exports from Israel, comprising 70% of total exports. The second position in the ranking was taken by Egypt ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK totaled +53.2%.

Export Prices by Country

In 2022, the average clove export price amounted to $X per ton, waning by -35.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 46% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Clove Imports

Imports into Israel

In 2022, the amount of cloves imported into Israel surged to X tons, increasing by 32% on the previous year's figure. Over the period under review, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.2% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 101% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, clove imports soared to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 157%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X tons) constituted the largest clove supplier to Israel, with a 88% share of total imports. Moreover, clove imports from Indonesia exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. Italy (X kg) ranked third in terms of total imports with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from Indonesia stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.2% per year) and Italy (+15.5% per year).

In value terms, Indonesia ($X) constituted the largest supplier of cloves to Israel, comprising 88% of total imports. The second position in the ranking was taken by India ($X), with a 7.8% share of total imports. It was followed by Italy, with a 2% share.

From 2012 to 2022, the average annual growth rate of value from Indonesia amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.5% per year) and Italy (+12.2% per year).

Import Prices by Country

In 2022, the average clove import price amounted to $X per ton, jumping by 32% against the previous year. In general, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per ton) and Russia ($X per ton), while the price for Indonesia ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cloves in the world?

Indonesia remains the largest clove consuming country worldwide, comprising approx. 53% of total volume. Moreover, clove consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India, fourfold. Madagascar ranked third in terms of total consumption with a 4.2% share.

What are the largest producers of cloves in the world?

Indonesia remains the largest clove producing country worldwide, accounting for 67% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar, sixfold. Tanzania ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of cloves to Israel?

In value terms, Indonesia constituted the largest supplier of clove to Israel, comprising 54% of total imports. The second position in the ranking was occupied by Palestine, with a 13% share of total imports. It was followed by India, with an 11% share.

What are the leading importers of cloves from Israel?

In value terms, the United States remains the key foreign market for clove exports from Israel, comprising 78% of total exports. The second position in the ranking was occupied by Canada $300), with a 3.4% share of total exports. It was followed by Iceland, with a 2.5% share.

What is the average export price for cloves in Israel?

In 2021, the average clove export price amounted to $9,054 per ton, dropping by -21.9% against the previous year.

What is the average import price for cloves in Israel?

In 2021, the average clove import price amounted to $3,330 per ton, shrinking by -45.5% against the previous year.

This report provides an in-depth analysis of the clove market in Israel. 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:

Israel

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Israel
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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How to outsource production to other countries
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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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023