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

Clove Market Size in Pakistan

In 2020, the Pakistani clove market increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. Overall, consumption recorded a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Clove consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Clove Exports

Exports from Pakistan

After two years of growth, shipments abroad of cloves decreased by -X% to X kg in 2020. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, clove exports surged to $X in 2020. Over the period under review, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to continue growth in the near future.

Exports by Country

Japan (X kg), Oman (X kg) and South Korea (X kg) were the main destinations of clove exports from Pakistan, 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 Japan, while exports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+X% per year) and Kuwait (+X% per year).

Export Prices by Country

In 2020, the average clove export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price enjoyed a prominent expansion. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Kuwait ($X per tonne), while the average price for exports to Canada ($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 Oman, while the prices for the other major destinations experienced more modest paces of growth.

Clove Imports

Imports into Pakistan

In 2020, purchases abroad of cloves increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a perceptible increase. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, clove imports skyrocketed to $X in 2020. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Indonesia (X tonnes) was the main clove supplier to Pakistan, with a X% share of total imports. It was followed by Comoros (X tonnes), with a X% share of total imports. The third position in this ranking was occupied by Tanzania (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Indonesia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Comoros (+X% per year) and Tanzania (X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Indonesia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Comoros (+X% per year) and Tanzania (+X% per year).

Import Prices by Country

In 2020, the average clove import price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2019, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Tanzania ($X per tonne) and Comoros ($X per tonne), while the price for Madagascar ($X per tonne) and Indonesia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Comoros, while the prices for the other major suppliers experienced more modest paces of growth.

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 50% of total volume. Moreover, clove consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India (30K tonnes), threefold. Madagascar (8.3K tonnes) ranked third in terms of total consumption with a 4.3% share.
What are the largest producers of cloves in the world?
+
The country with the largest volume of clove production was Indonesia (141K tonnes), comprising approx. 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 Pakistan?
+
In value terms, Indonesia ($9.1M) constituted the largest supplier of clove to Pakistan, comprising 92% of total imports. The second position in the ranking was occupied by Comoros ($313K), with a 3.2% share of total imports. It was followed by Tanzania, with a 3.1% share.
What are the leading importers of cloves from Pakistan?
+
In value terms, Japan ($4.7K) emerged as the key foreign market for clove exports from Pakistan, comprising 50% of total exports. The second position in the ranking was occupied by Oman ($1.9K), with a 20% share of total exports. It was followed by Kuwait, with a 13% share.
What is the average export price for cloves in Pakistan?
+
In 2020, the average clove export price amounted to $17,815 per tonne, surging by 122% against the previous year.
What is the average import price for cloves in Pakistan?
+
In 2020, the average clove import price amounted to $4,638 per tonne, falling by -5.4% against the previous year.

Product coverage:
• FCL 698 - Cloves

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

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