Algeria - Cloves - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Clove Price in Algeria - 2022

Contents:

  1. Clove Price in Algeria (CIF) - 2022
  2. Clove Price in Algeria (FOB) - 2022
  3. Clove Imports in Algeria
  4. Clove Exports in Algeria

Clove Price in Algeria (CIF) - 2022

The average clove import price stood at $5,155 per ton in 2022, falling by -2.6% against the previous year. In general, the import price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 88% against the previous year. As a result, import price attained the peak level of $7,208 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($7,122 per ton), while the price for Madagascar ($2,525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Clove Price in Algeria (FOB) - 2022

In 2022, the average clove export price amounted to $1,000 per ton, remaining constant against the previous year. Overall, the export price showed a dramatic decline. The pace of growth was the most pronounced in 2021 a decrease of 99.9%. The export price peaked at $2,000 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2020 to 2022, the rate of growth in terms of prices for France amounted to 0.0% per year.

Clove Imports in Algeria

For the third consecutive year, Algeria recorded decline in supplies from abroad of cloves, which decreased by less than 0.1% to 201 tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, clove imports dropped to $1M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 5.7% against the previous year.

Import of Clove in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates20421651188563.1%
MadagascarN/A15.6N/A106160.7%
India1.10.4N/A43.6241.0%
Indonesia503501253N/A-29.1%
Turkey24635.646.7N/A-56.4%
BrazilN/A155N/AN/A0%
OthersN/A84.3253N/A200.1%
Total9531,0081,0631,0352.8%

Top Suppliers of Clove to Algeria in 2022:

  1. United Arab Emirates (152.6 tons)
  2. Madagascar (42.1 tons)
  3. India (6.1 tons)

Clove Exports in Algeria

In 2022, clove exports from Algeria stood at 2 kg, therefore, remained relatively stable against 2021. Over the period under review, exports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, clove exports stood at $2 in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of 99.9% was in 2021.

Export of Clove in Algeria (USD)
COUNTRY202020212022CAGR,
2020-2022
FranceN/AN/A1.00%
Canada4.0N/AN/A0%
OthersN/AN/A1.00%
Total4.0N/A2.0-29.3%

Top Export Markets for Clove from Algeria in 2022:

  1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Algeria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Algeria
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
Store
Blog
Event
Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3038

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5089

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4664

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6637

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 1892

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

Which Country Consumes the Most Cloves in the World?
Feb 9, 2018
Eye 3038

Global clove consumption amounted to X thousand tons in 2015, lowering by -X% against the previous year level.

Which Country Exports the Most Cloves in the World?
Feb 1, 2018
Eye 5089

Global clove exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Cloves in the World?
Jan 25, 2018
Eye 4664

Global clove imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.

Which Country Produces the Most Cloves in the World?
Oct 23, 2017
Eye 6637

In 2015, the country with the largest volume of the clove output was Indonesia (X thousand tons), accounting for X% of global production.

Clove Market - Singapore’s Clove Exports Showed Impressive Growth in 2014
Sep 22, 2015
Eye 1892

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

Free Data: Cloves - Algeria