Report Update Apr 1, 2024

Sweden - Cloves - Market Analysis, Forecast, Size, Trends and Insights

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Sweden: Clove Market 2024

Clove Market Size in Sweden

In 2022, after three years of decline, there was significant growth in the Swedish clove market, when its value increased by X% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Clove Exports

Exports from Sweden

In 2022, exports of cloves from Sweden soared to X tons, rising by X% against the previous year. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, clove exports rose significantly to $X in 2022. In general, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for clove exports from Sweden, accounting for a X% share of total exports. Moreover, clove exports to Estonia exceeded the volume sent to the second major destination, Norway (X tons), threefold. Denmark (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

In value terms, Denmark ($X), Estonia ($X) and Norway ($X) were the largest markets for clove exported from Sweden worldwide, with a combined X% share of total exports. Finland, France and Iceland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Iceland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average clove export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Clove Imports

Imports into Sweden

After three years of decline, supplies from abroad of cloves increased by X% to X tons in 2022. In general, imports, however, saw a mild shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, clove imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a mild curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest clove supplier to Sweden, with a X% share of total imports. Moreover, clove imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was taken by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Estonia (X% per year).

In value terms, the largest clove suppliers to Sweden were the Netherlands ($X), Estonia ($X) and Vietnam ($X), together comprising X% of total imports. Germany and Indonesia lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average clove import price stood at $X per ton in 2022, surging 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 was the most pronounced in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

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Frequently Asked Questions (FAQ) :

What are the largest markets for cloves in the world?

Indonesia constituted the country with the largest volume of clove consumption, comprising approx. 67% of total volume. Moreover, clove consumption in Indonesia exceeded the figures recorded by the second-largest consumer, India, ninefold. The third position in this ranking was taken by the United Arab Emirates, with a 2.5% share.

What are the largest producers of cloves in the world?

The country with the largest volume of clove production was Indonesia, comprising approx. 59% of total volume. Moreover, clove production in Indonesia exceeded the figures recorded by the second-largest producer, Madagascar, threefold. The third position in this ranking was taken by the United Arab Emirates, with a 4.9% share.

What are the leading suppliers of cloves to Sweden?

In value terms, the Netherlands, Estonia and Vietnam appeared to be the largest clove suppliers to Sweden, together comprising 83% of total imports. Germany and Indonesia lagged somewhat behind, together accounting for a further 13%.

What are the leading importers of cloves from Sweden?

In value terms, the largest markets for clove exported from Sweden were Denmark, Estonia and Norway, together accounting for 80% of total exports. Finland, France and Iceland lagged somewhat behind, together comprising a further 18%.

What is the average export price for cloves in Sweden?

The average clove export price stood at $15,026 per ton in 2022, shrinking by -3.1% against the previous year.

What is the average import price for cloves in Sweden?

The average clove import price stood at $10,366 per ton in 2022, picking up by 11% against the previous year.

This report provides an in-depth analysis of the clove market in Sweden. 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 2030.

Product coverage:

FCL 698 - Cloves

Country coverage:

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023