Report China - Cloves - Market Analysis, Forecast, Size, Trends and Insights for 499$
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China - Cloves - Market Analysis, Forecast, Size, Trends and Insights
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China: Clove Market Overview 2021

Clove Market Size in China

In 2020, the Chinese clove market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Clove Production in China

In value terms, clove production expanded to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a mild increase. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

In 2020, the average yield of cloves in China expanded modestly to X tonnes per ha, picking up by X% on the year before. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the yield increased by X% y-o-y. The clove yield peaked in 2020 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of cloves production in China amounted to X ha, increasing by X% on 2019. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2012 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to clove production reached the maximum at X ha in 2015; afterwards, it flattened through to 2020.

Clove Exports

Exports from China

In 2020, after two years of growth, there was significant decline in overseas shipments of cloves, when their volume decreased by -X% to X tonnes. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2019, and then fell significantly in the following year.

In value terms, clove exports expanded slightly to $X in 2020. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tonnes), Ethiopia (X tonnes) and Djibouti (X tonnes) were the main destinations of clove exports from China, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Djibouti (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for clove exports from China, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Taiwan (Chinese) (+X% per year).

Export Prices by Country

The average clove export price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the average price for exports to Ethiopia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced more modest paces of growth.

Clove Imports

Imports into China

In 2020, purchases abroad of cloves was finally on the rise to reach X tonnes for the first time since 2012, thus ending a seven-year declining trend. Overall, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, clove imports surged to $X in 2020. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Indonesia (X tonnes) constituted the largest clove supplier to China, accounting for a X% share of total imports. Moreover, clove imports from Indonesia exceeded the figures recorded by the second-largest supplier, Madagascar (X tonnes), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Indonesia amounted to +X%.

In value terms, Indonesia ($X) constituted the largest supplier of clove to China, comprising X% of total imports. The second position in the ranking was occupied by Madagascar ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Indonesia totaled +X%.

Import Prices by Country

In 2020, the average clove import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per tonne), while the price for Madagascar stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cloves in the world?
+
Indonesia (95K tonnes) constituted the country with the largest volume of clove consumption, accounting for 49% of total volume. Moreover, clove consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India (30K tonnes), threefold. Madagascar (10K tonnes) ranked third in terms of total consumption with a 5.2% share.
What are the largest producers of cloves in the world?
+
The country with the largest volume of clove production was Indonesia (141K tonnes), accounting for 69% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar (25K tonnes), sixfold. The third position in this ranking was occupied by Tanzania (8.9K tonnes), with a 4.4% share.
What are the leading suppliers of cloves to China?
+
In value terms, Indonesia ($10M) constituted the largest supplier of clove to China, comprising 90% of total imports. The second position in the ranking was occupied by Madagascar ($1.1M), with a 9.9% share of total imports.
What are the leading importers of cloves from China?
+
In value terms, Hong Kong SAR ($471K) emerged as the key foreign market for clove exports from China, comprising 34% of total exports. The second position in the ranking was occupied by the U.S. ($200K), with a 14% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.
What is the average export price for cloves in China?
+
In 2020, the average clove export price amounted to $4,495 per tonne, increasing by 33% against the previous year.
What is the average import price for cloves in China?
+
In 2020, the average clove import price amounted to $8,634 per tonne, jumping by 26% against the previous year.
Product coverage:
• FCL 698 - Cloves

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 2025.


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:
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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