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

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Clove Market Size in Egypt

The Egyptian clove market expanded to $X in 2019, with an increase of X% 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). In general, consumption posted a strong increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Clove Exports

Exports from Egypt

In 2019, clove exports from Egypt skyrocketed to X tonnes, increasing by X% on the year before. Overall, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2012 to 2019, the growth exports remained at a lower figure.

In value terms, clove exports skyrocketed to $X in 2019. In general, exports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Kuwait (X tonnes) was the main destination for clove exports from Egypt, accounting for a X% share of total exports. Moreover, clove exports to Kuwait exceeded the volume sent to the second major destination, Chile (X kg), eightfold. Germany (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Kuwait amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Germany (-X% per year).

In value terms, Kuwait ($X) emerged as the key foreign market for clove exports from Egypt, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Kuwait stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Chile (X% per year).

Export Prices by Country

In 2019, the average clove export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Canada ($X per tonne), while the average price for exports to Germany ($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 Egypt

In 2019, the amount of cloves imported into Egypt expanded significantly to X tonnes, rising by X% against the year before. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2018 to 2019, the growth imports remained at a lower figure.

In value terms, clove imports totaled $X in 2019. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Indonesia (X tonnes) constituted the largest clove supplier to Egypt, accounting for a X% share of total imports. Moreover, clove imports from Indonesia exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tonnes), ninefold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Indonesia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+X% per year) and Brazil (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from Indonesia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Sri Lanka (+X% per year).

Import Prices by Country

In 2019, the average clove import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, 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, accounting for 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?
+
Indonesia (135K tonnes) constituted the country with the largest volume of clove production, 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 Egypt?
+
In value terms, Indonesia ($1.7M) constituted the largest supplier of clove to Egypt, comprising 65% of total imports. The second position in the ranking was occupied by Brazil ($330K), with a 13% share of total imports. It was followed by Sri Lanka, with a 8.2% share.
What are the leading importers of cloves from Egypt?
+
In value terms, Kuwait ($34K) emerged as the key foreign market for clove exports from Egypt, comprising 69% of total exports. The second position in the ranking was occupied by Sweden ($4.9K), with a 9.8% share of total exports. It was followed by Chile, with a 7.8% share.
What is the average export price for cloves in Egypt?
+
In 2019, the average clove export price amounted to $6,563 per tonne, growing by 27% against the previous year.
What is the average import price for cloves in Egypt?
+
In 2019, the average clove import price amounted to $7,684 per tonne, reducing by -11.2% against the previous year.

Product coverage:
• FCL 698 - Cloves

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

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