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

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Clove Market Size in Romania

In 2019, the Romanian clove market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018, and then reduced in the following year.

Clove Exports

Exports from Romania

In 2019, the amount of cloves exported from Romania surged to X tonnes, rising by X% against the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2017 to 2019, the growth exports remained at a lower figure.

In value terms, clove exports skyrocketed to $X in 2019. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for clove exports from Romania, accounting for a X% share of total exports. Moreover, clove exports to Germany exceeded the volume sent to the second major destination, Hungary (X kg), fivefold. Italy (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 Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Italy (+X% per year).

In value terms, Germany ($X) remains the key foreign market for clove exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

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

Export Prices by Country

The average clove export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was France ($X per tonne), while the average price for exports to Hungary ($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 Italy, while the prices for the other major destinations experienced mixed trend patterns.

Clove Imports

Imports into Romania

In 2019, purchases abroad of cloves decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then declined in the following year.

In value terms, clove imports dropped to $X in 2019. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then shrank in the following year.

Imports by Country

Germany (X tonnes), Sri Lanka (X tonnes) and the Netherlands (X tonnes) were the main suppliers of clove imports to Romania, with a combined X% share of total imports. Poland and Spain lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Spain, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clove suppliers to Romania were Germany ($X), Sri Lanka ($X) and Poland ($X), with a combined X% share of total imports.

In terms of the main suppliers, Sri Lanka saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average clove import price amounted to $X per tonne, rising by X% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per tonne), while the price for the Netherlands ($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?
+
The country with the largest volume of clove consumption was Indonesia (134K tonnes), 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?
+
Indonesia (135K tonnes) constituted the country with the largest volume of clove production, accounting for 70% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar (23K tonnes), sixfold. Tanzania (9K tonnes) ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of cloves to Romania?
+
In value terms, Germany ($147K), Sri Lanka ($106K) and Poland ($90K) constituted the largest clove suppliers to Romania, together accounting for 82% of total imports.
What are the leading importers of cloves from Romania?
+
In value terms, Germany ($39K) remains the key foreign market for clove exports from Romania, comprising 55% of total exports. The second position in the ranking was occupied by Italy ($13K), with a 18% share of total exports. It was followed by Poland, with a 8.4% share.
What is the average export price for cloves in Romania?
+
In 2019, the average clove export price amounted to $16,068 per tonne, growing by 10% against the previous year.
What is the average import price for cloves in Romania?
+
In 2019, the average clove import price amounted to $11,744 per tonne, with an increase of 4.6% against the previous year.

Product coverage:
• FCL 698 - Cloves

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

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