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

Clove Market Size in South Africa

The South African clove market surged to $X in 2020, rising by 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). Overall, consumption saw a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Clove Exports

Exports from South Africa

In 2020, the amount of cloves exported from South Africa skyrocketed to X tonnes, picking up by X% against the previous year. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, clove exports surged to $X in 2020. Over the period under review, exports recorded a strong increase. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Zimbabwe (X tonnes), Zambia (X tonnes) and Botswana (X tonnes) were the main destinations of clove exports from South Africa, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Zambia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for clove exported from South Africa were Zimbabwe ($X), Zambia ($X) and Botswana ($X), with a combined X% share of total exports.

Zimbabwe saw the highest growth rate of 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 2020, the average clove export price amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

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

Clove Imports

Imports into South Africa

Clove imports into South Africa skyrocketed to X tonnes in 2020, increasing by X% compared with the previous year. Over the period under review, total imports indicated measured growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, clove imports rose notably to $X in 2020. Overall, imports saw tangible growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

India (X tonnes), Indonesia (X tonnes) and Sri Lanka (X tonnes) were the main suppliers of clove imports to South Africa, together accounting for X% of total imports. These countries were followed by Madagascar, Viet Nam, China and Comoros, which together accounted for a further X 2007 to 2020, the biggest increases were in China (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest clove suppliers to South Africa were Indonesia ($X), Sri Lanka ($X) and India ($X), together accounting for X% of total imports. These countries were followed by Madagascar, Viet Nam, China and Comoros, which together accounted for a further X the main suppliers, China (+X% per year) recorded the highest rates of growth with regard to 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 2020, the average clove import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, 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) remains the largest clove consuming country worldwide, 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?
+
Indonesia (141K tonnes) remains the largest clove producing country worldwide, comprising approx. 69% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar (25K tonnes), sixfold. Tanzania (8.9K tonnes) ranked third in terms of total production with a 4.4% share.
What are the leading suppliers of cloves to South Africa?
+
In value terms, Indonesia ($461K), Sri Lanka ($440K) and India ($379K) appeared to be the largest clove suppliers to South Africa, together comprising 72% of total imports. Madagascar, Viet Nam, China and Comoros lagged somewhat behind, together comprising a further 26%.
What are the leading importers of cloves from South Africa?
+
In value terms, Zimbabwe ($17K), Zambia ($13K) and Botswana ($6.3K) constituted the largest markets for clove exported from South Africa worldwide, together comprising 76% of total exports.
What is the average export price for cloves in South Africa?
+
In 2020, the average clove export price amounted to $3,741 per tonne, waning by -16.6% against the previous year.
What is the average import price for cloves in South Africa?
+
In 2020, the average clove import price amounted to $3,618 per tonne, falling by -11.3% against the previous year.

Product coverage:
• FCL 698 - Cloves

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

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