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Denmark - Cloves - Market Analysis, Forecast, Size, Trends and Insights
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Denmark: Clove Market Overview 2021

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Clove Market Size in Denmark

The Danish clove market was estimated at $X in 2019, remaining constant 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, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Clove Exports

Exports from Denmark

In 2019, shipments abroad of cloves decreased by -X% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, clove exports contracted markedly to $X in 2019. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2016; however, from 2017 to 2019, exports remained at a lower figure.

Exports by Country

France (X kg), Estonia (X kg) and Germany (X kg) were the main destinations of clove exports from Denmark, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in France (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), France ($X) and Faroe Islands ($X) appeared to be the largest markets for clove exported from Denmark worldwide, together comprising X% of total exports.

France (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average clove export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Clove Imports

Imports into Denmark

In 2019, the amount of cloves imported into Denmark dropped to X tonnes, waning by -X% on 2018 figures. In general, imports recorded a mild setback. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, clove imports reduced modestly to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Sweden (X tonnes) were the main suppliers of clove imports to Denmark, together comprising X% of total imports. These countries were followed by Sri Lanka and Indonesia, which together accounted for a further X 2007 to 2019, the biggest increases were in Sri Lanka, while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest clove suppliers to Denmark were Germany ($X), Sweden ($X) and the Netherlands ($X), with a combined X% share of total imports. Indonesia and Sri Lanka lagged somewhat behind, together comprising a further X Lanka saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average clove import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cloves in the world?
+
Indonesia (134K tonnes) constituted the country with the largest volume of clove consumption, comprising approx. 62% of total volume. Moreover, clove consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India (18K tonnes), sevenfold. The third position in this ranking was occupied by Madagascar (13K tonnes), with a 5.8% share.
What are the largest producers of cloves in the world?
+
The country with the largest volume of clove production was Indonesia (135K tonnes), comprising approx. 70% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar (23K tonnes), sixfold. The third position in this ranking was occupied by Tanzania (9K tonnes), with a 4.7% share.
What are the leading suppliers of cloves to Denmark?
+
In value terms, Germany ($125K), Sweden ($100K) and the Netherlands ($74K) were the largest clove suppliers to Denmark, with a combined 92% share of total imports. Indonesia and Sri Lanka lagged somewhat behind, together comprising a further 3.1%.
What are the leading importers of cloves from Denmark?
+
In value terms, the largest markets for clove exported from Denmark were Estonia ($1.5K), France ($1.4K) and Faroe Islands ($1.3K), with a combined 42% share of total exports.
What is the average export price for cloves in Denmark?
+
The average clove export price stood at $14,436 per tonne in 2019, increasing by 16% against the previous year.
What is the average import price for cloves in Denmark?
+
In 2019, the average clove import price amounted to $11,147 per tonne, rising by 2.6% against the previous year.

Product coverage:
• FCL 698 - Cloves

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Denmark
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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