Global Clove Market - Segmented by Geography- Growth, Trends, and Forecast (2019 - 2024)

The Global Clove Market is Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Africa).

Market Snapshot

market snapshot
Study Period:

2015-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

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Market Overview

The global clove market is projected to grow at a CAGR of 3% during the forecast period 2019-2024. 

Indonesia was the largest producer of cloves with a production volume of 139,522 metric ton in the year 2016. Indonesia is the leading clove producer in the world accounting for nearly 77.2% of the global output. However, the top producers of clove, Indonesia and Madagascar were badly hit by cyclones in 2017 which damaged the clove fields, consequently leading to a sharp decline in clove production in both the countries.

Scope of the Report

Clove is a spice aromatic flowers used widely across various food and beverage applications. The report includes production, consumption, export and import analysis with major consuming countries acorss the world.

Geography
North America
US
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Canada
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Mexico
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Rest of North America
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Europe
UK
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Germany
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
France
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Spain
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Russia
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Rest of Europe
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Asia Pacific
Indonesia
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
China
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
India
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Singapore
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Sri Lanka
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Vietnam
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Rest of Asia-Pacific
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
South America
Brazil
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Argentina
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Rest of South America
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Africa
Madagascar
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Kenya
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Comoros
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Tanzania
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Rest of Africa
Production Analysis
Consumption Analysis, Market Value and Price Trend
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)

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Key Market Trends

Rise in global clove production

The global clove production is projected to grow at 3% during the forecast period 2019-2024.

The rise in demand for herbal and natural products and medicines has boosted the growth of cloves market due to the medicinal benefits of cloves, especially in developing economies. Changing consumer preference towards the use of herbal and natural products due to greater effectiveness and absence of side-effects have led to an increased demand for cloves. Also, emerging demand of herbal supplements by middle-aged women and older adults are the likely factors driving the market growth.

trend1

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Madagascar – Largest Clove Exporter

Madagascar is the second largest producer and leading exporter of clove with more than 41.2% of global clove exports. For India, Madagascar is the most preferred source for clove because of the bilateral trade treaty, where India gets the produce without any import duty. In addition, Indonesia primarily imports clove from Madagascar to be used in the production of clove cigarettes known as kretek. The major importers of clove from Madagascar, in terms of value, as of 2017, are- Singapore (USD 81,506 thousand), India (USD 66,886 thousand), Vietnam (USD 38,284 thousand), and Indonesia (USD 16,905 thousand), among others. Singapore is the largest importer of clove with a 37.2% share of total clove exports from Madagascar followed by India and Vietnam with 30.5% and 17.4% respectively.

trend2

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Value Chain / Supply Chain Analysis

    6. 4.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 North America

        1. 5.1.1.1 US

          1. 5.1.1.1.1 Production Analysis

          2. 5.1.1.1.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.1.1.3 Import Market Analysis (Volume and Value)

          4. 5.1.1.1.4 Export Market Analysis (Volume and Value)

        2. 5.1.1.2 Canada

          1. 5.1.1.2.1 Production Analysis

          2. 5.1.1.2.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.1.2.3 Import Market Analysis (Volume and Value)

          4. 5.1.1.2.4 Export Market Analysis (Volume and Value)

        3. 5.1.1.3 Mexico

          1. 5.1.1.3.1 Production Analysis

          2. 5.1.1.3.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.1.3.3 Import Market Analysis (Volume and Value)

          4. 5.1.1.3.4 Export Market Analysis (Volume and Value)

        4. 5.1.1.4 Rest of North America

          1. 5.1.1.4.1 Production Analysis

          2. 5.1.1.4.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.1.4.3 Import Market Analysis (Volume and Value)

          4. 5.1.1.4.4 Export Market Analysis (Volume and Value)

      2. 5.1.2 Europe

        1. 5.1.2.1 UK

          1. 5.1.2.1.1 Production Analysis

          2. 5.1.2.1.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.1.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.1.4 Export Market Analysis (Volume and Value)

        2. 5.1.2.2 Germany

          1. 5.1.2.2.1 Production Analysis

          2. 5.1.2.2.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.2.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.2.4 Export Market Analysis (Volume and Value)

        3. 5.1.2.3 France

          1. 5.1.2.3.1 Production Analysis

          2. 5.1.2.3.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.3.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.3.4 Export Market Analysis (Volume and Value)

        4. 5.1.2.4 Spain

          1. 5.1.2.4.1 Production Analysis

          2. 5.1.2.4.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.4.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.4.4 Export Market Analysis (Volume and Value)

        5. 5.1.2.5 Russia

          1. 5.1.2.5.1 Production Analysis

          2. 5.1.2.5.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.5.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.5.4 Export Market Analysis (Volume and Value)

        6. 5.1.2.6 Rest of Europe

          1. 5.1.2.6.1 Production Analysis

          2. 5.1.2.6.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.2.6.3 Import Market Analysis (Volume and Value)

          4. 5.1.2.6.4 Export Market Analysis (Volume and Value)

      3. 5.1.3 Asia Pacific

        1. 5.1.3.1 Indonesia

          1. 5.1.3.1.1 Production Analysis

          2. 5.1.3.1.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.1.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.1.4 Export Market Analysis (Volume and Value)

        2. 5.1.3.2 China

          1. 5.1.3.2.1 Production Analysis

          2. 5.1.3.2.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.2.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.2.4 Export Market Analysis (Volume and Value)

        3. 5.1.3.3 India

          1. 5.1.3.3.1 Production Analysis

          2. 5.1.3.3.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.3.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.3.4 Export Market Analysis (Volume and Value)

        4. 5.1.3.4 Singapore

          1. 5.1.3.4.1 Production Analysis

          2. 5.1.3.4.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.4.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.4.4 Export Market Analysis (Volume and Value)

        5. 5.1.3.5 Sri Lanka

          1. 5.1.3.5.1 Production Analysis

          2. 5.1.3.5.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.5.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.5.4 Export Market Analysis (Volume and Value)

        6. 5.1.3.6 Vietnam

          1. 5.1.3.6.1 Production Analysis

          2. 5.1.3.6.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.6.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.6.4 Export Market Analysis (Volume and Value)

        7. 5.1.3.7 Rest of Asia-Pacific

          1. 5.1.3.7.1 Production Analysis

          2. 5.1.3.7.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.3.7.3 Import Market Analysis (Volume and Value)

          4. 5.1.3.7.4 Export Market Analysis (Volume and Value)

      4. 5.1.4 South America

        1. 5.1.4.1 Brazil

          1. 5.1.4.1.1 Production Analysis

          2. 5.1.4.1.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.4.1.3 Import Market Analysis (Volume and Value)

          4. 5.1.4.1.4 Export Market Analysis (Volume and Value)

        2. 5.1.4.2 Argentina

          1. 5.1.4.2.1 Production Analysis

          2. 5.1.4.2.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.4.2.3 Import Market Analysis (Volume and Value)

          4. 5.1.4.2.4 Export Market Analysis (Volume and Value)

        3. 5.1.4.3 Rest of South America

          1. 5.1.4.3.1 Production Analysis

          2. 5.1.4.3.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.4.3.3 Import Market Analysis (Volume and Value)

          4. 5.1.4.3.4 Export Market Analysis (Volume and Value)

      5. 5.1.5 Africa

        1. 5.1.5.1 Madagascar

          1. 5.1.5.1.1 Production Analysis

          2. 5.1.5.1.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.5.1.3 Import Market Analysis (Volume and Value)

          4. 5.1.5.1.4 Export Market Analysis (Volume and Value)

        2. 5.1.5.2 Kenya

          1. 5.1.5.2.1 Production Analysis

          2. 5.1.5.2.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.5.2.3 Import Market Analysis (Volume and Value)

          4. 5.1.5.2.4 Export Market Analysis (Volume and Value)

        3. 5.1.5.3 Comoros

          1. 5.1.5.3.1 Production Analysis

          2. 5.1.5.3.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.5.3.3 Import Market Analysis (Volume and Value)

          4. 5.1.5.3.4 Export Market Analysis (Volume and Value)

        4. 5.1.5.4 Tanzania

          1. 5.1.5.4.1 Production Analysis

          2. 5.1.5.4.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.5.4.3 Import Market Analysis (Volume and Value)

          4. 5.1.5.4.4 Export Market Analysis (Volume and Value)

        5. 5.1.5.5 Rest of Africa

          1. 5.1.5.5.1 Production Analysis

          2. 5.1.5.5.2 Consumption Analysis, Market Value and Price Trend

          3. 5.1.5.5.3 Import Market Analysis (Volume and Value)

          4. 5.1.5.5.4 Export Market Analysis (Volume and Value)

    2. 5.2 PROCUREMENT PREFERENCE MATRIX

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

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